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Talent Analytics INSC – Managing Information Technology

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Presentation on theme: "Talent Analytics INSC – Managing Information Technology"— Presentation transcript:

1 Talent Analytics INSC 60040 – Managing Information Technology
Talent Analytics INSC – Managing Information Technology Dr. David Preston Feb. 7, 2018 Team #5 James Cheatwood Brendan Gallagher Gerad Morris Michael Olson Mani Vashisht OFFICE OF XYZ

2 Current Issues & Limitations Common Resolutions Real-Life Solutions
Objectives Introduction Basic Forms How Does It Add Value? Current Issues & Limitations Common Resolutions Real-Life Solutions Conclusions *Source: CEB Research, 2013

3 What is 'Talent Analytics'?
Introduction What is 'Talent Analytics'? In simple terms, it is a platform to 'Quantify' someone. Definition: 'Talent Analytics is an analytics platform that produces insights into the potential hiring pool and into your existing team members’ – Erika Morphy, CMSWire Uses data and analytics, not just opinion or experience, to answer 'Who to Hire?', 'Who to Keep?', and 'Who to Let Go?' 

4 Ongoing Feedback Analytics
Basic Forms Hiring Analytics  Eliminates bias in the hiring process Ongoing Feedback Analytics Evaluating the workforce performance Optimization Analytics Combines the data from these two

5 Workforce Modeling & Forecasts
How Does It Add Value? Human Capital Facts Understanding the Big Picture Workforce Modeling & Forecasts "What are our workforce be next month, next quarter, or next year?" In-Depth Analytics – Tailored Approach AC Milan – 60,000 data points

6 Current Issues & Limitations
Leadership Commitment  Single most important factor for success Data Integrity Garbage in = Garbage out Organizational Boundaries Integration of data silos Strategic Targets Where do we start? Data Interpretation  Requires new capabilities Simple decisions can become complex. More data, more outcomes?

7 Current Issues & Limitations
*Source: 

8 Common Resolutions Demand data driven decisions Utilize unbiased metrics Democratic input of information Build cross-functional teams Strategic priorities Develop skills and/or add analysts; or IBM® Watson™ Talent Insights

9 Human-Capital Facts - Jet Blue Analytical HR - Lockheed Martin
Real-Life Solutions Human-Capital Facts - Jet Blue Key indicators for organizations overall health Analytical HR - Lockheed Martin Automated system for identification of improvement/training needs Human-Capital Investment Analysis - Sysco Tracking satisfaction levels of delivery associates Davenport, Thomas H, et al. 

10 Workforce Forecasts - Dow Chemical Talent Value Model - Google
Real-Life Solutions Workforce Forecasts - Dow Chemical Modeling tool that predicts business unit headcount  Talent Value Model - Google Identifies misplaced or poorly managed employees Talent Supply Chain - Retail Companies Predict call center volume to manage workforce in real-time Davenport, Thomas H, et al. 

11 Conclusions Why? Issues & Limitations? Real-Life Solutions?
People are an organization’s greatest asset and largest expense Uses data and analytics, not just opinion or experience, to make HR decisions; unbiased Powerful descriptive and/or predictive tool Issues & Limitations? Leadership must be committed and set priorities Requires new skills and/or working across organizational boundaries Real-Life Solutions? Companies use it to ensure higher productivity, worker engagement, retention of top performers, etc.

12 Questions?

13 References Bersin, Josh, et al. "Talent Analytics in Practice: Go from talking to delivering on big data." Deloitte Insights, 7 March Retrieved from Biro, Meghan. "Talent Analytics: A Crystal Ball For Your Workforce?" Forbes, 29 June 2014. Davenport, Thomas, et al. “Competing on Talent Analytics.” Harvard Business Review, Oct. 2010, Kaur, Jasmit & Fink, Alexis A. "Trends and Practices in Talent Analytics." Society for Human Resource Management (SHRM)-Society for Industrial-Organizational Psychology (SIOP) Science of HR White Paper Series, 2017. Morphy, Erika. "Talent Analytics: What It Is and Why It Matters." CMSWire, 31 January 2018. Ulmer, Sam. Production and Workforce Planning James Cheatwood. 5 February Notes.

14 Dr. David Preston INSC 60040


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