LONDON, UK (November 3, 2014) Research from global RPO and talent management specialist, Cielo, reveals that HR professionals are risking falling behind the curve by failing to make the most of big data.
According to its Talent Activation Index, which surveyed 750 global HR and talent management professionals, 72% of leading companies across the globe rate their use of data and analytics to inform workforce strategies as ‘very effective’. In comparison, only 6% of organisations deemed ‘laggards’ – or poor performers – were using analytics well, significantly reducing their competitive advantage.
As a result, Cielo has called on HR professionals to improve their use of big data through a simple step-by-step process. As part of its new white paper Demystifying Big Data to Make Better Hires the global RPO and talent management specialist provides a straightforward guide for HR professionals unfamiliar with this vital tool.
Sue Brooks, Cielo Chief Innovation Officer, commented:
“Big data isn’t a simple buzz term that will disappear over time. As our research shows, it is already providing a competitive advantage for many leading businesses when it comes to managing staff and identifying key potential talent. So why not more? Perhaps the biggest barrier is the misbelief that this requires the implementation of complex or expensive systems. But that’s simply not true because most organisations already have many of the necessary tools at their disposal. And these four steps provide a great starting point for HR teams to make use of them.”