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Human Capital Analytics (HCA) has been the topic of greatest interest for the two talent management Councils I work with. Talent management leaders recognize that HCA expertise will better enable them to demonstrate the value of their work. And it can help them determine which talent management initiatives are most likely to achieve returns.
An insight from our council discussions: The value of many major TM initiatives, such as costly leadership development programs and new performance management systems, has been questioned because of the inability to demonstrate return on investment. But using HCA to show such ROI as reducing turnover of critical talent pools or increasing time to productivity of new hires can build credibility on which the “softer” benefits of other HR initiatives can ride.
Learn more about building and leveraging HCA capability through TCB reports and webcasts highlighted in this newsletter and at the upcoming 13th Annual Human Capital Analytics Conference in October.