Solving core organizational issues today often require new and innovative sets of strategies to solve core organizational issues: What is our current cost of turnover? What is the return on investment for our level of employee engagement? How much money should we invest in training and development programs?
Human Capital Analytics is the application of data analysis and tools that can be used to answer these types of questions and optimize the talent within an organization. Instead of merely reporting on data, Human Capital Analytics practitioners are able to leverage their understanding of an organization’s workforce to make better-informed decisions about accomplishing today’s mission and meeting tomorrow’s expectations.