HR analytics in 2019: key themes and challenges
Data & Innovation – guest post by Experian.
Hyper-connectivity, the Internet of Things, artificial intelligence, robotics, neural networks, deep analytics, bitcoin, blockchain and self-learning systems. All these and more are transforming, changing, challenging and disrupting each and every industry, and those quickest to adapt will thrive.
For HR, the world of work is changing at pace and the disruptive technological evolution we’re living through is presenting great opportunities and challenges for HR and people management.
We’ve already entered the early phases of the data-driven world. In fact, 90% of the world’s data has been created in the last two years, and by 2020 the same amount of data again will be created every minute.
Before data can be used though, it needs to be interpreted and understood. And with so much information available it can be overwhelming to think about how to extract the relevant insight. That’s where data analytics comes in. The rapid growth of HR technology and capability has meant that human resource professionals today can analyse data to make better HR decisions, leading directly to more productive and profitable outcomes for the organisation.
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