HR Daily Advisor has previously reported on research released by Deloitte Consulting LLP’s Bersin. The research shows that people analytics—the use of employee data to help optimize business and management decisions—is strongly related to improved talent outcomes and an organization’s profitability.
In fact, high-maturity organizations, or those using people analytics in a sophisticated and insightful way, report 82% higher 3-year average profit than their low-maturity counterparts. In its report, High-Impact People Analytics: The 2017 Maturity Model, developed after 1 year of extensive research, Bersin identifies seven leading practices and describes ways that companies can rapidly improve their analytics strategies.
These seven tips have been outlined in the infographic below.