Friday, August 9, 2013

The future of HR: Big Data

As we mentioned in our first post, Big Data is “everything we do”, it is in our daily life wether we want it or not. Although some people may think it is only on Facebook, Google, YouTube, or Amazon, Big Data is much more that that and can be used in many areas of a company such as Marketing, Sales, HR and R&D. 

In this post we will focus on some of the relations between BD and Human Resources. Today’s world makes recruiters compete for superior talent while the company’s top management asks for more input to make faster and better recruiting decisions. Big Data can improve the company’s selection process, by helping us to better hire, understanding the market and filtering among hundreds of CV’s to select candidates that will be the right fit for our organization. 

Moreover, if we focus on employees, companies employ hundreds of people and over the years they have created databases with all the demographic and performance information, education, age, marital status, among many other factors. This information can be use to predict metrics for the organization and to make better “people” decisions in advance and most importantly to predict organizational performance. 

The success for Big Data and HR involves combining and analyzing metrics as performance, previous positions, and salaries, among others to provide more accurate and smarter solutions to business problems that face the organization. 

For more information on Human Resources and Big Data: 

http://talentmgt.com/articles/view/hr-can-t-ignore-big-data/1

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