HR lagging in analytics space

Needs to move beyond reactive to predictive, prescriptive: Report
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 12/04/2012

While employers are embracing and analyzing “big data” to transform business and industries, and spur innovation, HR functions have made little progress in using this information to provide insights critical to strategic decisions, according to a report from the Conference Board in New York.

It is not only important for HR to embrace analytics but to move beyond analyzing to predicting and prescribing solutions that align with enterprise-wide goals, said Human Capital Analytics: A Primer. The report came from a research working group involving 25 representatives from 14 companies.

Human capital functions have failed to keep pace with other business leaders in using analytics, according to Rebecca Ray, senior vice-president of human capital at the Conference Board in New York.