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Data & Analytics

Looking Forward

For companies seeking a more inclusive, equitable, and diverse workplace, data can reveal a clear path to success.

By Marta Chmielowicz

When an organization came to Korn Ferry with the goal of improving the diversity of its upper-level leadership team, a root analysis was in order. By leveraging workforce data to understand the underlying causes of racial inequity in their workplace, the client was able to gain insight into a powerful lever of inclusion and develop strategies to create lasting change. Other companies struggling to create safer and more inclusive, equitable, and diverse workplaces have a valuable lesson to learn from this approach: data can reveal a clear path forward.

TA Metrics for Business Results

Get the most from your talent acquisition strategies by keeping an eye on these metrics.

By Debbie Bolla

As the saying goes, “the proof is in the pudding,” and there’s no better way to understand the success of a business strategy than by tracking and analyzing a variety of specific metrics. This is the case for a talent acquisition and management strategies, especially in a tight candidate market.

Driving Up Data

Organizations are increasingly relying on data and analytics to inform critical talent decisions.

By Marta Chmielowicz

Necessity breeds innovation, and as the COVID-19 pandemic disrupted the business world, companies responded with new ways of working. According to Mercer’s Global Talent Trends 2020-2021 report, executives met the challenges of 2020 by doubling down on strategic partnerships (40%), using more variable talent pools (39%), and investing in automation (34%).

By the Numbers

Effective data collection, storage, and analysis is critical to future business success.

By Simon Kent

As the pandemic took hold of workplaces across EMEA, organisations found it necessary to shift every aspect of their business online. HR was among the departments where data had to be digitised, ensuring people information was accessible to all who needed it.

Top Concerns of CHROs

Six HR leaders share solutions to the issues keeping HR up at night: the impact of COVID-19, workforce planning, business agility, and the skills gap.

By Marta Chmielowicz

2020 has been a whirlwind of a year and HR leaders have found themselves at the frontlines, leading the charge into a new and uncertain reality. Throughout the COVID-19 pandemic, shelter in place orders, and social unrest of the past months, HR leaders have maintained a sense of normalcy while adapting to the changing needs of their businesses and the workplace at large. Now, they must develop a plan to face the unknown obstacles that lie ahead.

Data and Diversity

Analyzing talent acquisition data can build visibility and accountability into D&I initiatives.

With Paul Harty, Chief Solutions Officer, Sevenstep

Organizations of all sizes and across all industries struggle to maintain a diverse and inclusive workplace -but talent acquisition data can help them drive a more strategic approach. From identifying moments of bias to making a case for needed technologies, hiring data can give HR leaders the insights needed to overcome the obstacles that hold them back from true diversity. Here, Paul Harty, chief solutions officer at Sevenstep, shares some best practices for HR leaders looking to enhance their D&I approach with data.

Data-Driven Strategy

Following these eight steps is critical to unearthing culturally relevant data insights.

By Michael Switow

There is no shortage of data for HR professionals. From recruitment data to promotions, productivity, absenteeism, timesheets, expenses, and retention metrics, data that can be used to craft better workforce strategies is being created every day. Yet many HR leaders struggle to realise the power of people analytics, choosing instead to rely on instinct and experience.

Finding Clarity in Crisis

An effective, tech-driven data and analytics strategy can help organizations stay ahead in a moment of uncertainty.

By Marta Chmielowicz

The COVID-19 pandemic introduced a period of fear and uncertainty that touched all aspects of daily life, forcing companies to shutter their doors, furlough employees, and implement hiring freezes to stay afloat. Although the world has come a far way from the shelter-in-place orders of March and April, businesses are still recovering, with HR leaders working diligently to adapt to the new normal and do more with less. Many are relying on people data and analytics for insights that can better guide them as they navigate each phase of the crisis.

The Changing Talent Landscape

COVID-19 is driving TA leaders to rethink recruitment strategies.

By Marta Chmielowicz

Just last year, talent shortages and unprecedented competition in the labor market were hot topics in the recruitment space. At the time, there were more than 7 million open requisitions across the U.S. and the national unemployment rate hovered at a low 3.5 percent. But the coronavirus pandemic flipped the job market upside down, driving widespread furloughs, hiring pauses, business closures, economic uncertainty, and an unemployment rate of 11 percent. Faced with this new reality, hiring teams across industries are working to ramp up business operations once more while adapting to an ever-evolving set of challenges.

Agile, Adaptable, and Innovative

As workplace demands continue to evolve due to COVID-19, HR leaders share best practices for growing employee skills.

By Marta Chmielowicz

There is no arguing that 2020 has been a challenging year for business. From switching to remote work seemingly overnight to making ends meet in an economic downturn, organizations have had to be agile, adaptable, and innovative to stay afloat. And employees are feeling the impact: Workers across industries are being asked to adjust to rapidly changing conditions in an uncertain climate, often facing furloughs, shifting job requirements, and entirely new modes of work.