Aberdeen group has a report titled "Workforce Analytics-2006 Benchmark Report", below are some thoughts on the points in the same.

The topic might be of great interest to companies world over specifically IT Services companies. Need for resources / human capital is ever growing and so is the demand to maximize thier asset value. Corporations are looking at making siginificant changes/improvements in the talent acquisition & management.

In this scenario the systematic approach of using workforce analytics (WFA) is becoming important, it is felt its not enough to just take trial & error approaches for acquisition and management to reach the strategic business objectives of companies.

The study revealed that the most critical drivers for installing and broadening the reach of workforce analytics include the need to:
-- Increase the quality of workforce-related decision-making
-- Improve workforce productivity and efficiency
-- Improve overall organizational performance
-- Increase decision speed on workforce issues.

Below are some interesting facts of the same.




Source: 1

Prashanth Rai