Big Data Lessons for Navigating the Skills Gap and Building a Competitive Workforce
Matt Ferguson, Lorin Hitt, Prasanna Tambe
Publisher: McGraw-Hill Professional
The Talent Equation examines the relationship between personnel and big data. In particular utilising data to recruit, train and retain employees.
Companies using big data to analysis consumers has been occurring for years, and large companies particularly are good at collecting and analysising this data. This book looks at how to apply this same concept to human resources.
The Talent Equation encourages companies to focus data analysis to enable them to find, train and retain the right people, in spite of potential skills shortages, resources limitations, and other recruitment challenges.
There will be two readers of this book. Firstly the Human Resources Managers of companies, wanting to improve their recruitment and personnel departments, as well as reducing costs from frequent hiring processes. They will learn how to analysis the data provided from job seekers, and the available data in the marketplace, as well as develop big data records with analysis for existing employees.
The second to benefit of this book will be job seekers, who will gain insight in how organisations are recruiting and using data.
The book is full of data, reports and examples, and will take a HR department a while to break down into manageable action plans. Once done though it will place them ahead of their competitors.
Heath Henwood consults and speaks on Leadership, Strategic Planning and Management techniques. He has a Masters in Leadership, and is a Doctorial Candidate focusing on Leadership Development Strategies. He has extensive experience in private business and serves on several boards.