Big data is increasingly making the list as a key trend. While it’s a hot topic, most companies have not been successful leveraging data for predictive analysis.

A recent APQC survey on HR trends found that many organizations are not making HR big data a top priority in 2014. Yet, research from consulting company ScottMadden suggests that ignoring HR big data may be a big HR mistake.

In fact, according to ScottMadden, most organizations are still focused on siloed, historic data and on examining trends—as opposed to focusing on forward-looking analytics. However, especially for corporate and shared services functions, analytics will be a key differentiator and important contributor to an organization’s strategy. 

APQC and ScottMadden held a webinar on Thursday March 6, 2014. A recording of the webinar and a copy of the slide deck can be downloaded for free.

 Gaining Insight from Predictive Analysis (slides)
 Gaining Insight from Predictive Analysis (recording)

The webinar covered the following topics:

   --What analytics is
   --Key drivers of analytics
   --Trends in deploying analytics
   --Stages of analytics maturity
   --Key factors for establishing or improving an analytics function
   --Barriers to success

Other resources from APQC:

 Recruiting Metrics and Trends: September 2013 Human Capital Management Webinar
 Key HR Benchmarks at a Glance
 How Many HR Employees Do We Need?