Do organizations truly know how to invest in talent wisely? The answer is no. Five prominent talent analytics gurus — Shreya Sarkar-Barney of Human Capital Growth, Anshul Sheopori of IBM Research, Gene Pease of Vestrics, John Mattox of CEB, and Laurie Ruettimann, HR speaker, blogger, and author — now share their insights and tips about the current state of analytics. They reveal:
Most organizations spend 40% or more of their total revenues on their talent.
Only 2% of L&D organizations report that they are currently involved with analytics, but 35% are planning to increase their emphasis on building analytical capability.
Top performing businesses are five times more likely to be using analytics than low performers.