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Best Practices in Workforce Analytics

Best Practices in Workforce Analytics | Human Resource Executive Online Ventana Research shares some workforce-analytics benchmarking research and best practices.

Thursday, October 2, 2008
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Most large organizations are not deriving full value from their human capital because of an inability to understand and optimize workforce performance, according to workforce analytics benchmark research by Ventana Research, which is seeing a surge of interest in that area.

Ventana's executive summary of its research, "Workforce Analytics and Business Intelligence: Understanding and Improving Workforce Performance," was designed to investigate the practices and needs of organizations seeking to improve workforce performance via analytics and business intelligence.

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In addition, the organization's white paper, "Best Practices in Workforce Analytics: Applying Benchmarking to Mature Your Organization," offers some "benchmarking questions" that help organizations move forward with workforce analytics projects by identifying aspects involving leadership, processes and resources available for such efforts.

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