7 Ways how companies can benefit from people and performance analytics
According to Deloitte, 2017 witnessed over 57% jump in people analytics capabilities adopted by companies. It also predicts, this trend will be exploding unabatedly and helps to create entirely data-driven people management solutions for large enterprises.
When Alan Turing tinkered with his giant room-sized machine, the primary purpose was fast computation. Later with the phenomenal increase in storage capabilities, every business started using it primarily for storage and retrieval. Analytics is the natural extension of using those Zettabytes of Big Data for business growth.
Here are the 7 ways enterprises and aspiring level 4 companies can benefit from People & Performance analytics
- Builds Foresights
- Reduce Mistakes
- Develop Preemptive Measures
- Deliver Personalized Experiences
- Use HR Data Intelligence to Grow Your Business
- Achieve Data-Driven Decision Making
- Get 360-Degree Views of Your Employees
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