Tuesday, February 10, 2015
Monday, February 2, 2015
From Josh Berson at Forbes.com
The old fashioned fuddy-duddy HR department is changing. The Geeks have arrived.
Today, for the first time in the fifteen years I’ve been an analyst, human resources departments are getting serious about analytics. And I mean serious.
I was in a meeting several weeks ago in San Francisco and we had eight PhD statisticians, engineers, and computer scientists together, all working on people analytics for their companies. These are serious mathematicians and data scientists trying to apply data science to the people side of their businesses.
This last week I had another similar meeting and we had three of the world’s leading insurance companies, two large retailers, three health care companies, and two manufacturing companies with serious mathematicians and scientists assigned to HR.
What’s going on?
As I recently wrote about in the article “How People Management is Replacing Talent Management?” there is a major shift taking place in the market for people analytics. After years of talking about the opportunity to apply data to people decisions, companies are now stepping up and making the investment. And more exciting than that, the serious math and data people are flocking to HR.