Gardner, N., McGranahan, D. & Wolf, W . (2011). Question for your HR chief: Are we using our ‘people data’ to create value? McKinsey Quarterly. Retrieved from https://www.mckinseyquarterly.com/Organization/Talent/Question_for_your_HR_chief_Are_we_using_our_people_data_to_create_value_2772.
This article focuses on utilizing human resources information in order to get the most value from employees. Due to advances in enterprise resource management planning and HR information management systems it is now easy for executives to capitalize on HR data in order to get the most from human capital. The article advocates engaging in the following steps in order to maximize the impact of HR data:
- Focus HR on business priorities;
- Start with what you have;
- Go beyond traditional HR solutions;
- Make it stick.
While all businesses can benefit from making use of HR data, industries that are focused on value creation (i.e. health care settings) stand to gain the most value from these initiatives.