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Metrics vs. analytics

Date post: 15-Jan-2017
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Talent Analytics METRICS vs. ANALYTICS Advancing from HR Metrics to Talent Analytics
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Page 1: Metrics vs. analytics

Talent Analytics

METRICS vs. ANALYTICS

Advancing from HR Metrics to Talent Analytics

Page 2: Metrics vs. analytics

Metrics vs. Analytics

“You really can’t have actionable analytics without well-designed

metrics”

Page 3: Metrics vs. analytics

Metrics vs. Analytics

ANALYTICS

Decision Science

BUSINESS

data

statisticspredictionMEASURE

report

Benchmark

correlation

Talent metrics can also be known as workforce analytics and measure tangible data such as headcount, attrition, and compensation.

Talent analytics provide strategic talent insight and are designed to measure intangibles in a future-focused manner to predict possible outcomes. Analytics align metrics to business strategy and illustrate correlations and trends within multiple (and often complex) data sets.

Page 4: Metrics vs. analytics

The Evolution of Talent Measurement

Talent Programs

Talent Management

Talent Analytics

TALENT INTELLIGENCE

STRATEG IC BUS INESS VALUE

Metrics vs. Analytics

Page 5: Metrics vs. analytics

Metrics vs. Analytics

Metrics AnalyticsTransactional Reporting Strategic AnalysisProvides a standard &

tangible system of measurement

Provides a systematic analysis of data or statistics to gain

insightMeasures single data

points Connects multiple data points

Provides quantitative counts and information

Provides systematic computational analysis of

data or statisticsGuides tactics and

operationsDrives strategy and alignment

States the past and present

States the past, present and predicts the future

Provides outputs of counts and rates

Provides outputs of patterns and trends

Informational Transformative

Page 6: Metrics vs. analytics

Metrics vs. Analytics

Metrics

Analytics

Insights

Better Informed Decisions

Optimized Outcomes


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