Download - Metrics vs. analytics
Talent Analytics
METRICS vs. ANALYTICS
Advancing from HR Metrics to Talent Analytics
Metrics vs. Analytics
“You really can’t have actionable analytics without well-designed
metrics”
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.
The Evolution of Talent Measurement
Talent Programs
Talent Management
Talent Analytics
TALENT INTELLIGENCE
STRATEG IC BUS INESS VALUE
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
Metrics vs. Analytics
Metrics
Analytics
Insights
Better Informed Decisions
Optimized Outcomes