HR By the Numbers

  Innovation   Strategy   ProjectsAtWork  

The ability to recruit and retain a motivated, competitive workforce can make or break a business. And it’s difficult no matter the economic conditions. Recession? Uncertainty kills productivity. Boom times? Watch as talented workers walk for better offers. Can predictive analytics help?

There is a famous business quote most often attributed to management guru Peter Drucker. It goes like this: “Culture eats strategy for breakfast.”

In other words, it’s not your process, it’s your people.

The ability to recruit and retain a motivated and competitive workforce can make or break a business, from the smallest startup to a mega-uber-conglomerate. And it remains hard no matter the economic conditions. Recession? Uncertainty kills productivity. Booming business? Watch as talented workers walk for better offers.

But can data science help?

According to the Society for Human Resource Management, talent acquisition and retention has already moved from a “soft science” to a fully data-driven enterprise for most U.S. companies.

And Josh Bersin of HR research firm Bersin by Deloitte appears to agree data science is now squarely at center stage. “Tools to predict flight risk, assess high potential job candidates, even find toxic employee behavior — are all in the market today,” Bersin writes in this white paper, calling …

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