Metrics and Analytics may be the most critical function of human capital management. Without the appropriate measures of talent or talent management programs, an organization simply can’t accurately identify, with any level of certainty, the people or programs that enable the organization to achieve its business goals and those that restrict it.
To develop useful talent metrics metrics you must clearly Define Your Organization’s Goals. Then, you must Analyze and Understand the Relationship Between Individual Performance Measures and Business Outcomes. Finally, you must Define Acceptable Performance Levels and determine what Corrective Actions can be taken when performance does not meet expectations.
If you would like assistance with analyzing or developing metrics, please contact us.