When it comes to talent management, there’s a four-letter word on the lips of human capital professionals everywhere—data. Consider this research from the Institute for Corporate Productivity (i4cp): When some of the world’s top companies were asked what their biggest workforce planning challenges are, data-related challenges were the top two listed.
Workforce Planning Challenges for High-Performance Organizations
|1. Technologies that do not share data effectively||46%|
|2. Unreliable data||35%|
|6. Lack of data||32%|
Source: 2012 Strategic Workforce Planning Survey. Institute for Corporate Productivity (i4cp).
Yet reliable and comprehensive data is crucial to effective talent management. While talent management ...