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Strategic Management
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Corporate Management and Technology
Article
Performance Management

Understand what collaborative management is and leverage the ideas of your collaborators

Find out how to effectively implement the Collaborative Management methodology - also known as horizontal management - in your company.

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Actio 08/11/2019
Performance Management

How Can HR Use Big Data to Drive Decisions?

It's becoming increasingly common for companies to use Big Data in HR management to organize all the data produced by the organization and, in this way, simplify important tasks. It's no longer possible to rely solely on intuition, or to waste time filtering information that serves as a basis for planning or making decisions, is it? However, not all companies and their HR departments are informed or even convinced of the benefits of using Big Data in HR management. Although the concept is widely used in marketing actions, operations, among other critical items for a company's success, Big Data in HR management is still new. For similar reasons, in this article we're going to introduce you to what Big Data is and how it can help you analyze data, providing information on various management processes and indicators more quickly and assertively. To find out more about the subject, read on and learn about the main applications of this technology in the human resources area! What is Big Data? Before we understand the functionalities of Big Data in HR management, it's important to understand its concepts and definition. Big Data is the name given to a high volume of data consumed from various sources so that, by cross-referencing and analyzing it, information can emerge to help guide managers and teams. To better understand all its functions and importance, read our article on what Big Data is, what it's for and how to use it! How can HR use Big Data? Now that you've understood how data storage works, you need to know how important it is in the area of human resources. Using Big Data in HR management has become mandatory for managers who want to optimize their processes and maximize their results. Can you think of what types of data the human resources sector stores or accesses? We can point to, for example, workers' routine records, information stored in spreadsheets, surveys carried out in the internal environment, company job profiles, etc. They might just be stored for no purpose, but with this tool in HR, they are organized and become a source of relevant information, metrics and overviews of how the sector works. What are the main applications of Big Data in HR management? Talent analysis While Big Data is used in marketing to gather and analyze customer data, in talent analysis it collects and analyzes data on the company's current and potential employees. The aim, in most cases, is to optimize what the company spends on its employees in order to answer questions such as: These and many other questions are what Big Data seeks to answer, and the answers can be used to improve various processes in human resources management, as we'll see in the following topics. Talent retention Perhaps one of HR's most difficult tasks is to increase talent retention among employees. Companies with high turnover rates end up spending precious money on employees who don't stay long, wasting resources. With Big Data in HR management, human resources professionals can get a more accurate picture of the employees who are leaving the company, and whether there are any patterns among them. At the same time, it is also possible to identify patterns among the people who choose to stay with the organization, and come up with a model that values these points and avoids having anything in common with the first group. Smarter hiring processes with Big Data in HR management When the company is looking for new employees, it can cross-reference the data provided by candidates with that from job websites, as well as social media such as Facebook and LinkedIn, to find people with the desired qualifications. Quality in hiring Big Data in HR management is a crucial component in finding the right people for the right sectors within the organization. Its functionality goes beyond a simple list of criteria, since every business is different. For example: through Big Data, it is possible to find out whether or not people who have relevant work experience are more likely to stay with the company in the long term - or even whether the length of previous experience has an impact on the employee's performance in their current role. Thus, based on these results, the company can then focus on more relevant factors when hiring. The point is that the data will vary from organization to organization, and companies need to carry out their own analysis for hiring and training purposes. Performance evaluation Big Data can also help to ensure that employee performance is measured more accurately, determining, for example, at which times of the day the company produces the most. It can also be used to identify better performing employees, including by assigning other factors in the evaluation. In a components factory, for example, Big Data can be used to check who produces the most parts, but also who produces them with the highest quality, avoiding waste. In this way, the company defines what kind of attitude it wants from its employees through incentives, courses or other resources. Employee training with Big Data in HR management It's a major challenge for HR to keep all the company's employees trained and up to date on what is relevant to each area. In order to do this, it is necessary to identify with the respective managers the level of knowledge in the required skills and then apply the necessary training. With Big Data solutions in HR management, it is possible to analyze the effects of training, measure the performance of each individual and assess how the quality of knowledge has improved as a result of the training provided. HR management has a lot to gain by combining technology with day-to-day tasks, such as: more

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Actio 18/10/2019
Performance Management

Recommendations for project management: what to do to achieve better results?

Here are some tips for project management that will help you achieve better results in an agile and objective way.

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Actio 11/10/2019
the importance of strategic management in companies
Performance management

The importance of Strategic Management in companies

Find out the importance of Strategic Management in companies, and how to apply it effectively, obtaining excellent results.

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Actio 20/08/2019
advantages and disadvantages of strategic planning
Performance management

What are the advantages and disadvantages of strategic planning?

Not having strategic planning is like wanting to guide your company in the dark. In this complete guide, understand the advantages and advantages of this methodology!

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Actio 05/07/2019
competency-based management
Performance Management

Competency management: how to apply it?

Learn everything about competency management, discover its importance and improve the performance of your team’s employees!

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Actio 19/06/2019
News

Gap Analysis: Identify gaps in your business

Learn more about Gap Analysis, a good tool to help companies identify gaps in their business performance management.

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Actio 16/04/2018
Performance management

Strategic Management and Public Safety

Discover how a strategic management system can positively impact the public administration of your company

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Actio 09/04/2018
Performance Management

Do your processes work? How to measure this?

How to measure the success of organizational processes? In this article, we clarify this point and point out good indicators for this task.

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Actio 02/04/2018
Performance management

How to conduct a results review meeting?

Does your company hold results review meetings? What is the frequency? Are they functional? So read this blog

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Actio 26/03/2018
Performance management

How do we create a culture of KPI monitoring?

Defining indicators and metrics is important to collect data on the company's performance at different levels. Learn how to create a culture of monitoring KPIs with your team.

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Actio 05/03/2018
News

Small companies sell more to the Government in 2011

Sales made by small and medium-sized companies to the federal government grew 16% between January and December.

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Actio 07/08/2013
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