The Talent Equation

The Talent Equation

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Ferguson, Matt | Hitt, Lorin | Tambe, Prasanna McGraw-Hill Education, 2014 Audio summary available
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IN THIS SUMMARY

A massive amount of data is routinely collected and stored by human resources departments, but rarely used to help companies find, train, and retain the right employees. In The Talent Equation, the CEO of CareerBuilder, Matt Ferguson, and two information sciences scholars, Lorin Hitt and Prasanna Tambe, explain how and why HR professionals can benefit from big data analytics. In particular, they make data-based recommendations for closing the skills gap, measuring the value of higher education, gauging the impact of tenure on performance, and improving key recruitment and retention strategies. Overall, the authors propose ways to make the HR function more empirical and consultative in the future.