Particularly with an aging population, businesses must prepare for a smooth transition when changes in leadership occur. An effective business succession plan can provide security for the company, and generate increased owner, employee and customer-confidence.
By leveraging the knowledge people analytics derives from big data, more accurate organisational forecasts can be developed and used for future planning.
With big data, people analytics can expose human resource pain points, and provide solutions that drive sustainable success for businesses. By fully optimising people analytics as a strategic resource, HR teams can tame big data, and harness its power to inform their talent strategy.
Karen Evans is Managing Director, APAC, Acendre
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