Analyze This: How to Get the Most Out of New Talent
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Transcript of Analyze This: How to Get the Most Out of New Talent
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IBM Smarter Workforce
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Debbie Landers General Manager, IBM Smarter Workforce
Obed Louissaint Vice President, Human Resources – IBM Watson
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We live in a moment of enormous possibility and transformation
Data Cloud Engagement
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Our world is changing
Power to consumers
Networked workforce
Independent worker
Speed for agile workforce
Transparent value chain
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Empowered employees have new expectations. Engaging them drives the business.
People have unlimited access to information
and can instantly share with wide
audience
Employees want to choose where to work, how to work and when
to work
Workers are driven by a desire for personal
fulfilment and success
People expect access to experts and
communities, and be recognized for their
contributions
more CEOs are opening up their organizations to empower individuals and extend collaboration in 2013 vs 20121 27%
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HOW DOES HR SUCCEED?
Finding people, engaging talent, improving time-to-value, recognising top performers, using analytics…
50% increase in employee
retention
35% faster access to
knowledge
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We call the path forward
Smarter Workforce
A Smarter Workforce brings together talent, culture and work to ensure a best-fit and engaged workforce
to develop deeper client relationships and to drive measurable business outcomes
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What Makes a Workforce Smarter?
Rooted in behavioral
science
Enabled by social and
mobile
Turns big data into big insights
Uses an exceptional
digital experience
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Now is the time for analytics as an HR imperative
Only 4%
of companies
have achieved
the capability to
perform predictive
analytics
More than
60% of companies are
investing in Big Data
and analytics tools
Only 14% have done any
significant ‘statistical
analysis’ of employee
data
at all
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Delivering analytics in Smarter Workforce offerings
Operational Cognitive Predictive
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IBM Watson: Cognitive HR
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For more than a century
IBM has helped clients
address their greatest
challenges
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There are three main priorities that our partners face in
human resources.
Attract and Engage
Lead and Develop
Transform and Reinvent
14
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What is Watson?
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Attract and Engage
Identify the best performing teams
Discover and model the optimal team
Discover the best individuals
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Lead and Develop
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Transform and Reinvent
Consistent information where, when, and how they want it.
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UNDERSTANDING
CONNECTING
DEVELOPING
GROWING
Smarter Workforce
How can you help transform your organization?
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BEHAVIORAL SCIENCES
SOCIAL AND MOBILE COLLABORATION
EXCEPTIONAL DIGITAL WORKPLACE EXPERIENCE
ANALYTICAL INSIGHTS
Smarter Workforce
IBM Smarter Workforce
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© 2014 IBM Corporation
Questions?
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© 2014 IBM Corporation
Backup Slides
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40% INCREASE IN
FREQUENCY OF MEETING FINANCIAL
TARGETS
5% INCREASE IN
CUSTOMER LOYALTY
60% REDUCTION
IN REWORK
3x REDUCTION IN
ACCIDENTS
Engaged employees drive measurable business impact
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BETTER PERFORMANCE
AND FASTER GROWTH
BETTER BUSINESS RESULTS
8% LOWER
TURNOVER RATE
Linking financial and creative results
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REDUCED RECRUITING
COSTS
97.5% 1-YEAR RETENTION
RATES
67.5% 5-YEAR RETENTION
RATES
Improved recruiting process leads to significant savings