Fifty-one percent of respondents to KPMG's 2017 Human Resources Transformation Survey are challenged by weak data and analytics capabilities in existing HR IT systems.
The convergence of technology, data and analytics is providing HR an unprecedented opportunity to move from its traditional instinctive, intuitive function to a data-driven, fact-based decision-making function.
The KPMG 2017 HR Transformation Survey indicated organizations are looking to HR systems for better access to data and analytics capabilities offering business insights and improved decision-making. Fifty-one percent cited weak data and analytics capabilities in existing HR IT systems as the biggest challenge their organization faces in adopting, deploying and exploiting predictive analytics focused on both HR and business outcomes. These respondents recognize the use of data and analytics helps improve return on workforce investments by supporting decision-making.
According to survey respondents, ninety percent of “failed” HR initiatives did not identify measures for success and manage their program against those metrics.