Human resource management (HRM) is one of the most important departments within a business. This is due to the fact that happy and productive employees ensure the success of a company. Employees and the skills they offer are what make or break a company.
In this article, we will answer the question; “what is Intelligence in HRM”? We will also take a look at how Active Intelligence can be applied to human resource management.
Active Intelligence for HR
Active Intelligence gathers and displays real-time information to provide companies with an up-to-date picture of what is happening within an industry as well as within a company. When Active Intelligence is used for HR purposes it allows a company to act before an employee becomes unhappy or drops in their performance. Thus, one is able to monitor and support employees while keeping the company healthy.
The Benefits of Employing Active Intelligence for HR
There are many benefits to making use of Active Intelligence within HR departments. One of the key features is that one will gather more employee and company data while saving time and effort. Other benefits include:
- Workforce Reporting: Make use of automated workforce reporting and ensure that stakeholders are able to view what is going on with your workforce, where improvements can be made, and whether more resources are required. This automation will also save time and decrease the burden placed on management.
- Employee Retention: By making use of Active Intelligence, you should be able to increase your employee retention and satisfaction rate. We all know it is more cost effective and efficient to retain employees that grow and build skills to be used in your company than it is to have a revolving door of juniors. Predictive insights will be able to assist HR in increasing employee retention.
- Skill and Talent Requirements: Ensure that you always know whether your talent requirements have been fulfilled in all areas of business and that you are correctly staffed. Predictive analytics will also be able to inform you when upskilling of employees is required and make it possible for learning program optimisation to take place.
- Monitor Performance: When monitoring employee performance it is important to create a complete picture by making use of as many data points as possible. This includes but is not limited to data gathered from performance management systems, learning management systems, and more.
To find out more about how Active Intelligence could be applied in your company, contact B2IT.