Calculating Success: How the New Workplace Analytics Will Revitalise Your Organization

This title helps us in using analytics to make more effective talent management decisions. Most managers understand that employees can make or break a company's strategy. You can have the best ideas and the most promising plan, but if you don't have the right people to carry it out, that plan will fail. Still, despite having this critical knowledge, most companies don't have a data-driven approach to the decisions they make about talent. In fact, a recent IBM study that interviewed over 400 senior HR executives showed that only 6 per cent of companies believe they can effectively use human capital data to make strategic workforce decisions. Enter "Calculating Success", the forthcoming book by human capital experts Carl Hoffmann, Eric Lesser, and Tim Ringo. Based on decades of experience creating human capital systems at IBM, the authors show how using analytics can dramatically improve a company's ability to make better and faster talent decisions. By organizing the book around four crucial questions managers must ask, the book provides a framework to help executives rethink how they use information on talent. The result? A path to using analytics to make more effective talent management decisions. In addition, the authors' ideas help to link HR with all levels of the organization in a strategic way, by showing readers how to connect their version of analytics to the strategic mission of the larger organization, so that the analytics flows throughout the enterprise. With detailed examples and studies from IBM's Institute for Business Value and Human Capital Management practice, this book will make you rethink the relationship of talent to business success. The results allow for a more stable and cost-effective workforce, an improved ability to motivate employees, and a more systematic approach to developing critical talent.

Dr. Carl Hoffmann is head of Human Capital Management and Performance LLC, a consulting firm focused on improving the management of human capital through the use of reporting and analytics. He recently retired from IBM Global Business Services. Eric Lesser is an associate partner with IBM's Institute for Business Value, where he leads IBM Global Business Services' research and thought leadership. Lesser speaks frequently on a range of human capital topics and recently edited (with Laurence Prusak) Creating Value with Knowledge: Insights from the IBM Institute for Business Value (Oxford University Press). Tim Ringo is the global leader of IBM's Human Capital Management (HCM) consulting practice, and is based in London. He is responsible for more than 2,000 HCM professionals around the world whose focus is helping clients enable enterprise innovation and performance through improved workforce effectiveness.

Advance Praise for "Calculating Success" "Hiring and managing people based on science is the new way to be successful. This is the clearest and most comprehensive book on workforce analytics. Read it, act on it, and optimize your most important resource."--Thomas H. Davenport, President's Distinguished Professor, Babson College; coauthor of "Competing on Analytics" and "Analytics at Work" "The insights and practical approach espoused in this book make it a great tool for those wishing to revitalize organizations." --Richard Taylor, Director and Vice President, HR, Intel Corporation "