HR Analytics & Moneyball

HR Analytics & Moneyball

All Brad Pitt fans must have watched Moneyball at least 3 times to get over the 'genius-ness' behind the story. For people working in Human Resources particularly must watch it at least once to understand how data is used to find a mind boggling combination of recruits which may not have been productive individually.

Moneyball is based on baseball and shows how in this data driven world data of players can be used to find the productive options. In every industry managers are cautious before taking sensitive and crucial decisions. This is where HR Analytics steps in. Using metrics and dash boards Organizations analyze the problem and find possible solutions to it. Brad Pitt, as Mr. Beanie, along with the help of Mr. Peter uses data analytics to win the Baseball Championship while keeping finances in view. This shows how HR analytics is a combination of Finance, HR and Data analytics.

HR analytics help in optimizing talent acquisition and management. The same is used for training employees and finding gaps in the organization. Technology has taken over organizations and today's HR professionals must accept the use of Data Analytics to increase overall productivity.

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