Big data can be a great HR tool

As CEOs across the globe grapple with issues from talent acquisition and retention to the need for greater employee productivity, a study by KPMG shows that HR has a massive opportunity to drive significant business value. They can do this efficiently by using big data & technology. The global survey reached out to 375 executives, with C-suite executives comprising more than half of them. “A lot of cos in India are showing greater interest in evidence-based HR (data-driven HR) and putting the nuts and bolts in place to have a lot more information which is critical from a talent standpoint,” says Nishchae Suri, partner and head of people and change advisory at KPMG in India. There is a greater interest in the use of data and analysis in HR function on the part of companies in the IT and BFSI space, he adds.