IBM today announced a new software-as-service (SaaS) that allows Chief Human Resources Officers (CHROs) and C-Suite executives to gain actionable insights into the data shared by their staff.
With the cloud-based IBM Kenexa Talent Suite, organisations can streamline and add precision to hiring practices, increase workforce productivity
and connect employees in ways that impact business results.
The software allows HR resources to sift through large volumes of employee data – such as
work experience, social engagement, skills development and individual interests
– to identify the qualities that make top performers successful. They can then use the findings to locate individuals on social recruiting sites whose skills match these qualities.
“We know people are the lifeblood
of an organisation, and business success on today’s stage requires not
just talent but social capabilities that can energise, empower and nurture
each team member so they can reach their full potential,” said Craig Hayman,
General Manager, Industry Cloud Solutions, IBM. “By combining social,
behavioural science and analytics in the cloud, we give businesses a clear
path to empower their most valued asset – employees.”
According to an upcoming IBM
C-Suite study that surveyed 342 CHROs representing 18 industries, many
businesses are not taking full advantage of the insights delivered by workforce
big data and analytics. The study found that just over half of organisations
are using workforce analytics, with far fewer applying predictive analytics
to optimise decision making and outcomes in areas such as sourcing and
recruiting (7%), employee engagement and commitment (9%),
talent development (10%) and retention (13%).
The CHRO study also found that
human resources executives are in the early stages of applying social approaches
within the organisation. Currently, 66% are regularly using social
for their recruiting efforts, but only 31% are using it for knowledge
sharing and 41% for learning.
AMC Entertainment, which is majority-owned by China's Dalian Wanda group, uses recruitment technologies
from IBM to gain a deep understanding through data analytics of what it
takes to succeed at the organisation. AMC then uses that knowledge to attract
candidates who are more likely to succeed once they're hired.
“Harnessing the power of data
gives us a better picture of what top talent looks like in our industry.
IBM’s talent management solutions allow us to use data in new ways so
we can make better informed decisions that have a greater impact on our
business,” said Heather Jacox, Director, Diversity, Recruitment &
Development at AMC.
The IBM Kenexa Talent Suite
includes the following:
· Talent acquisition: Includes recruitment, skill and behavioural science-based assessments
and onboarding. These functions provide a deep
understanding of what the best talent looks like and then how to attract,
hire and engage them.
· Talent optimisation: Includes performance management, succession planning and
compensation planning to empower and get the most out of employees.
· Social networking: Increases productivity with expertise identification
and knowledge discovery – connecting employees and accelerating the time