‘Long data’ to drive workforce analytics
TweetFollow Us on Twitter

‘Long data’ to drive workforce analytics

Organizations across the globe are searching for ways to capture the power of “Big Data” to unlock workforce insights. Unfortunately, many organizations get lost in the fog of big data analysis. The latest release of Mercer Analytics (www.mercer.com) addresses this challenge by leveraging the power of Long Data to unlock insights into an organization’s most valuable asset: its talent.

Long Data, a term coined by mathematician and network scientist Samuel Arbesman, is described as "data sets that have massive historical sweep." In terms of workforce analytics, Big Data provides deep analysis typically focused on a point in time, while Long Data provides insights from stories that have unfolded over time. Thoughtful analysis of Long Data therefore allows organizations to identify, segment and analyze data as part of an ongoing process to drive meaningful results, according to Mercer Analytics. It can also mitigate the risks associated with perpetually making reactive or point-in-time decisions, says the research group.

"We see human capital management, including the ability to link performance management data with historical compensation practices, as being completely redefined by the proper use of long data and the insights it can provide," says Orlando Ashford, president of Mercer’s Talent business. "At any given point, most employee performance ratings match a classic bell curve, which is not by itself very revealing. However, with the proper segmenting of employee populations and their performance over time, trends and barriers can reveal themselves quite dramatically."

He says organizations need to provide answers to strategically critical questions, such as:

Do we reward our employees who consistently receive high performance ratings through greater pay increases, promotions and career opportunities?

How can we make better decisions regarding our salary and short- and long-term incentive budget allocation based on employee performance?

Do we effectively manage our employees who consistently receive low performance ratings?

 
AAPL
$97.19
Apple Inc.
+2.47
GOOG
$595.98
Google Inc.
+1.24
MSFT
$44.87
Microsoft Corpora
+0.04
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

Together for iOS (Productivity)
Together for iOS 1.0 Device: iOS Universal Category: Productivity Price: $9.99, Version: 1.0 (iTunes) Description: Together is an app for keeping things in one place. Notes, documents, images, movies, sounds, web pages and bookmarks can all be kept in Together, tagged, previewed, collected together in different ways and found again... | Read more »
Traps n' Gemstones (Games)
Traps n' Gemstones 1.00 Device: iOS Universal Category: Games Price: $2.99, Version: 1.00 (iTunes) Description: LAUNCH SALE! 40% off, JULY ONLY!TRAPS N' GEMSTONES is an adventurous platform game, among gamers typically known as the "Metroidvania" genre, from Donut Games, the developer behind chart-toppers Traffic Rush, Sunday Lawn... | Read more »
Soccer Physics (Games)
Soccer Physics 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: One-button soccer game! So dumb it's fun."Soccer Physics is probably the funniest football game you'll play on iOS" — PocketGamerFeatures:-Two players, one screen-One-button controls-Craaazy physics-Random modes, outfits &... | Read more »
Ex-Angry Birds Developers Release Monsu...
Ex-Angry Birds Developers Release Monsu Teaser Trailer Posted by Jennifer Allen on July 23rd, 2014 [ permalink ] Finnish developer Boomlagoon has released a teaser trailer of their forthcoming side-scrolling action platformer, | Read more »
Lots of New Modes Have Been Added to Can...
Lots of New Modes Have Been Added to Canabalt Posted by Jennifer Allen on July 23rd, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Stronghold 3: The Campaigns Review
Stronghold 3: The Campaigns Review By Jennifer Allen on July 23rd, 2014 Our Rating: :: DULL STRATEGIZINGiPad Only App - Designed for the iPad A cumbersome strategy game, Stronghold 3: The Campaigns has a few too many issues to recommend it.   | Read more »
Table Tennis Touch on Sale for a Limited...
Table Tennis Touch on Sale for a Limited Time Posted by Jessica Fisher on July 23rd, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Secret Files Tunguska Review
Secret Files Tunguska Review By Jennifer Allen on July 23rd, 2014 Our Rating: :: CONSPIRACY-LITTERED ADVENTURINGUniversal App - Designed for iPhone and iPad Offering traditional adventuring with no fear of in-app purchases, Secret Files Tunguska is sure to entertain fans of the genre.   | Read more »
Celebrate Summer With a Cat in the Hat L...
Celebrate Summer With a Cat in the Hat Learning Library Sale Posted by Ellis Spice on July 22nd, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Dragon Raiders Review
Dragon Raiders Review By Nadia Oxford on July 22nd, 2014 Our Rating: :: RUN, DRAGON, RUNUniversal App - Designed for iPhone and iPad Dragon Raiders is rough and scaly in some parts, but overall it’s an enjoyable level-based running game.   | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.