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What's the Big Deal with Big Data for MOSHRM

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ABOUT ME

Jessica Miller-Merrell@jmillermerrell

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WHAT IS BIG DATA?

•  Analyzing of human capital information and numbers with the goal of finding patterns to support and make better business decisions

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BIG DATA ALLOWS YOU TO

•  Establish patterns•  Predict the unpredictable•  Decrease uncertainty

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BASIC TERMINOLOGY

•  Predictive Analytics•  Forecasting •  Pattern Analysis•  Workforce Analytics

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POLL QUESTION: WHAT TYPE OF BIG DATA IS MOST IMPORTANT TO ME?

•  Candidates in your ATS •  External candidate sources•  Tweets & social media from job seekers•  Sales Results & Projections•  Succession planning

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WHAT IS BIG DATA?

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BIG DATA SOURCES CAN BE •  Internal

– Employee scheduling & forecasting–  Promotions and improving work productivity – Existing ATS or talent communities –  Internal social networks

•  External – Job seeker patterns– Competitor activity – Social media

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THE THREE V’S OF BIG DATA

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STEP 1: ESTABLISH GOALS & PRIORITIES

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STEP 2: COLLECT THE DATA

•  Multiple data points with thousands of data

•  Collect public data •  Data from competitors

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STEP 3: ANALYZE THE DATA

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STEP 3: ANALYZE THE DATA

•  Consider bringing in an expert•  Locate patterns •  Use charts, graphs, & heat maps

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STEP 4: DRIVE CHANGE FROM DATA

•  Let the data guide you•  Update process or standard procedure •  Measure success/failure •  Constantly re-evaluate

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POLL QUESTION: WHERE ARE YOU IN YOUR BIG DATA STRATEGY ?

•  Step 1: Goal Setting•  Step 2: Collecting Data•  Step 3: Analyzing Data•  Step 4: Driving Change•  None of the above

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WHERE TO BEGIN

•  Look for existing databases like candidate data

•  Have faith in the data•  Establish top 3 priorities

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QUESTIONS?

Jessica  Miller-­‐Merrell  @jmillermerrell!!(405) 293-2564!

sources Aberdeen’s Workforce Analytics in Retailb4j.co/bigdataretail!

Meet the New Boss: Big Data!b4j.co/bossdata!

The Analytics Advantage b4j.co/deloittebigdata!!

Big Data HR Blog Collection!b4j.co/So-Me-use!

SPEAKER

LinkedIn: b4j.co/jmillermerrell!

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