NEW YORK, NY, May 04, 2012 (Press-News.org) Oscar-nominated film Moneyball has inspired a data revolution of sorts within the field of human resources. Like Brad Pitt's character in the movie, numerous HR professionals are embracing the value of data and dedicating a great deal of time to analysis in an effort to determine the best HR moves for their organizations. Trummell Valdera, an HR expert who has led many a company to success in its HR operations, has adopted a similar approach. In fact, Trummell Valdera is urging other HR professionals to consider the immense value that such data can provide.
In Moneyball, Pitt's character builds an underfunded baseball team by recruiting talent that has high on base percentage. A largely ignored statistic, Pitt's character took advantage of this data to create a successful team that, ultimately, made it to the playoffs.
According to Joseph Walker, author of "Moneyball and the HR Department," HR professionals are adopting this same approach. In his article, Walker cites the success of the movie as a catalyst for this change in approach; however, he also asserts that taking a more scientifically-based approach to HR decisions is the ultimate goal. Instead of subjectively determining who gets a raise, who gets promoted, and who is let go, Walker notes that HR managers are using objective data to make such decisions. Ultimately, this data analysis is expected to improve the efficiency and overall success of companies that use it.
Walker cites Capital One as a prime example of the success that a Moneyball-style approach can induce. The organization creates automated data reports on several different levels, such as employee attrition, promotions, and head count. Today, the company is analyzing the factors that make certain employees successful. Walker quotes Mark Williams, the Statistical Analysis Manager for Workforce Analytics, as citing where Capital One's most successful employees went to school and what they studied as being two of the important data fields the company is considering.
Trummell Valdera has adopted a similar approach in her work, using analytics in quantifying HR's value including incorporating it in organization's scorecard, if not creating it for HR to benefit her employer. "I am looking forward to seeing more C Suite Executives demanding more use of HR data in its value stream to its customers and shareholders commented Trummell Valdera. "The future holds some exciting new developments for the field!"
ABOUT:
Trummell Valdera is a human resources expert who has built a successful career and high level of expertise in her field. Through her experience and dedication, she has led several organizations to achieve success in their human resources efforts. Through improving efficiency, enhancing human resources operations, and understanding how to place key professionals in the right positions, she has assisted in the boosting of productivity of many organizations. As a result, she has elevated the role of HR managers to that of important business partners.
Website: http://www.trummellvaldera.com
Trummell Valdera Looks to Moneyball for HR Analysis
Statistical analysis has become a more integral component of daily HR operations--a la Moneyball. Trummell Valdera, an HR expert, urges HR managers to utilize this approach.
2012-05-04
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[Press-News.org] Trummell Valdera Looks to Moneyball for HR AnalysisStatistical analysis has become a more integral component of daily HR operations--a la Moneyball. Trummell Valdera, an HR expert, urges HR managers to utilize this approach.