The Future Organization: Visier Talent Advisor Takes the Guesswork out of Talent Decision Making
Visier introduces Visier Talent Advisor, putting real-time Big Data analytics into the hands of every HR and people manager
VANCOUVER, BC and SAN JOSE, CA — Visier, the innovation leader in Workforce Intelligence, today unveiled Visier™ Talent Advisor, a market-changing new capability that solves the challenge every manager faces in making the right decisions about their talent, providing instant access to relevant, comparative data for meaningful cohort analysis.
Visier Talent Advisor enables meaningful, real-time cohort analysis
Visier Talent Advisor, which is included in the SPRING 2015 quarterly release of Visier Workforce Analytics, provides data-driven guidance on demand, helping Human Resources (HR) calibrate and partner with people managers to answer common and often costly questions about employees, such as:
- A team member has been offered a higher paying position at another company — should I counteroffer? What should I counteroffer?
- I have a new leadership position opening — who is my best internal candidate?
- An employee has asked for a promotion — should I give one?
As outlined in this Harvard Business Review article, even good managers make poor decisions. To learn how to help managers make effective decisions using a data-driven approach, read: Counter-Offers: Know When to Hold’em or Fold’em. To understand the science behind faulty decision making, and get tips for adopting a more analytical approach to talent decisions, read the blog post: Why Experienced Managers Make Bad Talent Decisions.
“Every day — in the absence of accessible data and real-time analysis — managers make costly, time-sensitive people decisions based on gut feel,” explains Dave Weisbeck, Chief Strategy Officer, Visier. “The result is wasted spending, as well as performance, productivity, and engagement issues. With Visier Talent Advisor we are putting immediate, fact-based answers in the hands of HR and people managers.”
Why do managers make people decisions based on intuition instead of fact?
While organizations collect more employee data than ever before, this data is locked in HR management systems that were never designed for analysis. These systems were created to support business processes, such as allowing managers to approve time off, request a new position, or provide performance feedback. Yet business processes are what happens after the people decisions have already been made. Meaningful analysis of employees must be on demand, comparative, and reflect that employees develop and change over time. Meanwhile, “back office” analysis typically takes too long or is based on out-of-date data, and requires data science expertise even large companies often do not have.
Why is Visier Talent Advisor unique?
Part of Visier’s Applied Big Data solution for Workforce Analytics, Visier Talent Advisor is designed to guide any HR or people manager to the best decision, regardless of his or her data savvy or analytical acumen.
With Visier, HR can calibrate people decisions, and people managers can gain meaningful insights into specific employees via relevant, automated comparison cohort analysis. Because Visier connects all of an organization’s workforce data — from all its disparate HR systems — Visier can provide a more relevant analysis, taking into account hundreds of employee attributes, related to demographics, performance, compensation, learning and development, recognition, and more.
Visier Talent Advisor will:
- Automatically find meaningful cohorts – similar employees or groups of employees for comparison – across employee performance, roles, experience, compensation and others
- Highlight the quantified differences between an employee and others or a group
- Visualize how an employee compares to others in a group
“This is just the beginning,” says Weisbeck. “Workforce data is inherently complex and constantly changing — true Big Data. With Visier Talent Advisor we are pioneering how organizations can leverage this Big Data in a practical and consumable way that enables HR and managers to drive better business outcomes. This includes not only guiding managers to the right decision, but providing data-driven recommendations on the best course of action.”
Visier is pioneering how organizations can leverage Big Data in a practical way to drive better business outcomes
Visier’s purpose is to help people see the truth and create a better future—now.
Visier was founded to focus on what matters to business people: answering the right questions, even the ones a person might not know to ask. Questions that shape business strategy, provide the impetus for taking action, and drive better business results.
Visier delivers fast, clear people insight by using all the available people data—regardless of source. With best-practice expertise built-in, decision-makers can confidently take action. Thanks to our amazing customers, Visier is the market leader in Workforce Analytics with 5,000 customers in 75 countries around the world.
For more information, visit http://www.visier.com.