The Infohrm Group, the global leader in workforce planning, reporting, and analytics, today announced the results of their 2007 survey entitled "The New Frontier of Human Capital Measurement" (http://www.infohrm.com/services/).
2. Fewer than 25 percent of organizations have made the leap from measurement efficiency to measurement effectiveness, defined as making extensive use of workforce data in business
decision-making.
3. While process-based metrics are common, human capital impact measures are less widely-used.
Vision of the Future:
4. Leaders strongly agree that HR measurement will increase in importance over the next 5 years.
5. The greatest opportunities for measurement ROI are in 3 areas: Workforce Planning, Employee Engagement & Satisfaction, and Training & Development.
6. An effective assessment of individual and organizational measurement capabilities is critical for developing a metrics strategy and change management plan.
According to Infohrm's CEO, Peter Howes, "The survey results confirm our assumptions about the growing importance of effective human capital measurement, especially in such strategic
activities as workforce planning and analytics. In order to keep up with the demand for workforce data and insights, organizations will need to invest in measurement systems that enhance
managers' access to data and in developing the analytics and business partner skills (www.infohrm.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: