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Data-Based Decision Making Linked to Higher Revenue

talent statisticsMore evidence of the power of big data: a recent study found that, among large companies, firms that adopt data-driven decision making are 5 to 6 percent more productive than those who don’t.

The finding comes from a new study published in The Talent Equation that focuses on big data’s potential to transform the way companies think about recruitment and workforce planning.

The good news is that more and more companies are finally starting to see the value of big data as a business differentiator; however, a recent CareerBuilder study reveals that the vast majority of employers are struggling to recruit the talent they need to carry out big data initiatives.

The irony is here is that big data is the very element that can help companies recruit smarter and find the in-demand talent they need. With help from CareerBuilder’s Supply & Demand Portal, for example, companies can see where the supply of candidates they need is highest – and where it is lowest – helping them properly allocate their recruiting resources.

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Mary Lorenz

About Mary Lorenz

Mary is a copywriter for CareerBuilder, specializing in B2B marketing and corporate recruiting best practices and social media. In addition to creating copy for corporate advertising and marketing campaigns, she researches and writes about employee attraction, engagement and retention. Whenever possible, she makes references to pop culture. Sometimes, those references are even relevant. A New Orleans native, Mary now lives in Chicago, right down the street from the best sushi place in the city. It's awesome.


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