Talent Shortage: Dealing With Crisis With Technology

No-one likes being reduced to statistics. But the truth is, we are made up of numbers and we generate data far faster than we do new cells. It’s impossible for humanity to avoid being mathematically modelled; instead of worrying about our own numbers, we need to distinguish between good and bad uses of our intimate information: the doctor using genetic testing to identify breast cancer risk on the one hand; on the other, the shadowy firm harvesting our social media data so they can serve us political ads. Employee analysis falls firmly into the first category. More information is on the workers of businesses - their skills, experience, productivity, areas of development, happiness - better employers can help them advance their careers while adding more value to the organization. But the overwhelming majority of businesses are failing to tap this fantastic resource, with only a third of companies using people's data to inform people's decisions. At best, this would repr...