In the age of big data and AI, you are at a loss if you do not have a human resources dashboard that shows you all the wonderful insights generated daily.
While you can manage human resources with your basic instincts and years of experience, you cannot rely just on this. The world is getting very competitive out there and new challenges – like the Coronavirus pandemic – can emerge anytime.
There will be significant losses if your data sits in silos, and you are not able to access or calculate the metrics out of them.
A comprehensive dashboard works like a medicine for the worst nightmares you have in your business. Whether it is tracking employees’ KPIs or client project management, your HR can drill down to every detail if they have an HR analytics dashboard.
Your human resources dashboard can be more helpful than planning employee onboardings and KPI evaluations. For instance, your human resources teams can use it to:
- Create best practices and processes for different teams
- Identify the strengths and weaknesses
- Evaluate the ROI of budgets and other initiatives
- Generate valuable insights and optimize accordingly
Also Read: Customized HRMS Vs. Out-of-the-Box System: Best Fit for Your Firm
Discover the direct positive impact of a human resources dashboard on your firm.
Let’s look at some real benefits of having a human resources dashboard
Closing workplace skills gap
Your HR dashboard will present the individual details of all your employees at your fingertips. This information can be used to assess the skills and expertise they need. Thereafter, you can initiate the right course of training that would help the individual acquire the skill in a definite period of time.
A company’s performance is directly proportional to the skills and expertise of its workforce. Therefore, investing in it at the right time will help trigger the right direction for your organization.
Automation
Time is considered the greatest resource. Therefore, if you are working on something that can be automated, you are practically wasting valuable time that can be used elsewhere.
An intelligent, AI-based human resources dashboard automates various types of basic tasks such as:
- Meeting invitations, rescheduling, cancellations
- Holiday, birthday, anniversary greetings
- Acknowledgements
- Leave applications, approvals
- Payslip delivery
Eventually, you can automate various other complex tasks as well, depending on the nature of your business.
No more compiling data manually, seeking reports from different departments, and maintaining spreadsheets. One look at the dashboard and you will get all the details you will ever need to manage an individual, or the company as a whole.
Competitive advantage
A smart analytics dashboard pulls data from the market and gives you a complete picture of your business performance in comparison with your competitors.
The more data you feed into the dashboard, the smarter it would become. As a result, you will get more visualization, and this will lead to the overall growth of your business.
Closing Thoughts
In conclusion, there will be a positive impact of a human resources dashboard on your firm. It can help an HR team handle a dearth of tasks to free up human resources for more challenging activities.
