Introduction:

In a dispersed hybrid working world, recognizing and supporting exceptional performance is critical to creating the employee experience you need to thrive.

Data driven talent management refers to a development strategy whereby succession, rewards and development opportunities are influenced by the objective performance of your employees.

Using objective data is not only time efficient, it minimizes bias and improves your awareness of skills distribution across your organization, supporting your business agility across times of change.

In this article, you will learn:

• How you can use data analytics to build skills at scale
• How to retain your high potential talent
• What you can do to recognize and reward skills acquisition

Building Skills at Scale

Aligning your business transformation goals with the development of your employees starts with identifying and understanding how the personalities, motivations and competencies of your people match with your evolving business needs.

At 10x Psychology, we’ve simplified this entire process in our development of 10x Optimize.

10x Optimize combines the power of industry-leading psychometrics, our interactive visual dashboard and inbuilt coaching mechanisms in one digital-first tool.

Equipped with our intuitive visual dashboard, your leaders can quickly assess and understand exactly how teams, and individuals are performing, and how best to support their employee journey based on their personality and performance drivers.

Meanwhile, your employees will benefit from comprehensive insights on their own personality, motivations and competencies and receive automated tailored coaching nudges to repair any skill gaps – helping you quickly upskill your workforce at any scale.

Supporting High-Potential Talent

Making the high-potential talent can help establish the competitive advantage your business needs to thrive through times of change.

However, encouraging top talent to stay, is often more complex than you might expect. Successfully empowering high-potential workers in your organization will take an acute understanding of what specifically drives their performance, and how their skills can be best used in the context of your current business goals.

10x Predict offers your leaders the opportunity to start this process from the very outset of the candidate journey – using data from your own organization, 10x Predict harnesses the power of AI to accurately predict the employee trajectory of your candidates – helping you to identify and support high potential employees from the beginning of their employment.

Rewarding Skills Acquisition

A data-driven approach to talent management can provide an accurate, and representative framework for enabling succession and creating rewards-initiatives to improve motivation, and performance.

Over the last year, 52% of workers experienced burnout (Indeed, 2021). As you initiate your hybrid working model, it’s important to prioritize opportunities and incentives that truly enhance wellbeing and support development.

At 10x Psychology we can help you across this process by both equipping you with information on the motivational drivers of your employees, and providing you with expert psychologist-led advice to help you shape representative and impactful employee experiences and development opportunities within your business.

By supporting your leaders to objectively and efficiently recognize skills acquisition, our Solutions can support a diverse and agile workforce, where talent is rewarded with succession and development is ingrained as part of your culture.

Book a demo now and find out what 10x can do for you.