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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Analytics- The Tool Beyond Big Data

The evolution and advancement of modern technology has led to a remarkable development of how business is done. With this rapid progress, the complexities in terms of how these technologies are used, has increased largely. Often the names and terms are clubbed together, and it becomes difficult for non-technical business leaders to understand and identify the independent usage of these technologies. "Big data analytics", "marketing analytics", "social media analytics", "audio stream analytics", etc. are some of them. It seems that analytics are often clubbed with other words, many of which are associated with storage and inflow of large volumes of data. If the volume of the sample is adequate enough to give a statistically valid output, then analytics can be executed without resorting to big data .To know more read: http://www.mytechlogy.com/IT-blogs/7973/does-analytics-need-big-data/#.VXE5WM-qqko

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Five Strategic Ideas For Better Management Of Human Capital

In modern times, business leaders learned from the industry influencers the skill of how the organizations are hiring a modern HR to transform their enterprises.

The ideas below discuss how today's managers are including emerging technologies to employ the best talent, thereby keeping their workforce active and efficient

1. HR still faces the same challenges as before: recruitment of best talent, onboard recruitment and development of employees. However modern technologies solve these age-old HR challenges.

2. The next best thing is how modern HR adds value.                                                                                                                                               

 3. HR should view the data through the lens of a scientist.

4. Better segmentation of the population and understanding the behavior of each group.        

5. Empowering people to come up with ideas  that work for them as leaders in their lives.

Read more at :   https://blogs.oracle.com/OracleHCM/entry/five_ideas_human_capital_management                                                                                                                                                                                                                                                                                                                                                                                                            

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