People analytics is at the center of Human Resources (HR) strategy. Companies rely heavily on data and analytics to find and retain talent, drive engagement, and improve productivity. However, analytics are only as good as the quality of the data, which aims to be error-free, trustworthy, and transparent.

According to a Gartner report, poor data quality costs organizations an average of USD $12.9 million each year. Poor data quality compounds the complexity of data ecosystems which can lead to inaccurate results and poor business decisions.

To address these challenges, IBM Human Resources and the IBM Data Office partnered in the development of Workforce 360 (Wf360), IBM’s platform for people data.

Wf360 delivers one integrated HR profile spanning career, skills, performance, learning, and compensation, incorporating both daily snapshots and historical data. Built on IBM’s Cognitive Enterprise Data Platform (CEDP), Wf360 compiles data from more than 30 sources and now delivers monthly insights to HR leaders 23 days earlier than before. Flexible application programming interface (APIs) enable technical teams and data scientists to deploy AI solutions at scale and cost, resulting in a seven-fold faster time-to-delivery.

Wf360 offers a wealth of data and AI-powered HR experiences on one platform, which is compliant to local privacy regulations, eliminating the need for dedicated infrastructures. For instance, the Job Recommendation assist 180,000 IBM employees in identifying internal career opportunities; the Compensation Advisor offers recommendations to managers for annual Employee Salary Program increases (note: managers make all final salary decisions); and the Performance to Skill indicator measures the scarcity of skills in the market.

Despite this solution’s ability to effectively compile data and deliver insights to HR and IBM business units, improving data quality and reducing manual checks of the data – which can be labor-intensive and error-prone – remained a challenge.

To address this problem, IBM HR and the IBM Data Governance team built a solution that automates business data quality rules while enhancing trust on the platform, using IBM Knowledge Catalog, which operates within Cloud Pak® for Data.

What is data quality?

Data quality measures how well a dataset meets criteria for accuracy, completeness, validity, consistency, uniqueness, timeliness, and fitness for purpose. Data quality is critical for data governance. Data quality standards make sure that organizations are making informed data-driven decisions to meet their business goals.

High data quality gives organizations confidence that they can accurately interpret the data and derive meaningful insights that improve overall business performance. This helps drive efficiency and creates intelligent workflows that free up staff to dedicate their time to high-value tasks.

Data quality and people analytics

When it comes to data quality, IBM needed a more proactive way to monitor business integrity of the data. Take this example:there is a 1% spike in total headcount of a Business Unit. While this change might be justifiable from a business standpoint—such as IBM just acquired a new company which led to an increased number of headcount or mission moves—the HR team member analyzing the data still needs an approach to proactively identify such anomalies to properly communicate to senior leadership.

With its automation capabilities, IBM Knowledge Catalog enforces business data quality rules and identifies anomalies. This enables the HR team member to derive trusted talent insights that accurately tell the story behind what has occurred in the company.

With the help of IBM Knowledge Catalog, IBM HR has established dozens of data quality rules using a simple interface that allows them to consistently monitor for errors.  Data quality rules are run weekly against all of IBM’s 250,000-plus employee population that spans across more than 170 countries.

By leveraging these capabilities, IBM HR can provide leaders with trusted insights and proactively detect and resolve data anomalies before they impact clients. This empowers managerial decision-making and successful implementation of data-driven strategies. In contrast to the previous weeks-long timeline, HR teams can now accomplish these tasks within minutes, instead of weeks, significantly enhancing operational efficiency and agility.

Learn more about IBM data governance using Cloud Pak for Data

Categories

More from Data and Analytics

See what’s new in SingleStoreDB with IBM 8.0

3 min read - Despite decades of progress in database systems, builders have compromised on at least one of the following: speed, reliability, or ease. They have two options: one, they could get a document database that is fast and easy, but can’t be relied on for mission-critical transactional applications. Or two, they could rely on a cloud data warehouse that is easy to set up, but only allows lagging analytics. Even then, each solution lacks something, forcing builders to deploy other databases for…

What is zero-based budgeting?

7 min read - Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. It's like starting with a blank canvas and carefully selecting each budget item based on its value and contribution to your financial objectives. This approach ensures that every piece of your budget fits together harmoniously to create a clear and purposeful financial…

GKN Aerospace — Journey to integrated business planning

5 min read - GKN Aerospace is a leading global supplier in the aerospace industry, specializing in the design, manufacturing, and supply of advanced aerospace systems and components. With an aviation history dating back a century, GKN Aerospace has established itself with major aircraft and engine manufacturers and operators worldwide as a trusted and sustainable partner that supports its goals of pushing the boundaries of aircraft performance and sustainability. GKN Aerospace has expanded its operations through a series of strategic acquisitions, resulting in a…

G2 Summer Reports name IBM a Leader

2 min read - IBM offerings were featured in more than 1,300 unique G2 reports, earning a top-three product placement in over 400 reports, across various categories. Reports showcase vendors that excel in three key areas: Ease of implementation Ease of use Relationship ratings Highlights of IBM’s leadership Ranked #1 in 135 unique reports: Instana, an IBM Company ranked #1 in the AIOps Platforms, Application Performance Monitoring (APM), Observability Solution Suites, Container Monitoring, Log Analysis, and Cloud Infrastructure Monitoring Grid Reports IBM Process Mining…