When it comes to picking a potential investment for your company, you want to be sure that you are making the right decision. This is especially true if the investment requires significant capital, such as a new manufacturing plant, or if it will affect your business in long-term ways, like hiring employees. You can use early talent data to give yourself an edge in these decisions–to help you find the best investments before they have been discovered by others.
How Early Talent Data is Beneficial
One of the hardest things to do in a company understands the performance of your team. Companies like Facebook and LinkedIn have been using data to show their employees what they need to improve on, while others like Google use data to determine how they can invest more in certain areas.
Early Talent Data or ETD helps companies develop modeling that provides insight into how individuals perform and why, which is beneficial for many reasons. You can find more information about the Early talent data program online.
What Early Talent Data is
Early Talent Data is the data collected from applicants who apply for a job and meet with an interview. Early Talent Data is important to companies that are trying to improve their success rate by finding out which traits of employees are more likely to make them successful.
If a company does not have any employees yet, then it might be worth investing in an outside company that specializes in this field.