Article from PA Times: How hiring is the same as approving a mortgage

In this article http://www.predictiveanalyticsworld.com/patimes/hiring-approving-mortgages-its-the-same-thing/6715/

In this article veteran Industry expert Greta Roberts, CEO of Talent Analytics argues for a case for proactive preventive analytics rather than reactive post mortem analytics

To stay in business and be profitable, lenders need to predict which borrower candidates are a good risk before extending an offer. Once the offer has been extended, all the company can do is restructure their mortgage, coach, cajole, support, train and hopefully manage the borrower to keep them from completely defaulting.

and

Two Problems with Most “Predictive” HR Systems and Approaches

  • Most approaches “predict” flight risk or performance for current employees only – when it’s too late.

  • Most approaches don’t have highly predictive job candidate data – and never consider augmenting their candidate datasets so they can predict pre-hire.

Author: Ajay Ohri

http://about.me/ajayohri

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