In the modern business world, nothing is more important than data. It helps improve efficiency and productivity and allows leaders to make faster, more effective decisions to improve outcomes. One aspect of business, though, where data could be leveraged more effectively, is HR. Human capital data is generated by employees and provides a wealth of information about the employee experience. It can help organizations stop playing guessing games and help make concrete connections between employee interests and purpose. This will help leaders better understand their employees and how they fill their roles. Another meaningful benefit of collecting and gathering human capital data is to help your workforce hone their existing skills and acquire additional skills they may need. This is done by analyzing the competencies of individuals within your organization and definitively pointing to any skills gaps that may exist in your organizational portfolio. It will also help better track employees seeking development and help managers and leaders craft career paths for their advancement.