HR ANALYTICS - A STRATEGIC APPROACH TO HR EFFECTIVENESS
Journal: International Journal of Human Resource Management and Research (IJHRMR) (Vol.6, No. 3)Publication Date: 2016-06-30
Authors : P. Madhavi Lakshmi; P. Siva Pratap;
Page : 21-28
Keywords : HR Analytics; Workforce Planning; Strategic Workforce; Human Capital Management;
Abstract
HR analytics is playing major role in today's business changing environment with increased business requirements towards organizational efficiency. It enables better decision making about workforce using employee data. HR analytics supports organizations for mapping HR metrics with strategic business goals. It majorly focus on acquiring talent to assessing future HR needs by improving employee morale and satisfaction. HR analytics supports data interpretation to recognize trends and take corrective measures for profitable functioning of business. organizations strive for more innovative business practices to improve efficiency and HR analytics has the highest impact on organizational success. The paper highlights how the business analytics provides a multi ? dimensional approach towards building an effective HR strategies
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Last modified: 2016-10-14 15:43:13