Modern Approaches in HR Analytics towards Predictive Decision-Making for Competitive Advantage

Guru, K.; Raja, S.; Umadevi, A.; Ashok, M.; Ramasamy, Kumar

doi:10.1201/9781003153405-13

Cited by 2 publications

(2 citation statements)

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“…The results portray a prevailing application and effectiveness of HR analytics in supporting HR departments for effective workforce planning. This is a clear indication that most HR practitioners employ predictive analytics to achieve effective workforce planning, providing evidence that HR analytics is fast becoming a prerequisite for maintaining and sustaining competitive advantage in a globally competitive business environment where organisations compete to attract skilled and competent employees (Guru et al, 2021).…”

Section: Areas Where Hr Analytics Is Applied In Workforce Planningmentioning

confidence: 99%

An Exploration of the Implications of Human Resources Analytics for Workforce Planning

Odom

Hyams–Ssekasi

2023

Future Bus. Adm.

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Workforce is a tangible and talent-driven asset for high-performing organisations in today's global economy. Arguably, if workforce is not adequately planned, it impacts the effective execution of future business strategies. This research uses Standard Chartered and HSBC Holdings as a case study. A sample size of 60 participants is selected and descriptive data analysis employed to examine the online survey questionnaire. The findings indicate that HRA helps organisations to develop and sustain high-quality planning and eliminates the conventional obstacles HRA provides. It aligns strategic planning by head counting and establishing a clear view of talent demand and supply problems. It is a useful tool used to evaluate the impact of their decision and prioritise future investments in the workforce. Key identifiers include: Control, employee production efficiency, and structure. The study recommends organisations combine demand planning and internal supply analysis to identify workforce gaps and plan accordingly.

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Section: Areas Where Hr Analytics Is Applied In Workforce Planningmentioning

confidence: 99%

An Exploration of the Implications of Human Resources Analytics for Workforce Planning

Odom

Hyams–Ssekasi

2023

Future Bus. Adm.

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“…Prognosis is another name for this. Data mining techniques are used in the procedure to generate a prediction model or algorithm using historical data (Guru et al, 2021). The algorithm is then used to forecast future events using fresh data.…”

Section: Human Resource Analyticsmentioning

confidence: 99%

Impact of Human Capital Management on Organizational Performance With the Mediation Effect of Human Resource Analytics

Kiran¹,

Shanmugam²,

Raju³

et al. 2022

J. Professional Business Review

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Purpose: The main objective of the study is to examine the relationship between Human Capital Management, Human resource analytics and Organizational performance through systematic literature survey Theoretical Framework: The authors developed a conceptual framework to examine the relationship between the components of the Human Capital Management (HCM ) and its effect on organizational performance with the mediation of HR analytics Design/methodology/approaches: The study is based on extensive systematic literature review collected from previous studies Findings: The systematic review validated the proposed conceptual model and found that HR analytics help organizations track their human capital management and improves organizational performance Research practical social implication: This study makes significant contributions to the existing body of knowledge of Human capital management and application of innovative tool of HR analytics .There are several implications for practitioners based on the findings Originality/value: The study is more relevant and practically applied to the organization who are in the nurturing stage of implementing HR analytics towards Human Capital Management for increasing organizational performance

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Modern Approaches in HR Analytics towards Predictive Decision-Making for Competitive Advantage

Cited by 2 publications

References 0 publications

An Exploration of the Implications of Human Resources Analytics for Workforce Planning

An Exploration of the Implications of Human Resources Analytics for Workforce Planning

Impact of Human Capital Management on Organizational Performance With the Mediation Effect of Human Resource Analytics

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