Transforming human resource management with HR analytics: A critical Analysis of Benefits and challenges

Authors

  • Niharika Valecha Institute of Marketing & Management (IMM)

DOI:

https://doi.org/10.55938/ijgasr.v1i2.16

Keywords:

Transformation, Human Resource Management, HR Analytics, Organizational Capital, Decision Making

Abstract

Human resources have long been a valuable organizational asset. Employees must be considered as resources to gain a competitive edge, and firms may survive in a competitive market by aligning human resources with essential business objectives. Organizational success has always revolved around human resources. The alignment of HR strategy with the company's overall strategy relies heavily on personnel analysis. Human resource analysis aids HR managers in developing strategies that will allow the company to outperform its competition. The revolution and difficulties of human resource management using hr analytics are examined in this study. Human resource analysis (HR) has the ability to greatly improve HR departments' decision-making capabilities in human and organizational capital. Sample of 217 respondents from HR team of different organizations were surveyed to know the benefits, challenges and impact of Transforming Human Resource Management with HR Analytics. It is found that there is a significant impact of transforming human resource management with HR analytics in an organization.

Downloads

Download data is not yet available.

References

Poba-Nzaou, P., Galani, M., & Tchibozo, A. (2020). Transforming human resources management in the age of Industry 4.0: a matter of survival for HR professionals. Strategic HR Review, 19(6), 273-278.

L. (2021). Transformation Of Approaches To Human Resources Management In The New Reality. Global Challenges And Prospects Of The Modern Economic Developmentproceedings Of Global Challenges And Prospects Of The Modern Economic Development (GCPMED 2020), 15-16 December, 2020, Samara State University Of Economics, Samara, Russia.

van den Heuvel, S., & Bondarouk, T. (2017). The rise (and fall?) of HR analytics. Journal Of Organizational Effectiveness: People And Performance, 4(2), 157-178.

Momin,M,W., (2015). HR analytics transforming human resource management. 1(9).

Thakre.N. (2020). Human Resource (HR) Analytics For Organizational Segment-3 Transformation and Effectiveness. 50(1).

Zeidan.S & Itani.N. 2(020). HR Analytics and Organizational Effectiveness. 11(2). 683-688.

Novo Melo, P., & Machado, C. (2021). THE ROLE OF HR ANALYTICS FOR DIGITAL HRM TRANSFORMATION. INTED2021 Proceedings. 1(10).

Terziev.V & Arabska.E. 2017. Needs and Challenges of Social Entrepreneurs. 31(4). 925-939.

Kumar Rajbhar, A. (2017). A Study on HR Analytics Transforming Human Resource Management. Journal Of Investment And Management, 6(4), 92.

DiClaudio, M. (2019). People analytics and the rise of HR: how data, analytics and emerging technology can transform human resources (HR) into a profit center. Strategic HR Review, 18(2), 42-46.

Ulrich, D., Allen, J., Brockbank, W., Younger, J., & Nyman, M. (2010). HR Transformation: Building Human Resources from the outside in. NHRD Network Journal, 3(4), 102-102.

Poba-Nzaou, P., Galani, M., & Tchibozo, A. (2020). Transforming human resources management in the age of Industry 4.0: a matter of survival for HR professionals. Strategic HR Review, 19(6), 273-278.

Published

2022-06-21

How to Cite

Valecha, N. (2022). Transforming human resource management with HR analytics: A critical Analysis of Benefits and challenges. International Journal for Global Academic & Scientific Research, 1(2), 43–51. https://doi.org/10.55938/ijgasr.v1i2.16