HR Analytics: An Indispensable Tool for Effective Talent Management

Title

HR Analytics: An Indispensable Tool for Effective Talent Management

Creator

Arora S.; Upadhyay S.

Description

Business organizations have changed tremendously in the way they visualize the human capital of the organization and make all efforts to create a workforce that is productively engaged and is ready to embrace the challenges posed by uncertainty and turbulence in the business environment. This calls for a decision-making approach that is based on observed people behaviours rather than relying on intuition and gut feel. These observed behaviours are reactions or consequences to stimuli and therefore the science of Human Resource Management can be better understood as predicting these dependent variables based on a set of independent variables. This chapter attempts to present a complete framework of HR analytics in terms of concept, need and how it can add immense value to effective talent management in the organizations. The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024.

Source

Data-Driven Decision Making, pp. 231-254.

Date

2024-01-01

Publisher

Springer Nature

Subject

Attrition; HR Analytics; HR metrics; Machine learning; Supervised learning; Talent management

Coverage

Arora S., Christ University, Ghaziabad, India, I.T.S School of Management, Ghaziabad, India; Upadhyay S., Christ University, Ghaziabad, India

Rights

Restricted Access

Relation

ISBN: 978-981972902-9; 978-981972901-2

Format

Online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.1007/978-981-97-2902-9_11

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85215924903&doi=10.1007%2f978-981-97-2902-9_11&partnerID=40&md5=9f8beb11a768b91b1c54acf4083d2bf7