How analytics helps human resources in making decision towards data driven
In a highly competitive and dynamic business environment, HR role is no more limited to management of workforce. An intensely competitive marketplace demands that you play more roles than one. You have to be a critic, a qualified statistician and a keen observer of how your workforce functions in order to provide valuable insights and analytical input to keep your organization achieve its goals and objectives. Data is the key to this strategy helping you manage your workforce efficiently and effectively. However, it is imperative to understand that having a large dataset is of little or no importance if you fail to utilise it properly. And the key to efficient utilisation is to first decode what is relevant and useful. But then the million dollar question is how you will find the time and resources to take advantage of the information at your command. This is where the importance of people analytics is realised. What is people analytics? People Analytics is not a passing fad.