HR Analytics - a Strategic Approach to HR Effectiveness

International Journal of Human Resource Management and Research (IJHRMR) ISSN(P): 2249-6874; ISSN(E): 2249-7986 Vol. 6, Issue 3, Jun 2016, 21-28

8 Pages Posted: 16 Sep 2016

See all articles by P. Madhavi Lakshmi

P. Madhavi Lakshmi

Maharaj Vijayaram Gajapathi Raj (MVGR) College of Engineering

P. Siva Pratap

Pfizer, Inc.

Date Written: June 30, 2016

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.

Keywords: HR Analytics, Workforce Planning, Strategic Workforce, Human Capital Management

Suggested Citation

Madhavi Lakshmi, P. and Siva Pratap, P., HR Analytics - a Strategic Approach to HR Effectiveness (June 30, 2016). International Journal of Human Resource Management and Research (IJHRMR) ISSN(P): 2249-6874; ISSN(E): 2249-7986 Vol. 6, Issue 3, Jun 2016, 21-28 , Available at SSRN: https://ssrn.com/abstract=2838824

P. Madhavi Lakshmi (Contact Author)

Maharaj Vijayaram Gajapathi Raj (MVGR) College of Engineering ( email )

Vizianagaram
Andhra Pradesh
VIZIANAGARAM, ANDHRA PRADESH 535005
India

P. Siva Pratap

Pfizer, Inc. ( email )

235 East 42 Street
New York, NY 10017
United States

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