Paper Title
Enhancing HR Management: The Influence of HR Metrics and Analytics on Decision Making
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Registration ID: IJNRD_217844
Published ID: IJNRD2404244
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Keywords
HR metrics, HR analytics, Human Resource Management (HRM), Talent management and Data-driven decision making
Abstract
This paper is focused on the crucial role of HR metrics and analytics in HRM decision making as they have a major impact on this area. Nowadays, running a business requires the top-notch data-deduced strategies to accomplish the goals of managing human resources. Employee metrics and analytics provide a strong backbone for Hr specialists who have ability to assess the success of efforts, identify workforce trends, keep HR strategies in tune with overall business objectives, and make informed decisions about talent management throughout the workflow from the moment hiring is initiated to the concluding employee culmination. While organizations can get the required information by investigating various kinds of HR data, namely HRIS, performance assessment, surveys, and external benchmarking, it is the achievement of key aspects of Human Resource Management that becomes possible this way. In this way, the HR departments acquire the capability to rely on a data-driven approach to evaluate efficiently the utility of Human Resource programs, to properly manage their resources and to select the priorities that lead the organization to success. In addition, the utilization of HR metrics and analytics supports the practice of taking the right decisions based on evidence because the HR analytics process informs the employer about the state of the workplace and the possible difficulties ahead. Through the use of predictive analytics, organizations now have an opportunity to detect a shortage in talent coming and find out, which employees are highly qualified and then take a proactive approach to deal with matters related to employee lifecycle first and not treat the problem when it is too late. Among other things, by means of the effective data management intelligent HR professionals are able to come up with the right strategic approaches, which are in line with the objectives of the organization, and as a result, they have a chance of enhancing long-term success of the organization, as well as increasing its competitiveness and making it more data focused.
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How To Cite (APA)
JESSICA DONAWAT & Dr. Sandeep Mathur (April-2024). Enhancing HR Management: The Influence of HR Metrics and Analytics on Decision Making. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(4), c94-c123. https://ijnrd.org/papers/IJNRD2404244.pdf
Issue
Volume 9 Issue 4, April-2024
Pages : c94-c123
Other Publication Details
Paper Reg. ID: IJNRD_217844
Published Paper Id: IJNRD2404244
Research Area: Management
Author Type: Indian Author
Country: South Delhi, Delhi, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2404244.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2404244
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