HR Analytics : A Tool for Strategic Approach to HR Productivity

The ever-changing world of today to the world that existed just a few decades back, we realize that human capital perhaps became the most sustainable source of competitive differentiation and value creation for an organization. The role of Human Resource is critical when it comes to confirming businesses are effective at their optimal levels. However, achieving this is no easy task, as HR teams need to manage a series of tools and resources designed to drive real insights and opportunities. These call for an approach to make decisions that are based on facts and numbers, rather than intuition and guesswork. Analytics thus takes the attention in the HR monarchy today. The paper includes concept, impact, drivers, and challenges of HR Analytics