Investigating the Role of Human Resource Analytics and Firm Performance in Corporate Firm

Abstract

Business organizations are facing new transitions day by day due to data driven trends. In the area of human resource management, decisions are taken based on real time tech interventions which ensure optimal utilization of resources, time and cost in managing the workforce in corporate setting. The other popular words for HR analytics are People analytics, Workforce analytics, Talent analytics, and Predictive HR analytics. Simply, it focuses on collecting and utilizing HR specific data so as to make strong and evidence-based HR decisions which is valuable for performance enhancement of various HR functions. Talent management can be best possible through imbibing the data base preferred HR decision making in corporate firms working in multinational mode.

 This Study offers in-depth investigation on various dimensions related to decision making in HR domain of corporate firms including family group and non-family firms. This study offers linkages on HR analytics and corporate performance of the firms. It will be beneficial for academia as well as policy makers to moderate their understanding in terms of latest happening in linkage between technology & HRM. Multinational Corporations can refer this work to strengthen their outlook on managing HRM Functions with the help of data driven analytical tools.