Impact of Talent Analytics on Organizational HR Decisions
DOI:
https://doi.org/10.63671/ijsssr.v4i1.610Keywords:
Talent Analytics, HR Analytics, Organizational HR Decisions, Workforce Planning, Employee Performance, Employee Retention, Strategic Human Resource Management, Data-Driven Decision MakingAbstract
Talent analytics has emerged as one of the most significant pillars for modern day HR by empowering organizations make data driven, strategic decisions about its Human Resource management. The impact of talent analytics on organizational HR decision-making, specifically in Recruitment, Employee Retention, Performance Management Feedback, Workforce Planning, and Employee Engagement. Using a conceptual and review-based approach, this study examines the current state of research on HR analytics and organizational performance. The results show that talent analytics enhances the accuracy and efficiency of HR decisions using prediction and evidence-based workforce management. It improves challenges of productivity and turnover, and even assists with the competitive edge of businesses. But the lack of data privacy, an absence of analytical skills in organizations and technology limitations are the real challenges faced by your organization to deliver effective talent analytics. It ends with the idea that talent analytics is key to transforming existing inconsistent patterns in HR into strategic performance-and data-driven decision-making.
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