The Effect of HR Analytics Competency Model on Managerial Decision Making and Business Results
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Abstract
The manner in which organisations utilise data has evolved to become more focused on satisfying the legal requirements of the employment. The evolving utilisation of data has progressively transformed the dynamics of the Human Resource Management (HRM) function, and organisations now demand HR professionals to conduct high-quality analyses. Multiple studies have indicated that the implementation of Human Resource Analytics (HRA) could aid HR practitioners in gaining a variety of perspectives regarding their contribution to the financial objectives of their organisations by facilitating the development of appropriate metrics. Regarding Indian organisations, however, the influence of HRA in enhancing business outcomes has been the subject of relatively few studies. The current investigation examines the impact of HRA competencies on business outcomes and organisational decision making. Opportunities and motivation encouraged employees to utilise their talents in the workplace, according to the analysis. It was discovered that providing competent employees with opportunities and motivation are critical factors in encouraging the development of their analytical abilities. Holding such analytical abilities significantly influences the decision-making processes of organisations and the overall outcomes of businesses.