The Role of HR Analytics in Strategic Decision Making: Leveraging Data for Talent Management

Abstract

This study explores the crucial significance of HR analytics in making strategic decisions, with a particular focus on its use in talent management. Organizations can improve their overall performance by utilizing data to strengthen talent acquisition, development, and retention initiatives. The report conducts a comprehensive analysis of current literature, offering valuable insights on the integration of HR analytics with talent management strategies. The key findings highlight the importance of using data to make decisions, showing that firms who use HR analytics have better workforce planning and match their HR strategies with business objectives more effectively. Issues such as data protection and the requirement for strong analytical abilities are also addressed. Investing in HR analytics capabilities is essential for staying competitive in the current data-driven company landscape, as indicated by the research findings. This paper emphasizes the profound influence of HR analytics on talent management, providing a thorough comprehension of its advantages and hurdles in implementation