July 2025
Intermediate to advanced
416 pages
10h 52m
English
book
Human Capital Analytics
by Deepa Gupta, Mukul Gupta, Pawan Budhwar, Jim Westerman, Rajesh Kumar Dhanaraj, Balamurugan Balusamy
Content preview from Human Capital Analytics
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7Unleashing Human Capital Analytics for Data-Driven Workforce Management
Princi Gupta1*, Deepa Gupta2 and Mukul Gupta2
1JECRC University, Jaipur School of Business, Jaipur, Rajasthan, India
2GL Bajaj Institute of Management, Jaipur School of Business, Greater Noida, Uttar Pradesh, India
Abstract
Organizations are experiencing a paradigm shift in labor management in the era of Industry 5.0, which is being driven by technical developments and digital innovation. As a strategic necessity, human capital analytics equips HR managers with the data-driven insights they need to navigate this revolutionary HR frontier. The importance of human capital analytics in Industry 5.0 is examined in this chapter. This chapter outlines its key components, which include human-robot cooperation, networked systems, and intelligent automation. It provides the background information needed to comprehend the critical role that HR analytics plays in guiding wise hiring decisions in this dynamic industrial environment. The chapter explores the fundamental ideas behind Industry 5.0 HRC analytics. It also defines key metrics and data sources that are essential for data-driven workforce management. Cutting-edge technologies like big data analytics and artificial intelligence are integrated to extract meaningful insights from massive datasets. The application of analytics to talent acquisition, skill development, performance management, and employee engagement is covered in this chapter. The chapter covers ...
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