Human Capital Analytics
by Deepa Gupta, Mukul Gupta, Pawan Budhwar, Jim Westerman, Rajesh Kumar Dhanaraj, Balamurugan Balusamy
16Human Capital Analytics in Industry 5.0 for Sustainable Growth
Channi Sachdeva1*, Veena Grover2 and Veer P. Gangwar1
1Mittal School of Business, Lovely Professional University, Phagwara, India
2Veena Grover, School of Management, NIET, Greater Noida, India
Abstract
To accomplish the Sustainable Development Goals (SDGs), it is necessary to comprehend the potential of human capital analytics and embrace the ideas of Industry 5.0. In this paper, some crucial points are explored for achieving SDGs. Human capital analytics maximizes the potential and also helps in understanding, that collaboration between humans and machines can be increased from Industry 5.0. It is essential to invest in humans and embrace the technology with both hands for the development of SDGs. In this way, decentralized decision-making takes place and also helps in sustainable value creation. This paper explores how the integration of human capital analytics and Industry 5.0 catalyzes progress toward SDGs. It also opens the door to innovations, creativity, rapid growth, and quick and accurate decision-making. This paper emphasizes the need for policymakers to invest in human priority along with technology for the betterment of the organization. It can create a better future for the organization and SDGs achieved more accurately.
Keywords: Sustainable development, industry 5.0, human capital analytics, innovation, united nations sustainable development goals (UN SDGs)
16.1 Introduction of SDGs and the ...
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