Human Capital Analytics
by Deepa Gupta, Mukul Gupta, Pawan Budhwar, Jim Westerman, Rajesh Kumar Dhanaraj, Balamurugan Balusamy
Preface
The role of human capital is evolving due to advancements in technology in a world rapidly transitioning to the Fifth Industrial Revolution. In the era of Industry 5.0, the collaboration between humans and technology is more integrated than ever. Understanding the implications of these changes for human resources has never been more crucial. Human Capital Analytics: Exploring the HR Spectrum in Industry 5.0 delves deeply into how human capital analytics is revolutionizing HR practices in this new age. The book provides insights into the future of work, workforce management, and talent enhancement.
The structure of this book provides a comprehensive view of how HR is transforming in Industry 5.0. Initially, it addresses the primary opportunities and challenges presented by human capital analytics today. It also examines how emerging technologies like artificial intelligence (AI), machine learning, and robotics are significantly impacting HR functions. As organizations embrace these technologies, the strategic role of HR is shifting, necessitating new approaches to data-driven decision-making, workforce optimization, and people management.
A key focus of the book is the alignment of human capital analytics with global goals for sustainable development. Industry 5.0 is not solely about technological advancement but also about creating a future that benefits all, where human capabilities and technology converge to achieve global objectives. The book discusses how HR 5.0 ...
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