AN INSIGHT INTO THE HR ANALYTICS & CHALLENGES
The annual HR Conclave recently organised by JK Business School, not only provided the students with the opportunity to interact with alumni and business leaders, but also gave them a much-needed insight into Campus recruitment
JK Business School in Gurgaon organised its annual HR Conclave with elan. Taking the initiative to address the fast-changing and constantly evolving HR concepts, the event was organised to discuss the very critical and relevant topic: HR Analytics — Challenges Ahead.
The event was aimed at creating insights which would prove useful for management institutes as well as for HR managers to effectively handle complex human resource needs in the future and to discuss the challenges by getting together on board analytical minds, entrepreneurs, emerging business rock stars/ promoters of startups on the same platform to discuss, debate the subject.
The pace with which the business concepts are fast evolving, coupled with a new level of growth that is being witnessed by the Indian economy, thereby opening up new business opportunities which in turn has brought forward with it new operative challenges. This radical market shift has rendered the HR function even more vital and challenging thus highlighting the role of getting analytics into play.
Senior corporate dignitaries shared their views on the theme and generated an interactive and meaningful industry-academia understanding towards HR roles. Talent has become a scarce commodity and organisations are now applying analytics to get the best out of their employees. The essence of effective analytics in any segment of an organisation is the distillation of voluminous data into actionable information. An effective analytics system must act as the conduit to information oblivious, but hidden from the evident. Workforce analytics makes the data-driven decision implementable and moves businesses beyond the realms of guesswork, intuition, and ad-hoc spreadsheets.
The event commenced with a welcome note by Brig. (Dr.) Ajay Mehta, HOD-HR, JK Business School, who said, “Human Resources have always been an issue of concern. From mere resources to asset and then Human Capital, the perception always has been progressive and evolving.”
A new dimension was attached to the interaction by Sanjiv Marwah, director, JK Business School, who opened the debate packed with technical data and stated details courting the various shades of workforce today, their mental makeup, aspirations and attitude. He laid emphasis on capability analytics –which allows to identify core competencies one needs in the business.
Challenges on the ground today are of data cleanliness, interpretation skills, and capability issues of HR team SIDHARTH GUPTA,
DEPUTY VP, MICROTEK INFRA
HR analytics, if diligently applied, will not only increase performance but will help in talent acquisition and increase the power of training too QAMER SIDDIQUI,
HEAD HR, GALAXY HOTELS
HR has undergone metamorphosis – from mere compliance it has turned into huge analysis in itself. Data has to be valuable in order to yield meaningful results and check performances, arrest attrition rates LOKESH MEHRA,
DIRECTOR, MILLION LIGHTS
Managers need to focus on buster process than on builder processes. Capability of employees to handle data will be key issues for good HR analytics. VIJAY DAHIMA, FOUNDER, DIRECTOR AND EXECUTIVE COACH, PERFORMANCE-NPURPOSE CONSULTING