EVOLUTION OF

BUSSINESS ANALYTICS
 INTRODUCTION:

• Business analytics is based on statistics

• It is a use of statistics truly began shortly after the advent of the

industrial era in the late 1800s

• Frederick Taylor introduced the first ever system of business analytics

• In 1900 Henry Ford who inspired by F. Taylor, introduced assembly

line in manufacturing system
FEATURES OF HUMAN RESOURCE ANALYTICS

LEVELS OF HUMAN RESOURCE ANALYTICS

PURPOSE OF HUMAN RESOURCE ANALYTICS

TOOLS OF HUMAN RESOURCE ANALYTICS

AREAS OF HUMAN RESOURCE ANALYTICS

ROLES OF HUMAN RESOURCE ANALYTICS

FEATURES:

1. Real time reporting

2. Predictive capabilities

3. Automated data gathering

4. Recruitment and succession planning

5. Non universal access

6. Analysis of bottom line

7. Flexibility for the future

Levels
PURPOSE:

1. To improve employee retention rates

2. To reduce absenteeism of employees
3. To provide the guidance on future HR strategy
4. To identify the need for new dept and positions
5. To assign and delegate responsibility for tasks and goals
6. To evaluate the effectiveness of learning and development activities
7. To identify and quantify physical risks to employees in specific positions
TOOLS:
1. Excel
2. SAS
3. SPSS modeler
4. R
5. Salford systems
6. KXEN
7. MATLAB
AREAS:

Employee turnover

Recruitment analytics

Performance analytics

Employee engagement analytics

Corporate culture analytics

 Improved hiring decision

Good training

Better insights

ROLES: Stable retention

Easily accessible HR information to management

Workforce performance analytics integrating