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Data Analytics

Vithoba Pagdiyal

30 Jul 2024

In India, the function of human resources (Human Resources ) is drastically changing. Human Resources is becoming recognized as a strategic business partner, historically considered an administrative job. Several causes, such as the changing characteristics of Indian labor, globalization, and technological improvements, drive this shift. These days, employers want Human Resources specialists to be strategic thinkers with the ability to evaluate information, spot patterns, and provide fixes for challenging business problems.

 

Previously, Human Resources was concerned primarily with transactional tasks, including hiring, payroll, and maintaining employee information. Now, the focus is more on adding value, improving the employee experience, and coordinating Human Resources plans with corporate goals. For instance, earlier, in every organization, the Human Resources department worked hard to ensure that the performance review process was impartial and fair. The fact that the procedure calls for a comprehensive interpretation makes this one of the Human Resources department's most challenging assignments. However, by 2025, Human Resources will have a hyper-personalized performance review system. Communicating the approach used to conduct the evaluation process would be essential. This consists of scrapping out the outdated yearly reviews for real-time performance reports and personalized coaching. Additionally, employees will become the focus of consideration, and their ‘uniqueness’ will have to be recognized. They would not be in the old rat race where their performances were measured on the same five parameters, but now, they would rather be judged on the actual value they add to the firms.

 

Another crucial area of concentration is Digital Human Resources. It signifies a radical shift in how Human Resources technology is approached and implemented. Digital Human Resources transform the Human Resources function from paper-based, reactive, and time-consuming to digital-first, mobile, and optimized, enhancing the business's performance and the employee experience. Among its objectives are increasing employee engagement and retention and significantly boosting an organization's success via continuous, agile transformation.  In India, Human Resources technology is expanding quickly, and using Digital Human Resources operations helps firms become more data-driven and efficient. Organizations must use Human Resources MS( Human Resource Management System), ATS( Applicant Tracking System), and performance management technologies to manage their personnel successfully. Human Resources professionals must foster an innovative culture, establish great business acumen, and maintain connections with key stakeholders to flourish in this new century. They must also be skilled in using data analytics to support corporate growth and make wise judgments.

 

As India continues to evolve as a great economic front in the global arena, Human Resources will play an ever more critical role. Human Resources may significantly increase A company's success by adopting technology, emphasizing the employee experience, and coordinating with business goals. Human Resources can then, indeed, emerge as a strategic partner. 

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