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Ways HR Data May Improve Your Bottom LineTechnology is advancing at a pace that has never been seen before. With this continuous growth in technology, data analytics is becoming more prevalent and possible in just about every area of business. Human Resources (HR) has historically been seen as more of a ‘paper pushing’ area of business with payroll, hiring, firing, and compliance being the main areas of the industry.
However, within the last 10 years HR has become more strategic in focus and the use of data analytics in HR is quickly turning into a hot topic. Many people might find it bizarre to use data analytics in such a people-focused profession; however, there are huge financial savings for companies that choose to do so. Here are some areas where this can happen:
ReferencesGordon, J. (2016, April 21). Ways HR data may improve your bottomline. Retrieved from Forbes: https://www.forbes.com/sites/adp/2016/04/21/ways-hr-data-may-improve-your-bottom-line/?sh=64ad206665c5Rubric_ExportFile_40297202204_1657573612540.zip
Read the Case StudyDemir, A. (2017). Management Information Systems: Case Study of Amazon.com. Journal of Research in Business and Management, 4(11), 11-17. From http://www.questjournals.org/jrbm/papers/vol4-issue11/B4111117.pdfCase study questions
Read the case belowCrosby, Michael; et al. (2016). “Blockchain Technology: Beyond Bitcoin” (PDF). Applied Innovation Review (2): 6–19.Case study questions
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