The questions we ask: Opportunities and challenges for using big data analytics to strategically manage human capital resources
| Autor: | William A. Sodeman, R.H. Hamilton |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Marketing
Knowledge management Supply chain management business.industry 05 social sciences Big data Human capital Stakeholder management Identification (information) General Data Protection Regulation Human resource management 0502 economics and business Workforce planning 050211 marketing Business Business and International Management 050203 business & management |
| Zdroj: | Business Horizons. 63:85-95 |
| ISSN: | 0007-6813 |
| DOI: | 10.1016/j.bushor.2019.10.001 |
| Popis: | Big data analytics have transformed research in many fields, including the business areas of marketing, accounting and finance, and supply chain management. Yet, the discussion surrounding big data analytics in human resource management has primarily focused on job candidate screenings. In this article, we consider how significant strategic human capital questions can be addressed with big data analytics, enabling HR to enhance overall firm performance. We also examine how new data sources that help assess workforce performance in real time can assist in the identification and development of the knowledge stars that contribute to firm performance disproportionately as well as help reinforce firm capabilities. But in order for big data analytics to be successful in the HR field, regulatory and ethical challenges must also be addressed; these include privacy concerns and, in Europe, the General Data Protection Regulation (GDPR). We conclude by discussing how big data analytics can facilitate strategic change within HR and the organization as a whole. |
| Databáze: | OpenAIRE |
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