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Challenges And Opportunities Affecting The Future

   

Added on  2022-09-12

7 Pages1697 Words15 Views
Running head: HUMAN RESOURCE METRICS
Human Resource Metrics
Name of the Student
Name of the University
Author note
Challenges And Opportunities Affecting The Future_1
HUMAN RESOURCE METRICS1
Annotated Bibliography
Article 1- Gunasekaran, A., Irani, Z., Choy, K. L., Filippi, L., & Papadopoulos, T. (2015).
Performance measures and metrics in outsourcing decisions: A review for research and
applications. International Journal of Production Economics, 161, 153-166.
In the article, the main approach which has been showcased is related to the
importance of the Human Resource Metrics in the case of outsourcing. The article has been
capable of making the audiences understand the fact that companies need to first understand
and analyse the aspects which will be helpful in achieving the outsourcing initiative. The
main objectives which are mainly considered included cost reduction along with
improvement in technological front. The HR metrics help in monitoring the internal
customer satisfaction with the program related to outsourcing. The authors have been
capable of concluding the fact HR metrics in measuring as well as tracking the performance
through conducting the different performance appraisals as well as other techniques.
The content of the article is related to the HR metrics as the focus of the authors
have been mainly on the creation of high level of efficiency within the human resources
system. The advanced human resources technology which are being utilised needs to be
benefitting the administration as well as compliance management suitably.
Article 2- Marler, J. H., & Boudreau, J. W. (2017). An evidence-based review of HR
Analytics. The International Journal of Human Resource Management, 28(1), 3-26.
In the article, the main approach which has been discussed is related to the purpose
of the human resource management metrics in understanding the human capital in the
companies. The same can be channelized as well as utilised for assisting the organizations in
reaching to the goals which can be suitable for managing the prospects of the companies. The
Challenges And Opportunities Affecting The Future_2
HUMAN RESOURCE METRICS2
HR analytics and metrics are helpful in driving strategy and direction of company which can
be helpful for making the decisions in a systematic manner.
The respective article is related to the Human Resource Analytics and Metrics as in
the current scenario, the HR professionals are clamouring for analytics which will be helpful
in combating the attrition rate which is one of the main criteria for managing the efficiency in
the different services which helped in providing groundwork for the data driven decision-
making aspects. The usefulness or the value of the information is regarding the HR metrics
and analytics which are considered to be the sophisticated solutions for generate the effective
outcomes in the business process.
Article 3- Bakhru, K. M., & Sharma, A. (2019). Unlocking Drivers for Employee Engagement
Through Human Resource Analytics. In Management Techniques for Employee Engagement
in Contemporary Organizations (pp. 236-255). IGI Global.
The article and the authors have focused mainly on the detailed meaning of the
employee engagement and the relevance of the same on the organizational scenario. It is
good in order to understand the feelings of the employees while working in the company and
it will be better in analysing whether the employees are giving more than 100% in achieving
the tasks which are done by them. The happier the employees are, the organizations will be
able to achieve more than 100% results. In such scenario, the human resource metrics play a
vital role which will be suitable for generating the effective results. There can be surveys
conducted by the company officials for understanding their viewpoints and it will be helping
the companies in understanding the grievances of the employees and work on them.
The entire content of the article is related to the metrics of human resource
management as it has focused on the fact that in the increasing competitive business
environment, the talented employees are needed, in such scenario, the challenge which is
Challenges And Opportunities Affecting The Future_3

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