HR Analytics as a Strategic Workforce Planning

Abstract

The need of the proactive workforce planning is indispensable. A rapid change in technology and intense globalization is forcing the organizations to change its overall business strategy. The paper highlights how the strategic workforce planning provides a multi – dimensional approach towards building a human capital. HR analytics help to identify the skills and creating the leaders of tomorrow. Thus, with the help of HR analytics a strategic workforce plan will reduce attrition rate, mitigate risks and built a value added training culture for the organization.