Human Capital Analytics
Description
The book equips readers with essential insights and strategies for leveraging cutting-edge technology and human capital analytics, ensuring organizations thrive in the era of human-robot collaboration and sustainable workforce development.
Human Capital Analytics: Exploring the HR Spectrum in Industry 5.0 provides a comprehensive investigation into the ever-changing junction of human capital and cutting-edge technology in the context of the Fifth Industrial Revolution. This volume emphasizes the revolutionary role that human capital analytics plays in changing workforce management, talent development, and HR strategies. This position is particularly relevant as organizations transition into Industry 5.0, where human-robot collaboration is the norm. The purpose of this book is to provide a forward-looking perspective on how data-driven human resource strategies will become vital for boosting worker potential and driving organizational success. This is accomplished by integrating developing technologies such as artificial intelligence, machine learning, and robots.
Readers will find that this book:
- Explores the transformative role of human-robot collaboration, emerging technologies, and strategic HR planning in the context of the Fifth Industrial Revolution;
- Provides a comprehensive overview of how predictive analytics and human capital analytics can enhance workforce management, employee engagement, and performance measurement;
- Focuses on how HR 5.0 contributes to advancing the United Nations Sustainable Development Goals, driving both social and business impact;
- Includes empirical studies, case studies, and real-world examples of implementing Industry 5.0 in organizations;
- Provides actionable strategies for HR professionals to navigate the digital transformation of human resource management, incorporating AI, robotics, and data-driven approaches.
Audience
Human resource developers, analysts, professionals, business executives, data scientists, consultants, professors, academics, and students exploring ways to leverage technology for Industry 5.0.
More details
Other editions
Additional editions
Persons
Deepa Gupta, PhD is a distinguished academician with over 24 years of experience in management studies, currently serving as Dean at GL Bajaj Institute of Management. Her expertise extends to organizational development, corporate relations, and international collaboration.
Mukul Gupta, PhD is a professor at GL Bajaj Institute of Management with over 25 years of experience in teaching and the corporate sector. His research and expertise in consumer behavior are invaluable for understanding the human-centric aspects of Human Capital Analytics, offering insights into user behavior, adoption, and interaction with AI-driven systems and services.
Pawan Budhwar, PhD is a professor of International Human Resource Management and the Associate Deputy Vice Chancellor International at Aston Business School. His research interests include personnel and human resource management, organizational performance, and artificial intelligence.
Jim Westerman, PhD is a professor in the Department of Management at Appalachian State University, Boone, North Carolina, USA. His areas of expertise include human resource management, organizational behavior, leadership, sustainable business, and business ethics.
Rajesh Kumar Dhanaraj, PhD is a professor at Symbiosis International University. His research in areas such as machine learning, cyber-physical systems, and wireless sensor networks is directly relevant to the core technologies underpinning computational intelligence in HR.
Balamurugan Balusamy, PhD is an Associate Dean of Students at Shiv Nadar University with 12 years of teaching experience. He has published over 200 papers and over 80 books in collaboration with professors worldwide. His research interests include engineering education, blockchain, and data sciences.
Content
Preface xvii
Part 1: Foundation and Strategic Framework of Human Capital Analytics in Industry 5.0 1
1 Human Capital Analytics in Industry 5.0: Opportunities and Challenges 3
Veena Grover, Manju Nandal, Divya Sahu and Mahima Dogra
2 Human Capital Analytics and Emerging Technologies in Industry 5.0 31
Harpreet Kaur Channi and Surinder Kaur
3 Fifth Industrial Revolution and an Overview of its Impact on Human Resources 65
Aduku Alex Akubo, Okpanachi Linus Odiji and Muhammed Bature Muhammed
4 Human Capital Transformation - Revolutionizing HR Practices with Advanced Technologies and Ethical Insights 81
Vijeyata, Chitra Jha and Sunil Tegwal
5 HR 5.0 Strategic Planning and Evolution of HR Functions in the Business Environment 101
M. Bharathi, K. Praveena, M. Dharani, V. Madhurima, Krithikaa Mohanarangam, G. Sandhya Kumari and Saleha Tabassum
Part 2: Analytical Techniques and Applications in Workforce Management 111
6 Investigating the Transformative Effects of AI, Machine Learning, and Robotics on Human Capital Analytics - An Empirical Study 113
Gagandeep, Jyoti Verma and Deepa Gupta
7 Unleashing Human Capital Analytics for Data-Driven Workforce Management 143
Princi Gupta, Deepa Gupta and Mukul Gupta
8 Mastering the Art of HR Data Collection and Management Techniques 165
Deepa Gupta, Mukul Gupta, Priti Rai, Karishma Sharma and Parth Mukul Gupta
9 Communicating Human Capital Analytics Insights to Decision-Makers Effectively 201
Sandeep Singh Chandel, Astha Shukla, Sakshi Shukla and Shivansu Sachan
10 Predictive Analytics - Next Chapter in Talent Management 219
Swati Rai, Rakesh Kumar Yadav and Rajesh Kumar Dhanaraj
11 Employee Engagement and Performance Management - Critical Role of Employee Potentials 237
Asma Bano and Ayesha Khatun
12 Performance Evaluation and Measurement of Human Capital Analytics in the Information Technology (IT) Sector in India 261
Manoj Kumar, Pratibha Maurya and Rinki Verma
13 Data-Driven Strategies to Improve Workplace Diversity, Equality and Inclusion (DEI) 283
Arkja Singh, Rakesh Kumar Yadav and Deepa Gupta
Part 3: Future Trends, Challenges, and Sustainable Development in HR Practices 303
14 Role of Human Capital Analytics and Industry 5.0 in Advancing the United Nations' Sustainable Development Goals 305
Agagu A. A., Odiji O. L. and Akubo A. A.
15 Transforming Workplaces with Human-Robot Collaboration 325
B. Swathi
16 Human Capital Analytics in Industry 5.0 for Sustainable Growth 337
Channi Sachdeva, Veena Grover and Veer P. Gangwar
17 HR 5.0 -- Demystifying the Way Forward 347
Ritu Saxena, Priyanshi Jindal and Harshit Gouri
18 The Digital Transformation of HRM: Comparing Traditional and Technology-Based Practices 359
Pardeep Kaur
19 Technological Implementation of Industry 5.0 at Kinara Capital -- A People's Welfare Organization 373
Kala Raja Mohan, R. Narmada Devi, Nagadevi Bala Nagaram, Sathish Kumar Kumaravel and Regan Murugesan
References 381
Index 383
