Transforming HR Management: Exploring The Benefits of Tools For HR Analytics in The Pharmaceutical Industry
Year: 2024
Type: article
Abstract: HRM changes are critical for organizations to remain competitive in a rapidly changing business environment. This article examines the impact of HR analysis tools on the pharmaceutical industry, focusing on their role in improving efficiency, productivity, and employee engagement. HR analysis involves collecting, analyzing, and interpretation of HR data to support data-driven decision making and strategic planning. This study highlights the benefits of HR analytics tools for identifying patterns, assessing performance, optimizing processes, and improving overall business performance. By using advanced technologies such as HR Information Systems (HRIS), statistical analysis tools, and data visualization platforms, pharmaceutical companies can make informed decisions and improve workforce management. This article explains the HR process, including goal setting, data collection, metrics evaluation, data analysis, and decision making.In addition, it integrates HR systems to simplify payroll planning, layoff management, performance appraisal, and staff development. The results show that the application of HR analysis in the pharmaceutical industry improves decision making, workforce development and greater operational efficiency well, thereby providing a valuable benchmark for other industries seeking to improve their HR practices through analysis.
Source: Journal of Development Research
Author: Gladys Christiani
Institution: International University of Batam
Language: English
Topic: AI and HR Technologies
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4404865466