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Shifts in Business-Politics Paradigms: Exploring Lessons and Future Growth Read chapter Read first chapter

2019 | OriginalPaper | Chapter

3. Unraveling the Power of Talent Analytics: Implications for Enhancing Business Performance

Authors : Geeta Rana, Ravinder Sharma, Alok Kumar Goel

Published in: Business Governance and Society

Publisher: Springer International Publishing

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Abstract

For years, the human resources function has shouldered much of the responsibility for managing people, but it has often had to do so with too little real information while being too segregated from the business. Talent analytics, which uses advanced technologies to process billions of data points to discern previously unseen patterns of potential value, shows the promise of basing decisions about hiring, training, improving productivity, and retaining talent on hard numbers and even delivering insights that can make a company more competitive. This exploratory study provides an overview of the talent analytics practices of India’s Balmer Lawrie & Co. Ltd., which is a company engaged in a variety of businesses producing products such as steel barrels, industrial greases, specialty lubricants, corporate travel and logistic services with sites throughout India and in Bedford in the United Kingdom. Talent analytics help the company foster and sustain innovation by revolutionizing not only the practices of HR but also how insights about workforce performances can be derived and applied to achieve real improvements in business performance.

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previous chapter Trends in Agricultural Production and Productivity Growth in India: Challenges to Sustainability
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Metadata
Title
Unraveling the Power of Talent Analytics: Implications for Enhancing Business Performance
Authors
Geeta Rana
Ravinder Sharma
Alok Kumar Goel
Copyright Year
2019
Publisher
Springer International Publishing
Book
Business Governance and Society

Print ISBN: 978-3-319-94612-2

Electronic ISBN: 978-3-319-94613-9

Copyright Year: 2019

DOI
https://doi.org/10.1007/978-3-319-94613-9_3