Journal Press India®

GBS Impact: Journal of Multi Disciplinary Research
Vol 9 , Issue 1 , January - June 2023 | Pages: 26-36 | Research Paper

The Willingness and Challenges to Adopt HR Analytics among Small and Medium –Sized Enterprises

Author Details ( * ) denotes Corresponding author

1. Uttam Kinange, Professor, Kousali Institute of Management Studies, Karnatak University Dharwad, Dharwad, Karnataka, India (uttam2020@gmail.com)
2. * Steffi Bhasme, Research Scholar, Kousali Institute of Management Studies, Karnatak University Dharwad, Dharwad, Karnataka, India (steffibphd22@gmail.com)
3. Arthur Fernandes, Professor, Kirloskar Institute of Management Studies, Harihar, All India Council of Technical Education (AICTE), New Delhi., Harihar, Karnataka, India (arthur.fernandes@kiams.ac.in)
4. Azhar Shaikh, Associate Professor, Kirloskar Institute of Management Studies, Pune, All India Council of Technical Education (AICTE), New Delhi., Pune, Maharashtra, India (azharshaheen@live.com)

The emergence of data-driven HR has been one of the largest business trends in recent years. HR has just started leveraging data and analytics, but the majority of other functions have been doing so, for some time. Large and high performing organizations are using HR Analytics for evidence-based decision-making. However, the MSMEs have been slow to adopt this innovation. Our nation's socioeconomic development relies heavily on MSMEs. MSMEs contribute 37.54 percent of the GDP in total. Hence it is important to know how the productivity may increase using data available. This study aims at understanding the willingness of small, and medium enterprises in adopting and applying HR analytics in their businesses. It attempts to examine the challenges faced by the SMEs to adopting data analytics for better decision making. This research is based on an empirical study on SMEs in the Hubli-Dharwad region. The application and use of HR analytics offers several substantial problems for small companies. The results of this study highlight the challenges SMEs have in adopting and utilising the benefits of HR Analytics.

Keywords

Human resources analytics, SME, Data, Innovation Adoption

  1. About SME in India | SME Chamber of India. (n.d.). Retrieved from https://www.smechamberofindia.com/about-msme-in-india.php
  2. Angrave, D., Charlwood, A., Kirkpatrick, I., Lawrence, M., and Stuart, M. 2016. HR and analytics: why HR is set to fail the big data challenge. Human Resource Management Journal, 26(1): 1–11.
  3. Bhat, A. (2018, August 31). HR Analytics: Definition, Example, HR Metrics Dashboard and Predictive HR Analytics. Retrieved from https://www.questionpro.com/blog/hr-analytics-and-trends/
  4. C, A. (2018, June 30). What Are the Challenges in Implementing Analytics in HR? Retrieved January 3, 2023, from https://www.quantzig.com/blog/challenges-analytics-hr/
  5. D. P. J. Opatha, H. H. (2021). HR Analytics: A Critical Review- Developing a Model Towards the Question “Can Organizations Solely Depend on HR Big Data Driven Conclusions in Making HR Strategic Decisions all the Time?” Retrieved from Research gate
  6. Fred, M.O. and Kinange U.M. (2015), “Overview of HR Analytics to maximize Human capital investment”.
  7. Fusemachines, S. M. (2022, July 1). How to effectively employ data-driven HR decisions with HR analytics. Retrieved from https://venturebeat.com/datadecisionmakers/how-to-effectively-employ-data-driven-hr-decisions-with-hr-analytics/
  8. G, P. S. (2018, June 30). What Are the Challenges in Implementing Analytics in HR? Quantzig. https://www.quantzig.com/blog/challenges-analytics-hr/
  9. I1479058922 - International Journal of Management and Humanities (IJMH). (n.d.). International Journal of Management and Humanities (IJMH). https://www.ijmh.org/portfolio-item/i1479058922/
  10. Kakkar, & Kaushik. (2019). International Journal of Economic Research. International Journal of Economic Research.
  11. Keerthi, & Reddy. (2019). IOSR Journal of Business and Management (IOSR-JBM). Adoption Issues of Hr Analytics.
  12. Kirtane, A. (2015), “corporate sustainable HR Analytical practices”, Journal of Management & Administration Tomorrow, Vol. 4, No. 1, pp. 33-40.
  13. Nagpal, Jaiswal, & Panchal. (2022). International Journal of Management and Humanities. International Journal of Management and Humanities https://doi.org/10.35940/ijmh.I1479.058922
  14. Opatha. (2020). International Journal of Scientific and Research Publications. International Journal of Scientific and Research Publications.
  15. Vulpen, E. V. (2019, January 22). What is HR Analytics? All You Need to Know to Get Started. AIHR. https://www.aihr.com/blog/what-is-hr-analytics/
  16. Vulpen, E. V. (2019, January 22). What is HR Analytics? Retrieved January 3, 2023, from https://www.aihr.com/blog/what-is-hr-analytics/
Abstract Views: 7
PDF Views: 697

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.