The Rise of HR Analytics: Exploring Its Implications from a Developing Country Perspective

Abstract

Human resource management (HRM) has been increasingly important to the performance of businesses in recent years. When companies take advantage of this information, they gain a competitive edge. HR analytics has the potential to greatly increase HR's contribution to the bottom line if the research findings hold. The primary goal of this study is to comprehend the impact of HR analytics on businesses in developing nations like. Twenty (20) businesses and government agencies in 's Greater Accra Region participated in this qualitative study. Based on the results, it seems that HR analytics aids in a more efficient hiring process, which in turn boosts productivity and helps businesses hold on to their most valuable workers. Few businesses use HR analytics because they either don't see the value or don't have the means to implement it. There is a significant gap between the potential of analytics and its actual application in low and medium income nations, despite the fact that analytics is widely used in wealthy economies. To better train the future generation of industry leaders, it is suggested that higher education and professional development institutions reevaluate their curricula and include HR analytics courses. This study contributes to the expanding body of literature on HR analytics and gives businesses a road map for developing HR strategies to address the challenges of HR management.