In today’s fast-changing economy, it is increasingly critical for organizations to define their human capital for the future as a key source to being a competitive advantage. The best analytical process HR should use to determine strategy includes:   1. Using analytics that involve providing direct evidence of specific cause–effect relation-ships.   2. Data is collected and analyzed relative to specific outcomes.   3. Looking at data for pay satisfaction to determine impact retention or, conversely, turnover.   4. All of the above.   5. Only numbers 1 and 2.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter12: Managing Human Talent
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In today’s fast-changing economy, it is increasingly critical for organizations to define their human capital for the future as a key source to being a competitive advantage. The best analytical process HR should use to determine strategy includes:

  1.

Using analytics that involve providing direct evidence of specific cause–effect relation-ships.

  2.

Data is collected and analyzed relative to specific outcomes.

  3.

Looking at data for pay satisfaction to determine impact retention or, conversely, turnover.

  4.

All of the above.

  5.

Only numbers 1 and 2.

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