Topic
Usefulness of Workforce Analytics in Managing a Merger between Two Multinationals from Different Countries of Origin
Instructions
- What problems would you anticipate, and why, if multinational companies continue to rely on parent (home) country nationals in managing their overseas subsidiaries? Critically discuss how management should respond to these problems.
- Discuss how useful is Workforce Analytics (Huselid, 2018) to managing merger between two multinational firms from different country-of-origins.
Answer Preview
In addition, workforce analytics is conceptualized as an algorithm-based model that is used to process, analyze and represent employee data. The goal of such a model is to create and provide evidence on the value of return-on-investment for the decisions involving workforce (Levenson, 2018, p. 686). These could include providing data-driven justifications for hiring an employee, promoting specific workers, and setting particular remunerations and appreciations for high potential workers within a firm. Effective workforce analytics offer actionable insights on how to manage workforce planning in the future, including whether to downsize the human resources, among other relevant considerations (Wang and Cotton, 2018, p. 761). Because the field is concerned with talent management and focused on people data analysis, workforce analytics is a resourceful model for human resource management when they want to determine whether the available workforce is working in the most productive manner to achieve the highest possible outcomes for the firm (Marler and Boudreau, 2017, p. pp. 3-5). If the available talent is operating effectively, the workforce analytics can give insights on how to sustain and improve on the situation. If there are areas that need improvement, the workforce analytics can provide evidential and actionable insights on how to enhance performance.
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