Human Resources Articles

The roles & responsibilities of a business analyst is to define, analyze and document requirements, and explore the possibilities in a business idea. Business analysts have become an integral part of ever growing organization. The profile of a business analyst is one of the most sought after by management professionals & MBAs.

Rightly said, “Employees are a company’s greatest assets”. They have the potential to make or break the company in the long run. It is very essential to hire the proper candidate or the “right fit”, who is conducive to creating a positive work culture and environment in line with the company’s goals and values. Today, hiring is not just about qualifications and skills but about a less tangible factor that makes for people to succeed at workplace and makes the organization as a whole, more productive. This factor may be a combination of various elements such as attitude, personality, emotional quotient, adaptability, confidence, leadership skills etc.

Analytics can be defined as the scientific process of transforming data into insights for making better decisions. In simple terms, one can say that analytics is the science of logical analysis while analysis is nothing but the qualitative and statistical data which is gathered from a sample. Analytics generally relies on the simultaneous application of statistics, computer programming and operation research to quantify performance. The whole dynamics of analytics was changed by the sports industry when they started using real-time stats and video analysis and predictive analysis to inform their management, for player development, introducing training methods, scheduling practice sessions etc.

Today many companies like Google, Adobe, KPMG and Microsoft have dropped the bell curve mechanism for evaluation of performance of employees during yearly Appraisal. Now, Accenture also chose to follow the same path and adopted the Feedback mechanism for continuous evaluation of employees. Earlier, through Bell Curve mechanism Employees were segregated into different baskets like Top performers, Mid performers and Bottom performers. Certain percentage were bound to get top or the worst rating which was not the true indicator of the Individual performances as it was all relative and not absolute. Top performers would get to decide the fate of everyone.

Recruitment simply is an intake process of human resources. Through this process procurement of right person to the right job is done at the right time by evaluating needs and future prospective of the company.

“There’s nothing called as work-life balance. There’s work, there’s life and there’s no balance” – Jack Welch

This is one of the burning issues in today’s scenario – maintaining the work-life balance. People struggle to maintain it. The bigger question is – Has anyone ever been able to find that balance? May be not. Nobody can clearly explain what work-life balance is.