Predictive analysis in HR

This topic contains 5 replies, has 5 voices, and was last updated by  Jayita 2 years, 10 months ago.

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  • #1872
     Seema Kohar 
    Participant

    Hi, I am currently  working towards developing a strategic HR scorecard for an organization and I need to know about some tools which are commonly used for predictive analysis. Can someone help me with such tools?

    #1874
     Sourav Roy 
    Participant

    I think regression analysis can be the one.. u can do it through spss..

    #1875
     Abhirup Bhattacharya 
    Keymaster

    Though, I am not sure if this is the right response, but Pega BPM has a tool known as Next Best Action Marketing (NBAM) Framework that can be used for predictive analytics for marketing firms.

    #1876
     Sarthak Brahma 
    Moderator

    Regression Analysis can surely help. You may begin with the Survival Analysis, Time Series Models to Logistic Regression , Discrete Choice Models and so on.

    #1890
     Sourav Roy 
    Participant

    For strategic HR purposes, i dont think of using high end tools.. however simple SPSS and Minitab will help finding regression or multivariate regression.

    #1953
     Jayita 
    Participant

    Yes, even I don’t think we need very high end tools for Strategic HR. Since you want to prepare a Scorecard, I presume you are looking for cause-effect drivers of employee performance, and in this case a multivariate regression analysis will work fine (according to my knowledge.) You can use SPSS, it is simple and effective.

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