Hi, could somebody help me with details about the applications of statistics in management and HR .
From India, Tiruchchirappalli
From India, Tiruchchirappalli
Hi Sruti,
Statistics is widely used in HR in many areas. the following are the ones which I can remember offhand. I hope other members join me in completing the list.
1. Compensation survey
2. Perfomance management
3. Employee Satisfaction Survey
4. Training feedback evaluation
Apart from these, Statistics can be applied wherever quantitative analysis needs to done such as in the case of MIS reports for HR.
Regards,
Anuradha
From India, Pune
5Statistics is widely used in HR in many areas. the following are the ones which I can remember offhand. I hope other members join me in completing the list.
1. Compensation survey
2. Perfomance management
3. Employee Satisfaction Survey
4. Training feedback evaluation
Apart from these, Statistics can be applied wherever quantitative analysis needs to done such as in the case of MIS reports for HR.
Regards,
Anuradha
From India, Pune
Hi Sruti,
In addition to anuradha's points i may like to add Statistics is applicable in HR in the following areas
1)Operational Research Techniques in HR
2)Human Resource Accounting
3)Aquisitions, Mergers, Restructuring and Downsizing(Placement, Best Mix)
4) Collective Bargaining (Management's Charter of Demand)
5) HR Budgeting
Regards,
SC
From India, Thane
In addition to anuradha's points i may like to add Statistics is applicable in HR in the following areas
1)Operational Research Techniques in HR
2)Human Resource Accounting
3)Aquisitions, Mergers, Restructuring and Downsizing(Placement, Best Mix)
4) Collective Bargaining (Management's Charter of Demand)
5) HR Budgeting
Regards,
SC
From India, Thane
Hi,
i guess to measure the effectivness of HR deptt,most of the issuses are data based,let it be Training,Man Power,Performance App,QC circles,5'S policy,Kaizen,MUDAS etc.
So we cant say that now HR is not data based,Mgt sees the result of HR Deptt,and like any other Deptt,Mgt wants HR Deptt to ready with data,reason being Datas makes the process of analysis easy,more accurate and less of history.
Thanks
Promila
From India, Delhi
i guess to measure the effectivness of HR deptt,most of the issuses are data based,let it be Training,Man Power,Performance App,QC circles,5'S policy,Kaizen,MUDAS etc.
So we cant say that now HR is not data based,Mgt sees the result of HR Deptt,and like any other Deptt,Mgt wants HR Deptt to ready with data,reason being Datas makes the process of analysis easy,more accurate and less of history.
Thanks
Promila
From India, Delhi
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Using Modeling and Simulations in Practical Business Applications 2 - 3 December 2010.doc