Data-Driven Workforce Planning: Exploring People Analytics in Delhi SME Startups

https://doi.org/10.34047/MMR.2024.11206

Abstract

This research explores the adoption, implementation, and impact of data-driven workforce planning and people analytics within small and medium-sized enterprise (SME) startups situated in Delhi, India. Through an in-depth analysis of existing literature and empirical studies, the paper investigates factors influencing adoption, challenges faced by startups, and strategies for successful implementation of people analytics. Additionally, the potential impact on organizational performance and employee outcomes, along with key benefits of data driven HRM practices, are examined. Ethical and legal considerations, including compliance with data privacy regulations and ensuring fairness and transparency, are also addressed. The paper concludes by discussing emerging trends, future research directions, and the significance of embracing data-driven approaches for driving innovation and sustainable growth in Delhi’s dynamic entrepreneurial landscape.