The Business Analytics System
Global Human Resource Information systems are generally very rich in business analytics applications, including Online Analytical Processing (OLAP), data mining, and advanced analytics applications based on statistics, forecasting and predictive analytics. These applications can not only give answers to questions such as, ―What happened? Why did it happen?‖ but also can enables the user to predict and influence the future. The advanced analytics can answer deeper human resource questions, such as ―In what ways human capital investments will contribute to business performance?‖, ―How much do human resource activities impact employee performance?‖, or ―What skill needs and opportunities lie ahead?‖