Human Resource Analytics in South Korea: Transforming the Organization and Industry

Seung Won Yoon (), Chungil Chae, Sungjun Kim, Joonghak Lee and Youngchan Jo
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Seung Won Yoon: Texas A&M University-Commerce
Chungil Chae: Kean University-Wenzhou
Sungjun Kim: Kookmin University
Joonghak Lee: Lotte Academy
Youngchan Jo: LG Leadership Academy

Chapter Chapter 9 in Human Resource Development in South Korea, 2020, pp 159-180 from Springer

Abstract: Abstract Many large and global companies in South Korea have started adopting Human Resource (HR) analytics in response to growing demands of making evidence-based decisions for the organization’s people-related issues. Organizational leaders as well as HR professionals see HR analytics as an emerging field that is growing in importance. However, frameworks to follow or empirical evidence for adopting HR analytics are scarce yet in the overall landscape of the HR analytics field. Based on the authors’ multiple HR analytics projects experiences from several different companies, this chapter captured the scope, benefits, challenges, lessons learned, and needed support issues. We also emphasized how successful execution and expansion of HR analytics require careful planning on the part of the analytics team for collaboration and buy-in support from business units, and how leaders will need to address the policy, governance, and culture with regard to using and sharing data.

Date: 2020
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DOI: 10.1007/978-3-030-54066-1_9

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