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An investigation into the impact of human resource analytics on strategic decision making in the financial services industry

Author

Listed:
  • Ahmad Y.A. Bani Ahmad
  • Srinivas Kolachina
  • Prasuna Sankar Kuragayala
  • E. Hymavathi
  • Dilmurod Nasimov
  • Meeta Joshi

Abstract

This research study intends to investigate how strategic decision-making in the Indian financial services sector in Guntur is affected by HR analytics. The study employs a quantitative research design and includes 88 HR professionals working in Guntur's banking and financial services industry as its sample size. Since the dawn of the 21st century, information technology, defined by electronation, technological advancement, and networking, has advanced swiftly worldwide. Technological innovation has already touched the economy and society, which has also altered the planet's political, social, cultural, and economic landscape. Data is collected via a questionnaire on HR analytics, strategic decision-making, and their effects. The study reveals that HR analytics improves financial services strategic decision-making. HR analytics enable data-driven hiring, training, and performance management decisions. HR analytics may also assist companies identify areas for improvement and implement adjustments to improve performance. This study strengthens the case for HR analytics in financial services. The report recommends HR analytics to improve strategic decision-making.

Suggested Citation

  • Ahmad Y.A. Bani Ahmad & Srinivas Kolachina & Prasuna Sankar Kuragayala & E. Hymavathi & Dilmurod Nasimov & Meeta Joshi, 2025. "An investigation into the impact of human resource analytics on strategic decision making in the financial services industry," International Journal of Electronic Finance, Inderscience Enterprises Ltd, vol. 14(3), pages 285-302.
  • Handle: RePEc:ids:ijelfi:v:14:y:2025:i:3:p:285-302
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