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

In: Human Resource Development in South Korea

Author

Listed:
  • 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)

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.

Suggested Citation

  • Seung Won Yoon & Chungil Chae & Sungjun Kim & Joonghak Lee & Youngchan Jo, 2020. "Human Resource Analytics in South Korea: Transforming the Organization and Industry," Springer Books, in: Doo Hun Lim & Seung Won Yoon & Daeyeon Cho (ed.), Human Resource Development in South Korea, chapter 0, pages 159-180, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-54066-1_9
    DOI: 10.1007/978-3-030-54066-1_9
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    Cited by:

    1. Khansa Hayat & Maryam Hafeez & Kanwal Bilal & Malik Shahzad Shabbir, 2022. "Interactive Effects of Organizational Structure and Team Work Quality on Project Success in Project Based Non ProfitOrganizations," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 84-103, March.

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