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Vantage Influencers Podcast

Descriptive HR to Prescriptive HR

23 Oct 2024

Description

HR has always been a vital part of any organization, but the role it plays is evolving lately. We are witnessing a significant shift from descriptive HR, which focuses on analyzing historical data to understand past performance, to prescriptive HR, which leverages advanced analytics to deliver actionable insights and inform future decisions.  Now, this transition is more than just a trend. It's a strategic move that can revolutionize how organizations manage their people, forecast challenges, and create proactive solutions.  To explore this transformation in depth, we're thrilled to have Manisha Kelkar with us for this episode. As the Head of Corporate HR at Nuvoco Vistas Corp. Ltd., Manisha brings extensive experience in driving HR strategy.    Timestamps (01:52) Introduction to Manisha Kelkar and her role at Nuvoco Vistas Corp. Ltd.  (02:58) The difference between Descriptive HR and Prescriptive HR, and why it's important in today's workplace.  (07:56) Discussion on how Prescriptive HR goes beyond identifying trends to provide actionable advice, with examples.  (10:19) Insights into the crucial role data plays in both Descriptive and Prescriptive HR practices.  (12:30) Challenges HR teams encounter when transitioning from Descriptive to Prescriptive HR.  (19:09) How HR can apply Prescriptive HR while maintaining a human-centered approach and avoiding over-reliance on technology.  (21:36) Manisha's thoughts on the future of HR analytics and whether Prescriptive HR will become the new standard. 

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