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Big data analytics can provide several benefits to human resource (HR) management: 1. It allows companies to sift through large applicant pools to identify and recruit the most qualified candidates. 2. Data reveals which recruitment channels are most effective, helping HR prioritize efforts. 3. Health and injury patterns among employees can be detected to improve productivity and staffing. 4. Training programs can be evaluated and improved using data on their effectiveness. 5. Top performers can be identified and rewarded while underperformers receive additional support. 6. Reasons for employee turnover are revealed to implement retention programs. 7. Future HR needs can be forecasted based on trends identified in

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Ikhsan Wijaya
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117 views28 pages

Bda 1

Big data analytics can provide several benefits to human resource (HR) management: 1. It allows companies to sift through large applicant pools to identify and recruit the most qualified candidates. 2. Data reveals which recruitment channels are most effective, helping HR prioritize efforts. 3. Health and injury patterns among employees can be detected to improve productivity and staffing. 4. Training programs can be evaluated and improved using data on their effectiveness. 5. Top performers can be identified and rewarded while underperformers receive additional support. 6. Reasons for employee turnover are revealed to implement retention programs. 7. Future HR needs can be forecasted based on trends identified in

Uploaded by

Ikhsan Wijaya
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BSM

Dr Jerry Heikal
What is Data Mining in Big Data Analysis
What is Data Mining in Big Data Analysis
Evolution of Database Technology
Rapid Growth of Data
Big Data Analytic Stage
Big Data Analysis Multiple Discipline
Steps Involved in Big Data Analytics (KDD Process)
Big Data Analysis Techniques
Big Data Analysis Tools for Non Programmers
Big data benefits on HR analytics
1. Recruit the best talent : Organizations have many competitors, it can be a real challenge to attract the most
talented professionals. HR managers can filter through thousands of resumes and narrow down their search
to the most promising prospects.
2. Prioritize recruitment channels : big data can reveal which recruitment channels are delivering results and
which ones aren’t very effective. If an organization finds they are having more success with internal
recruitment rather than online job boards, they may prioritize internal recruitment efforts over external
initiatives.
3. Detect employee health and injuries : The reality is that if many employees face health issues and injuries,
an organization will be less productive and profitable. Big data allows HR managers to detect and prepare for
common health issues in their organizations. For example, it may reveal that employees are often sick
between November and January, prompting the hiring of additional temporary staff during this time period.
4. Improve training : Big data gives organizations the opportunity to measure how effective a potential training
initiative, which can reduce the risk of training programs that lead to poor employee retention.
5. Enhance employee motivation and engagement : Organizations can identify and reward top performers.
Big data can reveal if employees are facing performance problems and in need of additional training and/or
resources.
6. Employee retention : By using big data, HR managers can quickly figure out what causes employees to
leave and implement programs to increase retention. While recruiting and training a new employee is
expensive, losing an employee can cost even more.
7. Forecast the future : Organizations can view HR patterns and trends, and use that information to make
predictions about the future. Future forecasting provides HR managers the chance to improve their long-term
HR strategy and avoid issues with hiring, retention, and performance down the road.
8. Employee Engagement : Finding out what inspires employees, what they don’t care about, and what deters
them enables employers to motivate their teams to perform better.
What is Regression?

• A way of predicting the value of one variable from another.


• It is a hypothetical model of the relationship between two
variables.
– The model used is a linear one.
– Therefore, we describe the relationship using the equation of a straight
line.
– Remember that a straight line is: y = mx + b
Purpose of Regression Analysis

• Regression Analysis is Used Primarily to Model Causality and


Provide Prediction
– Predict the values of a dependent (response) variable based on values of
at least one independent (explanatory) variable
– Explain the effect of the independent variables on the dependent
variable
Types of Regression Models
Positive Linear Relationship Relationship NOT Linear

Negative Linear Relationship No Relationship


Simple Linear Regression Model

• Relationship Between Variables is Described by a


Linear Function
• The Change of One Variable Causes the Other
Variable to Change
• A Dependency of One Variable on the Other
Simple Linear Regression Model
(continued)

Population regression line is a straight line that describes the dependence of the
average value (conditional mean) of one variable on the other
Population Random
Population Slope Error
Y intercept Coefficient

Yi      X i   i
Dependent
(Response) Population

Independent
Variable Regression (Explanatory)
Line Y|X Variable
(conditional mean)
Simple Linear Regression Model
(continued)

Y (Observed Value of Y) = Yi      X i   i

i = Random Error 

Y | X      X i
 (Conditional Mean)

X
Observed Value of Y
Linear Regression Equation

Sample regression line provides an estimate of the


population regression line as well as a predicted
value of Y
Sample
Sample Slope
Y Intercept Coefficient

Yi  b0  b1 X i  ei Residual

Ŷ  b0  b1 X  (Fitted Regression Line, Predicted Value)


Simple Regression Equation
Multiple linear regression…
• More than one independent variables can be used to explain
variance in the dependent variable, as long as they are not linearly
related.
• A multiple regression takes the form:
y = A + β1 X 1 + β2 X 2 + … + β k X k + ε
where k is the number of variables, or parameters.
• Each regression coefficient is the amount of change in the outcome
variable that would be expected per one-unit change of the predictor,
if all other variables in the model were held constant.
Summary of Linear Regression
• Simple regression is a way of predicting one variable from another.
• We do this by fitting a statistical model to the data in the form of a straight line.
• This line is the line that best summarises the pattern of data.
• We have to assess how well the line fits the data using:
– R squared which tells us how much variance is explained by the model compared to
how much variance there is to explain in the first place. It is a proportion of variance in the
outcome variable that is shared by the predictor variable.
– F, which tells us how much variability the model can explain relative to how much it
can’t explain (i.e., it’s the ratio of how good the model is compared to how bad the model is).
– The b-value, which tells us the gradient of the regression line and the strength of the
relationship between a predictor and the outcome variable. If its significant (Sig. < 0.05 in the
SPSS table) then the predictor variable significantly predicts the outcome variable.
Applications of Big Data Analytics in Agribusiness
Applications of Big Data Analytics in Agribusiness
Key Features of BSM Services in the Future (1/2)
Key Features of BSM Services in the Future (2/2)
Thank you

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