Earlier, the function of human resources is associated with the person who handled employee paperwork and personnel files. But today, the role of HR has become a much more important and dynamic. Some companies even refer to HR's activities as human capital management (HCM) to reflect the strategic and leadership-oriented nature of the department. It was also found that HR experts shared their insights for companies who are looking to provide the best Human Capital management for their workforce. Few things that HCM takes care of: -1) Look beyond recruiting and onboarding. 2) Learn the best way to manage each employee. 3) Invest in the right technology. 4) Take a positive, but transparent approach to communication. 5) Continue to change with the times. To read more about HCM, follow the article by Nicole Fallon(Assistant Editor at Business News Daily) at: http://www.businessnewsdaily.com/8145-human-capital-management.html

Today data and analytics wave has replaced the HR and people management. Human resources are one of the most data rich functions in most business. Earlier the data were mostly ignored or just kept in tables and charts but now data analysis has used such data and helped predicting when will employees leave, from where they can grab most suitable candidates and how to identify and retain most talented employees. HR departments are now crunching their data and easily taking decisions for recruitment. Earlier it was not so easy for HR's to look around the globe for hiring but now they can do just by sitting in a room, analyzing data without looking at the globe. Read more at:http://www.smartdatacollective.com/bernardmarr/334941/how-hr-can-use-big-data-smart-way-hint-most-are-not

While some industries are beginning to see the transformational capacity of big data and predictive analytics, these methods haven't quite panned out for supply-chain managers. The reason is that the largest obstacles happen to be the cost of hiring experienced employees. Researchers Matthew Waller and Stanley Fawcett write in a paper that the convergence of predictive analytics and big data has the capacity to change the way in which supply-chains managers lead. The goal is to increase the understanding of how to utilize big data efficiently and develop a new breed of supply chain leaders that are experienced in using data and analytics judiciously. A recent Wall Street Journal article quoting a survey by The Economist points out that while most companies see the value in using predictive analytics and big data to eliminate increasingly complex issues within their supply chains, they still perceive the cost of deployment as too high.Read more at: 

http://sloanreview.mit.edu/article/are-predictive-analytics-transforming-your-supply-chain/