The Human Capital in an Organization

Big data analytics can be used by company to make informed business decision by examining large amount of varied data to get customer preferences, market trends and other useful information. Company can use it to explore new revenue opportunities, improved operational efficiency, better customer service and competitive advantages over rivals.

Levenson, A. (2014). The Promise of Big Data for HR. People & Strategy, 36(4), 22-26.

As big data encroaches into the business sector, the fundamentals of human resources are changing. In his article “They 're Watching You at Work,” John Peck describes this phenomenon as “people analytics,” the concept that the value of a worker can be compiled into a file of data. Peck claims that data analysis tests can accurately evaluate the skills and promise of potential employees, and thus will revolutionize the hiring system and abolish bias by eliminating interviews. Peck 's argument in support of people analytics is only somewhat successful, because although he cites a variety of studies and provides an vast abundance of evidence, he does not resolve the pressing doubts from his

Human capital is an important aspect of an individual's life that are affected by their education, training, and health. In order to optimize my human capital, I plan on continuing my education and pursuing a chemistry degree or taking part in a pharmacy program to be able to receive my Pharm. D. In order to accomplish this goal, I am interested in the pharmaceutical program offered by the Florida Agricultural and Mechanical University. The program that they offer would allow me to receive my pharmacy degree in six years and be guaranteed a job shortly after graduating. Another option would be to attend a school that focused primarily on pharmaceuticals such as the Massachusetts College of Pharmacy and health sciences. Throughout my schooling, I would like to shadow or intern for a professional in the field so I am able to better understand the qualities and aspects that pharmacists have to be equipped with.

The ability of companies, governments and healthcare to harness data is important to find hidden information about how things are working in their organization. These organizations can then decide how thing should work and how things might work better depending on management decisions. Companies and governments use big data to track and analyze processes and customers for profit and efficiency. In healthcare big data is analyzed to understand how effective treatments and facilities are and make necessary changes. The bigger the data set the more necessary it is to use proper analytic techniques, types of analytic techniques are descriptive, predictive and prescriptive.

This article offers a view of the technical and non-technical requirements of making big data a successful endeavor for an organization. To achieve this goal the 10 step process if big data is defined, the data mining technologies are reviewed and data platform issues are briefly discussed.

Big Data is an expansive phrase for data sets so called big, large or complex that they are very difficult to process using traditional data processing applications. Challenges include analysis, capture, curation, search, sharing, storage, transfer, visualization, and information privacy. In common usage, the term big data has largely come to refer simply to the use of predictive analytics. Big data is a set of techniques and technologies that need or require new forms of integration to expose large invisible values from large datasets that are diverse, complex, and of a massive scale. When big data is effectively and efficiently captured, processed, and analyzed, companies

Education and wellbeing are fundamental targets of improvement; they are imperative closures in themselves. Wellbeing is key to prosperity, and education is crucial for the delightful and compensating life; both are central to the more immense thought of extending human limits that lie at the heart of the importance of improvement.Not one person has accomplished sustained economic improvement without generous interest in human capital. The aspect and importance of human capital in moving the tread of economic growth can't be embellish. The advancement of human capital has been perceived by financial analysts to be a key necessity for a nation's financial and political change.

According to Csintalan and Badulescu (2015), human capital refers to a stock of skills, knowledge, creativity, social and personality attributes, qualification of a worker (innate or acquired) that contribute to its productivity and ability to produce economic value (p. 668). Human capital is an impalpable quality that is not possessed by the establishment employing the workers, but rather renting these competencies from the employees. These rented skills may be the most valuable assets needed to support educators in an educational organization. For instances, education has the teacher as employees, and some of the skills necessary in the classroom are patience, adaptability, teamwork, communication, and leadership. The skills described

Big data is an interesting concept, in which people use data to analyze trends, patterns, and associations and make use of these revelations to predict outcomes. You are using data every day that is being recorded to identify people’s desires and requests, and more specifically your desires and requests. Big data is used in retail, government, healthcare, car companies, and education, basically everywhere. Big data can allow for great advancements and prevention in all aspects of life, more specifically in healthcare. Big data is important to healthcare, because it can allow professionals to identify who has a greater risk of a disease and thus allows early detection and prevention. It allows tracking which medicine is more effective than the other. It allows for healthcare providers to have better records and accuracy in each and every patient. Big data is important to healthcare and here is why.

New organizations can leverage Big Data in such a way that it provides benefits that can prove valuable especially to an organization seeking to establish itself and grow. One of these benefits is faster and better decision making. Particularly with the analytics of Big Data, organizations have access to real-time data

Business thrive when they have the most accurate, up-to-date, and relevant information at their disposal. This information can be used for a plethora of pertinent markers in small and large businesses, relating to accounting, investments, consumer activity, and much more. Big data is a term used to describe the extremely large amounts of data that floods a business every day. For decades, big data has been a growing field, facing controversy on many levels, but as of late, it has been a major innovator in the challenge of making businesses more sustainable. Big data is often scrutinized for its over-generalization and inability to display meaningful results at times. When applied correctly, data analysis can bring earth-altering information to the table.

Today, data is a growing asset that various businesses are having difficulty converting into a powerful strategic tool. Companies need help turning this data into valuable insight, which can diminish risk and enhance returns on investments. Companies are struggling to make sense and obtain value from their big data. Superior and reliable

Big data is an extensive collection of structured and unstructured data. It is a modern day technology which is applied to store, manage and analyze data that are not possible to manage, store and analyze by using the commonly used software or tools. Since all of our daily tasks are overtaken by the modern technologies and all the businesses and organizations are using internet system to operate, the production of data has increased significantly in past

In fact, people analytics will soon replace routine and monotonous tasks that kill employees’ creativity and reduce productivity. With increased role of Big Data and Artificial Intelligence in people analytics, employers are better decision makers in optimizing the human capital and utilizing their talent more efficiently and effectively. So, a great compatibility between human wisdom