APPLYING OF ABC PRINCIPLES TOWARDS WORKFORCE ANALYSIS AND EMPLOYEES’ CONTRIBUTION TO ORGANIZATIONAL SUCCESS

Authors

  • Dr. P. Mohan Kumar, Dr. S.B. Anil Kumar, Mr. Kottala Chakradhar, Author

Abstract

This research explores the application of ABC (Always, Better Control) analysis principles in workforce management to evaluate employee contributions to organizational success. Traditionally employed in inventory management, ABC analysis classifies resources based on value and criticality. Applied to human resource management, it identifies key contributors (A category), moderately critical employees (B category), and low-priority roles (C category). This categorization aids in prioritizing resource allocation, training, and talent retention strategies, enhancing organizational efficiency. The study integrates qualitative and quantitative data to examine employee performance metrics, organizational impact, and resource optimization. It highlights the potential of ABC principles in fostering data-driven decision-making, improving employee engagement, and aligning workforce capabilities with strategic goals. By bridging the gap between resource management theories and human resource practices, this research offers a novel perspective on leveraging ABC analysis for sustained organizational growth and competitiveness.

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Published

2024-12-03

Issue

Section

Articles

How to Cite

APPLYING OF ABC PRINCIPLES TOWARDS WORKFORCE ANALYSIS AND EMPLOYEES’ CONTRIBUTION TO ORGANIZATIONAL SUCCESS. (2024). ACTA SCIENTIAE, 7(2), 594-600. https://periodicosulbra.org/index.php/acta/article/view/155