Human capital - Personnel analysis

Personnel analysis is essential to ensure that Elastotech has the human resources necessary to achieve its business objectives, both in terms of skills and long-term strategic planning.

• Human resources planning: Personnel analysis allows the company to better understand the skills, capabilities, and gaps within its workforce. This understanding helps in developing long-term strategies for human resources planning, ensuring that the company has the right mix of skills to meet present and future needs.
• Employee development: Personnel analysis identifies training and development needs for employees. By identifying missing skills or areas for improvement, the company can provide targeted training programs to help employees develop the skills they need to achieve business objectives.
• Succession planning: With accurate personnel analysis, the company can identify employees with potential to take on leadership or key roles in the future. This helps in succession planning, ensuring that there are individuals ready to take over leadership roles in case of promotions, retirements, or other events.
• Performance evaluation: Personnel analysis provides a basis for objectively evaluating employee performance. This can be useful in identifying employees who excel in their roles and those who may need additional support to improve their performance.
• Change management: During periods of organizational change, such as mergers, acquisitions, or restructurings, personnel analysis can help assess the impact on human resources and manage the transition effectively. This may include assessing the effect on employee morale, operational efficiency, and the need for resizing or retraining personnel.