Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets

Abstract Employee churn or attrition presents significant challenges, especially in emerging markets, where it can disrupt business operations and inflate recruitment costs. This research leverages machine learning techniques to predict employee churn, focusing on developing sustainable and inclusive retention strategies that enhance business competitiveness. By analyzing a range of predictive algorithms and key variables associated with churn, the study identifies the most effective models for predicting attrition. A comprehensive exploratory data analysis was conducted using an indigenous machine learning model, offering practical insights for human resource management in emerging markets. The findings align with the sustainable development goals (SDGs), promoting decent work, and economic growth. This study contributes to business strategy by proposing data‐driven solutions for workforce stability and sustainable development.

Authors

Institutions

Publication Details

Journal
Business Strategy & Development
Published
2024-11-05
DOI
https://doi.org/10.1002/bsd2.70039
Citations
5
Primary Topic
AI and HR Technologies
Type
article
Field-Weighted Citation Impact
3.37
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets

Poorva Agrawal, Bablu Kumar Dhar, Nilesh Prakash Nirmal, Seema Ghangale
5 citations
Business Strategy & Development
AI and HR Technologies
3.37
article

Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets

Poorva Agrawal, Bablu Kumar Dhar, Nilesh Prakash Nirmal, Seema Ghangale
article en
5 citations

Abstract

Abstract Employee churn or attrition presents significant challenges, especially in emerging markets, where it can disrupt business operations and inflate recruitment costs. This research leverages machine learning techniques to predict employee churn, focusing on developing sustainable and inclusive retention strategies that enhance business competitiveness. By analyzing a range of predictive algorithms and key variables associated with churn, the study identifies the most effective models for predicting attrition. A comprehensive exploratory data analysis was conducted using an indigenous machine learning model, offering practical insights for human resource management in emerging markets. The findings align with the sustainable development goals (SDGs), promoting decent work, and economic growth. This study contributes to business strategy by proposing data‐driven solutions for workforce stability and sustainable development.

Business Strategy & DevelopmentVol. 7(4)
Daffodil International University (BD), Symbiosis International University (IN), Mahidol University (TH)
Industry, innovation and infrastructure
Openalex Percentile: Top 7%
AI and HR Technologies
3.37
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets — Poorva Agrawal, Bablu Kumar Dhar, et al. · Business Strategy & Development (2024) | TGRS Research Map | TGRS