Two Approaches for Qualitative Data in HR Demand Forecasting

What are the two approaches used to gather qualitative data to forecast HR demand?

A. Nominal group and Delphi techniques

B. Regression analysis and nominal group techniques

C. Scatter plot and Delphi techniques

D. Trend analysis and scatter plot techniques

Answer:

Two approaches used to gather qualitative data to forecast HR demand are the Nominal group and Delphi techniques.

Two approaches used to gather qualitative data to forecast HR demand are the Nominal group and Delphi techniques. These methods involve expert input either through group consensus or structured questionnaires to reach a consensus on HR needs.

The approaches used to gather qualitative data to forecast HR demand are the Nominal group and Delphi techniques. These are distinct from quantitative methods such as regression analysis and trend analysis, which rely on numerical data and statistical analysis to forecast demand.

The Nominal group technique involves a group of knowledgeable individuals who generate ideas and solutions through a structured process of sharing perspectives and collectively prioritizing them. Conversely, the Delphi technique is a method for eliciting opinions and forecasting by collecting and synthesizing the judgments of experts over multiple rounds, usually through questionnaires, to reach a consensus.

Both the Nominal group and Delphi techniques are strategic tools for HR planning and decision-making, as they allow organizations to leverage expert insights and perceptions to predict HR needs without relying on historical quantitative data.