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How to Think “Strategically” about Workforce Planning

EDSI

SWP is critical because it helps maintain a focus on longer-term workforce development and business goals. SWP is the framework around which companies can build a longer-term plan to overcome fire-fighting tactics. This powerful tool has the ability to cause significant change and, perhaps most intriguing, truly align workforce planning activities with business goals.

Workforce Planning 101 [Infographic]

Visier

As Vice President of Workforce Management Practice and Principal Analyst at Brandon Hall Group Mollie Lombardi wrote in this Workforce Planning blog post last year: “Workforce planning is tricky business. Not just because of the complexity entailed in the process, but because if you ask four people what workforce planning is, you’ll likely wind up with five definitions.”. So, what is Workforce Planning? Workforce Analytics supports Workforce Planning by: Connecting workforce data to uncover insights.

The Role Of HR Analytics In Workforce Planning

Get Hppy

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront  new challenges in finding and retaining the right employees. The challenge of workforce planning. via Forbes.

Is Workforce Planning Really Necessary?

The Business of Talent Management

So many organizations have had starts and stops with workforce planning, yet they continue to march right along achieving successful outcomes. As such, many leaders contend, “We’ve done well without a workforce planning process. Why, First, not many business leaders know what workforce planning should look like in 2016. Why, then, do we need one now?”

How to Keep HR and Finance in Sync on Workforce Planning

Visier

Before the catch, the receiver typically runs a pre-planned route on the field to escape coverage from the defensive team and get into an open space for the catch. When it comes to workforce planning, it’s just as critical that all the players involved are in sync. In this early stage, the core workforce plan is created, agreed upon, and distributed. Monitoring.

Workforce Planning Collaboration: The Talent Acquisition and HR Partnership

Visier

But there’s a case to be made that workforce planning is the one process that creates the highest level of risk for the organization if stakeholders don’t work together adequately. The challenge for HR, however, is that creating a workforce plan requires juggling a staggering number of inputs. The collaboration can’t come to a halt once the plan has been created.

Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

According to a survey by the National Council of State Board of Nursing and the Forum of State Nursing Workforce Centers, 55% of registered nurses (RN) are age 50 or older. Healthcare providers have a unique driver to connect their workforce decisions to business outcomes: cost of healthcare delivery, and patient outcomes and satisfaction. million people in the U.S.

5 Steps for Strategic Workforce Planning

The Predictive Index

talent assessment Cognitive Ability Assessment Behavioral Assessment Require, Hire, Inspire management workshops business plan strategic workforce planningBy Drew Fortin.

3 Ways the Gig Economy Should Be Changing Your Workforce Planning Now

TLNT: The Business of HR

Contract Labor Employee Classification Part-Time Workforce Planning FeaturedFreelancer. To some, the word sounds like a synonym for someone too lazy or unqualified to work a ‘real job.’ But I’ve found that working with freelancers has been integral to my success as an entrepreneur.

Maximizing Team Performance with Workforce Planning

New to HR

Workforce planning consists of a set of strategies engineered to maximize the use of resources to accomplish goals , estimate and plan for progress and outline the basis of decision-making techniques while anticipating the needs of the business in the future. The IPMA recommends that all workforce planning models are written in consideration of the “ present workload, workforce and competencies ,” while comparing the results of this with “ future needs to identify gaps and surpluses.”. Performance Management HR Metrics Team Building

How Automated Workforce Planning Can Free Managers For Strategic Tasks

TLNT: The Business of HR

An organization’s workforce is also, however, its most expensive asset, and workforce management (the development of employees, retention of skilled talent, etc.) is consistently cited as one of the top issues facing organizations today. HR News & Trends HR Technology Best practices Change management HR management HR News HR trends strategic planning strategy Technology

Automated Workforce Planning: Tactical or Strategic?

Great Place to Work

An organization’s workforce is also, however, its most expensive asset, and workforce management (the development of employees, retention of skilled talent, etc.) is consistently cited as one of the top issues facing organizations today. In a recent Aberdeen report, 60% of all organizations reported a need to improve workforce planning capabilities as a driver of their total workforce management efforts. An organization’s most critical assets are its employees. No one bothers to argue against that point any more. Blogs

4 Ways to Improve Workforce Planning

Peoplefluent

Ways to Improve Workforce Planning By Kevin Grossman. As hiring models continue to shift, and more companies rely on a blended workforce of full-time, part-time, temporary and contingent workers to meet business goals, many organizations are challenged to effectively manage and plan for their complex workforces. Tuesday, July 23, 2013 :00am.

Introducing New Workforce Planning Capabilities in Workday

Workday

Workday just received some incredible recognition in "The Forrester Wave™: SaaS HR Management Systems, Q4 2014," published by Forrester Research, Inc. We are very honored by this recognition of our commitment to developing great products and our passion for creating delightful customer experiences. Yet here’s the thing: With leadership, you’re never resting. You have a huge responsibility to keep innovating and finding new ways to deliver value in the marketplace

Workforce Planning and the ‘Busted Generation’

SuccessFactors

Workforce Analytics & Planning Boomers Gen 2020 Gen X Karie Willyerd Millennials The 2020 Workplace workforce planning By Dr. Karie Willyerd, Vice President, Learning & Social Adoption, SuccessFactors, an SAP Company They say three’s a crowd, so what will they say when five generations work together? Millennials are on their way in, but Boomers are in no hurry to make their way out. In fact, American workers are increasingly putting off retirement. […].

TRUMP AND WORKFORCE PLANNING: The Number of FTEs in Donald's Organization Suggest He Can't Win.

The HR Capitalist

Instead, contribute to the commentary with what you know - how to build teams, do organizational planning and recruit great people. Damn - This presidential cycle is rough. You don't trust Hillary and are scared to death of Trump. Then your fringe friends post on Facebook and espouse the benefits of Bernie - are are actively having a wake for America. You want to respond.but.

A House Divided: The State of Strategic Workforce Planning

ADP

A House Divided: The state of Strategic Workforce Planning While employers know that there is a tough road ahead for employee training and Strategic. ADP News Human Capital Management Progress ADP Research Institute

Ep 88 – Workforce Planning Strategies That Will Change Your Business

Workology

It’s not just about recruiting but about something much larger and broader. I’m talking about workforce planning and associated strategies. Episode 88: Workforce Planning Strategies to Elevate Your Business with John Baldino ( @jbalive ). During last month’s SHRM Annual Conference in Washington, DC, I sat down with John Baldino to talk about workforce planning basics and strategies. Workforce planning is a very complex topic, and frankly, one I haven’t written or talked much about. What is Workforce Planning?

Why We Will All Love the New HR

Visier

But in a world where workforce costs dominate total operating expenses — averaging nearly 70% of costs — businesses can no longer afford to have HR take a backseat or keep to the status quo. . The Bureau of Labor Statistics has projected the need for over 1 million nurses in the workforce by 2022. Failed to Plan? The New Workforce Planning — And The New HR.

CHRO 75

Workforce Planning for Wise Business Decisions: Notes on Aquire Wisdom 2012

Peoplefluent

Workforce Planning for Wise Business Decisions: Notes on Aquire Wisdom 2012 By Jim Bowley. Workforce planning represents a powerful way for businesses to make talent management decisions based on fact, not on intuition. Wednesday, May 9, 2012 :00am. The following are some highlights from these sessions: Read More » read more

CSI for HR? Test the Workforce Planning Waters Today With This Forensic HR Template

Visier

Getting started with strategic planning means that you need to think about the big ideas driving your business over the next year, and ask: What are those strategic objectives that are the focus of the executive team? Once you know the answer, you just have to figure out how to tie those to actions that affect the workforce. Make Workforce Planning a Regular Habit.

Practical Building Blocks for Strategic Workforce Planning

Workforce Software

Dec 9, 2015 2:00 pm EST - 3:00 pm EST

How HR Can Improve The Business Bottom Line?

Visier

When customers start using Visier, they often tell us the stories that led them to seek out a workforce intelligence solution. Due to the lack of accuracy in the workforce planning process, the business lost eight months of financial gains. Why planners pad workforce expense budgets. An option is to run a parallel planning cycle for a year and compare the results.

HR Analytics – HCI Talent Strategy and Workforce Planning conference

Strategic HCM

As well as the books, I’ve been re-reviewing the Human Capital Institute’s recent Talent Strategy and Workforce Planning conference (which I’ve also already posted on here ). Although this was mainly focused on, as the name suggests, talent strategy and workforce planning, it included a lot of broader stuff on analytics too. Events HR measurement

How Cisco Is Getting to Know Each of Its 70,000 Employees

TLNT: The Business of HR

Future of HR HR Insights Organizational Leadership Planning Succession Planning Workforce Planning FeaturedBoston’s Fenway Park seats an average of 37,000 people. Sell Fenway Park out twice and that’s roughly the number of employees at Cisco Systems. Try to understand the immense benefit – the outcomes – of that transparency.

How to Make Workforce Planning a Daily Practice

Workday

Global workforce planning was top-of-mind at the HR Tech Europe Conference, and also a discussion among customers at our recent Workday EMEA HR Executive Advisory Board meeting As we approach a new year, thoughts turn to how businesses can grow and develop their talent pools in 2014 and beyond.

How To Build A Strategically Valuable Talent Pipeline

TLNT: The Business of HR

Sourcing Succession Planning Talent Acquisition Workforce Planning FeaturedWhen we hire, we are bent on finding talent with performance that soars, an attitude of learning and an interest in the long haul. Tack on the pressure to fill empty seats during crunch time and a great team dynamic might feel unobtainable.

How Business Intelligence Will Transform HR

TLNT: The Business of HR

TMA’s  2016 Human Capital Analytics Summit made it clear to me that despite the  enormous financial benefit of an engaged workforce , the practice of collecting good data, providing thoughtful analysis, and applying that information to drive business results is in its infancy. HR Insights HR Trends Workforce Planning Data Featured metrics

Here’s What You Need to Know Before Hiring Gig Workers

TLNT: The Business of HR

Contract Labor Labor Market Talent Acquisition Workforce Planning candidates FeaturedUnless you’ve been stuck in suspended animation for the last three years, you’ve no doubt been inundated with information — and opinions — about the gig economy.

How to establish effective retention strategies that stick

The Predictive Index

Employee Onboarding Hiring, Selection, Onboarding hiring job training happy employees employee retention strategic workforce planning retentionBy Elsbeth McSorley.

Comparing DiSC vs. The Predictive Index

The Predictive Index

Hiring, Selection, Onboarding Assessments Cognitive Ability Assessment Behavioral Assessment workplace team work hiring interviews job training resume strategic workforce planningBy Drew Fortin.

How Workforce Analytics Helps Prevent Another Bad Hire

Visier

However, the opposite proved to be true: when the organization started using Visier’s workforce intelligence solution , the analytics revealed that the so-called “high scoring” candidates (who were hired!) What led to improvements was a proper workforce intelligence solution that showed the end-to-end results of the hiring process. Test Theories and Workforce Planning Scenarios.

Integrating Human Capital and Workforce Planning

Strategic HCM

If you get IHRIM’s Workforce Solutions Review, do take a look at this article in the new December 2011 / January 2012 edition. This is the exec summary: “The increasing use of strategic workforce planning is a welcome development in the HR profession. This embedding of workforce planning is particularly important when operating in today’s turbulent economic environment.”

HR’s New Year Resolution: Move Up the Workforce Intelligence Maturity Curve

Visier

While workforce analytics and workforce planning are increasing in priority , most organizations have not progressed to take advantage of the opportunity that workforce data provides. This provides little in efficiency and, more critically, little business impact that comes from connecting workforce data to business outcomes. Level 1: Reactive. Moving Up.