Remove 2015 Remove Analytics Remove Data Remove Workforce Planning

Automated Workforce Planning: Tactical or Strategic?

China Gorman

An organization’s workforce is also, however, its most expensive asset, and workforce management (the development of employees, retention of skilled talent, etc.) Automated workforce management solutions can also help to reduce unplanned overtime.

5 Steps to Avoid Talent Shortfalls Using Data-Driven Workforce Planning

Visier

a big postwar question, and ushered in an era of new revolutionary practices, such as coaching, job rotation, 360-degree feedback, high-potential tracks, and succession planning. Companies with poor workforce planning were at risk of going out of business or being sold off.

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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. Improving HCAHPS Scores with Data-Driven HR. Navigating Nurse Retirement with the New Workforce Planning.

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. Companies cannot hire fast enough to keep up with their workforce demands.”. The challenge of workforce planning. Leveraging HR Analytics.

Tackling Talent Strategically: Q&A With Harvard Business Review Analytic Services

Visier

The majority of leaders (73 percent) have experienced talent shortfalls due to poor workforce planning, according to a new report released by Harvard Business Review Analytic Services (HBR-AS). HR Leadership HR leadership advice HR software workforce planning

How ConAgra Foods Drove HR Transformation With Analytics-Driven Planning

Visier

When a company acquires another business, bringing the two workforces together is the single most challenging undertaking of the entire project. Now, how does one do this with data in two or more separate, incompatible HRIS systems of record?

Boo! Four Scary Employee Engagement Situations to Avoid With Better Survey Data Analysis

Visier

Getting a great employee engagement score, but discovering that 15% of your workforce spends half their day on non work-related tasks. But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus.

HR Happy Hour #201: Putting the Fun Into Analytics

HR Ringleader

A few weeks ago, Steve and I had the opportunity to record a HR Happy Hour episode with Mike Psenka, SVP of Workforce Solutions at Equifax and Edward Pertwee, Strategic Workforce Consultant at BT. We had just conducted a panel discussion on how to leverage data and analytics for HR and organizational success.

The Use of Data Science in HR

Something Different

That said, I’m sharing this piece because lately I’ve been thinking a lot about how much it would raise the water level in HR if a larger share of the function had a stronger grasp of analytics. People Analytics hr human resources

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5 Must-Attend HR Industry Events in 2015

Visier

2015 is going to be a pivotal year for HR, in particular as debate heats up about splitting or not splitting HR (Dave Ulrich advocates for teaching HR professionals “what they can do to deliver value even in difficult circumstances”). Where: NCHRA HR West 2015 conference in Oakland, CA.

Boo! Four Scary Employee Engagement Situations to Avoid With Better Survey Data Analysis

Visier

Getting a great employee engagement score, but discovering that 15% of your workforce spends half their day on non work-related tasks. But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus.

The HR Fortuneteller Myth: 3 Ways Your Boss Doesn’t “Get” Predictive Analytics

Visier

And while absolute certainty is never possible, predictive analytics can help organizations look at past workforce behavior to determine what is most likely to happen and plan accordingly. The role of analytics is not to replace decision makers with algorithms.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Building your People Analytics Solution.

8 Things To Consider Before Building a Workforce Planning

NGA Human Resources

Workforce planning is a key element to your business success. It has become increasingly important for organizations over the last several years, helping manage an agile workforce in a volatile world. I F YOU FAIL TO PLAN , YOU PLAN TO FAIL.”.

People analytics and learning: Driving workforce development by delivering the right solution to the right people at the right time

Bersin with Deloitte

Calibrated through multiple data points, these precise solutions drive business outcomes by delivering the right intervention to the right person at the right time. The context for learning analytics. This is the cue for real-time learning analytics and insights. The data exist.

Talent Analytics Key To Unlocking Big Data’s Power

TalentCulture

Here’s a fact I find fascinating: research from IBM shows that 90% of the data in the world today has been created in the last two years alone. For HR, there’s a gold mine of Big Data. It’s worth noting that driving the need for an improved user interface, access, and speed is the nature of the new talent surging into the workforce: people for whom technology is nearly as much a given as air. And companies are looking more for the analytics end of the benefit spectrum.

What Works in Workforce Planning and Retention

WhoKnows

Workforce Planning – Key to Competitive Advantage. Most business leaders lack the visibility to predict future workforce needs and most HR professionals lack the right tools to provide insights on data-driven workforce questions. And if HR can’t provide smart data, they’ll not only lose credibility – they may lose their jobs. In most companies, total cost of workforce averages near 70% of operating expenses. The problem is not a lack of data.

What Are #HR Analysts and Why Should You Pay Attention To Them

HR Bartender

Christa Degnan Manning is senior vice president of global workforce and talent strategies at HfS Research, a leading analyst authority and global network for IT and business services. They then take the data from their research use it to provide an educated analysis about what the data means.

When People Analytics grows up

Analytics in HR

When People Analytics grows up it adds value. It’s so obvious that you don’t have to spend a lot of time explaining it (and if you really have to, refer to Josh Bersin’s paper “ People Analytics: Here with a Vengeance “). Analytics News & Blogs

Must-Read HR Analytics Articles for a Successful 2017

Visier

HR leaders hit the gas on their adoption of HR analytics in 2016 — and there are no signs of slowing down heading into 2017! Bersin by Deloitte’s Predictions for 2017 report sees people analytics “[moving] from a niche group in HR to an important operational business function.”

Why Data is the Key to Strategic HR Decisions

Visier

Historically, many issues arose from lack of data. Workforce analytics are now better than ever, but organizations need to properly access them, align their information with decision-making, and act accordingly. And then there’s all this data. Adding Data into the Mix.

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Using people analytics to improve health care performance

Bersin with Deloitte

Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. percent in 2015.

Big, Bad Data: How Talent Analytics Will Make It Work In HR

SAP Innovation

Here’s a mind-blowing fact: Research from IBM shows that 90% of the data in the world today has been created in the last two years alone. In terms of HR, it’s a gold mine of Big Data. And companies are looking more for the analytics end of the benefit spectrum. Data privacy.

Using people analytics to improve health care performance

HR Times

Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. percent in 2015.

Big Data’s Importance to HR Field Grows

Oracle HCM - Modern HR in the Cloud

HR and benefits professionals need to start using big data to move their own departments and their companies’ end goals forward. You have to have data to make good decisions,” he stressed. Still, added Bollinger, people who use data to go with their gut do better than those who do not.

The HR Leadership Revolution — Will You Thrive?

Visier

The workforce in the developed world and China is rapidly aging. Despite increasing automation, in the next 20 years there will be a serious shortage of skilled workforce everywhere. Successful CHROs are: Data-Driven. Have an Informed Point of View on Workforce Cost Concerns.

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Agility through workforce analytics

HR Times

Analytics capability is a top human capital trend. Two of the 10 trends in Deloitte’s Global Human Capital Trends 2015 report directly focused on analytics, and as we prepare to launch the 2016 report in the next couple of weeks, I can tell you that analytics will remain a top trend.

What Do You Know About the Hourly Workforce?

China Gorman

percent of the United States workforce. Yet there is little data to be found about the hourly worker. The segment is so ignored that even the monthly unemployment report doesn’t categorize the workforce by salary vs hourly.

18 Popular Articles for Strategic HR Pros: Your Back-to-Work Reading List

Visier

Data-Driven HR. Geeks Arrive in HR: People Analytics is Here , by Josh Bersin, founder and principal at Bersin by Deloitte, Forbes.com. How Analytics is Changing People Management , by Bernard Marr, founder and CEO of the Advanced Performance Institute, LinkedIn.com.

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Rising Wages: Time to Know Your Total Cost of Workforce (TCOW)

Visier

Changing Cost of Workforce: There Are Decisions to be Made. Walmart and Facebook are “marketing” to the workforce through their messaging and placing pressure on other organizations to match the pay and benefits offered or risk losing their people.

Get Onboard the HR Analytics Movement

Brandon Hall

So, managing that cost analytically makes good sense. In fact, 41% of organizations told Brandon Hall Group that the second biggest driver of human capital management (HCM) technology acquisition was to enable better reporting and analytics of HR data. Metrics versus Analytics.

5 Benefits of a Data-Driven Recruitment Strategy

Workology

Companies cannot hire fast enough to keep up with their workforce demands and competition is fierce for those high potential people who will deliver innovative solutions or go above and beyond for your customers. Second, the data is siloed. What Data-Driven Recruitment Looks Like.

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Finding the Right HR Datafication Solution: The 5 Most Important Questions You Need To Ask

Visier

If you are looking for a technology solution to transform your HR department into a data-driven decision-making entity, then you are facing the same type of highly complex and highly critical decision as buying a home. Can workforce answers be found and understood without instruction?

The Best Way to Prove the Worth of the Talent Function

Visier

Great HR leaders understand this and can demonstrate how workforce dynamics impact business outcomes. However, new survey data released by Harvard Business Review Analytic Services reveals that reality falls far short of this objective for HR leadership.

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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. . According to a 2015 study by the Federal Reserve Bank of St. Failed to Plan?

Better Business Through Workforce Analytics

SAP Innovation

According to Peter Howes , vice president of Workforce Planning and Analytics at SAP , workforce analytics has the power to solve business problems like these and more. Metrics don’t segment or correlate the data.

Blogging from Tucana People Analytics

Strategic HCM

I''m taking a short break from training and speaking to attend Tucana''s People Analytics conference (22-23 April) as a blogger.