Remove 2017 Remove Analytics Remove Data Remove Workforce Planning

A New Workforce Planning Model: Why Position Management Is Flawed

Visier

Given that people costs make up the largest chunk of the operating expenses for a typical organization, getting the workforce plan right is fundamental to good corporate fiscal health. As a best practice, workforce planning should be continuous.

The Future of Workforce Planning

HR Daily Advisor

One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Workforce planning minimizes the likelihood that employees, teams, and organizations will have their needs unmet.

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A Guide to Strategic Workforce Planning

Analytics in HR

Workforce planning is often mentioned – but rarely explained. What is workforce planning, and how do you do it? When used well, strategic workforce planning enables HR to plan for the capabilities they need in the future. What is Workforce Planning?

Summer Reading 2017: 5 Popular HR Analytics Articles You Need to Read Today

Visier

As more organizations climb up the HR analytics maturity curve , we continue to see new success stories coming from data-driven HR leaders who strive to move the needle on business outcomes. Data for the People: How to Use Analytics in Your People Strategy.

Developing a Talent Analytics Function: Build, Buy, or Borrow

Lighthouse

I’m currently in the midst of a research project examining how some of the best and brightest companies in the world hire people analytics talent. Building a people analytics team for the first time isn’t like hiring a new administrative assistant or a new accountant.

New Research: 2017 Workforce Analytics and Strategy Report

Lighthouse

We recently completed some very interesting research here at Lighthouse focused on workforce analytics and strategy, a powerful combination for today’s HR and talent leaders. HR Analytics New Research Predictive Analytics

The Rise of the People Strategy Platform

Visier

As BCG captures well in their paper, When people strategy drives business strategy : “Developing a people strategy was once a straightforward matter of figuring out how to create the best possible workforce to execute an already defined business strategy.

5 Questions for Paul Hamerman on Financial and Workforce Planning

Workday

Hamerman, who will be our guest speaker in a July 18 webinar , answers five key questions that we believe organizations should consider when exploring workforce and financial planning approaches in today’s business world. . How are organizations using workforce planning to help their organizations grow and thrive in today’s economy? There are several established use cases for workforce planning and modeling capabilities. Paul Hamerman. Paul D.

Why Agile Workforce Planning is Key for Organizational Success

Visier - Talent Acquisition

In fact, 94% of business leaders and CHROs say that “agility and collaboration” are critical to their organization’s success, according to Deloitte’s 2017 Global Human Capital Trends report. This is supported by a critical element that is often overlooked: agile workforce planning.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. At Merck KGaA, it’s not just HR doing analytics for HR.

How To Reduce Employee Turnover with Workforce Analytics

Visier

However, knowing your turnover rate does little to support strategic business plans. HR, with its understanding of human capital dynamics, is uniquely positioned in the organization to ensure the workforce is aligned with the needs of the business at the optimal cost.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. At Merck KGaA, it’s not just HR doing analytics for HR.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. At Merck KGaA, it’s not just HR doing analytics for HR.

5 Ways Your HRMS Hinders Data-Driven Decision Making

Visier

Leaders across the organization recognize that making workforce decisions based on facts and data—instead of intuition alone—is a key route to increasing their impact on the business. But don’t mistake the analytics that come with your HRMS as good enough.

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7 Ways to Improve your Hiring In 2017

Visier

Data from the U.S. Companies simply 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 customers. Adopt a Data-Driven Mindset.

Top Conferences for Talent Acquisition Leaders in 2017

Visier

The global economic recovery has moved power from employers to employees, turning talent into a seller’s market—and making the workforce a core strategic concern for the c-suite. RecruitCon 2017. When: May 11-12, 2017. When: June 26-28, 2017. When: September 26-27, 2017.

6 Skills Every HR Technology Leader Must Develop Starting in 2017

Visier

Technology impacts all of us personally in how we communicate, make purchases, plan travel, find love, discover a great restaurant, or get a ride across town. Innovative Reasoning Based on Data. The amount of data we collect is growing exponentially.

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Data Science and Analytics Skills Demand Increasing Across All Sectors

Burning Glass Technologies

Data Science and Analytics (DSA) technologies are having a huge impact on the economy, but some sectors are embracing DSA jobs and skills faster than others. The fastest-growing roles are Data Scientists and Advanced Analysts, which are projected to see demand spike by 28%.

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Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts. Planning.

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HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

Being a people analytics expert doesn’t mean you need years of technical experience. Rather, it’s about knowing where to focus and using the right technology to make analytics more accessible. Recommended Read: The Recruiting Data Goldmine Your Applicant Tracking System Is Hiding ].

11 HR Analytics Courses Online

Analytics in HR

This article lists the eleven best HR analytics courses in the world today. Getting started with HR analytics – also called People Analytics – is a big step for a lot of people and organizations. An HR analytics course that answers these questions can be invaluable.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. Connecting HR Technology, Analytics and Employee Experience Design @ 1:15pm. Research Report: Measuring the Economic Impact of People Analytics @ 3:30pm.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. Connecting HR Technology, Analytics and Employee Experience Design @ 1:15pm. Research Report: Measuring the Economic Impact of People Analytics @ 3:30pm.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. Connecting HR Technology, Analytics and Employee Experience Design @ 1:15pm. Research Report: Measuring the Economic Impact of People Analytics @ 3:30pm.

Using people analytics to get to High-Impact HR

HR Times

Posted by David Fineman on August 3, 2017. People analytics, which is really a subset of business analytics, is a key enabler of High-Impact HR. 1 But it’s not just about HR—people analytics addresses business issues, too. Deliver data that matters to the business.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

However, even for progressive brands like Foot Locker, simply knowing the turnover rate does little to support strategic business plans. The Era of Foot Locker Workforce Analytics. HR analytics’ or ‘talent analytics’).

Get Your Crystal Balls Ready, HR Data Ninjas

SuccessFactors

There is a way to avoid this continuing to happen… HR, it is time to embrace your inner Data Ninja! HR analytics and workforce planning. Effective workforce planning is more than understanding costs, hiring trends, and attrition.

Delving Into Data

HRO Today

Three organizations share how they use people data and analytics to amplify business strategy. People analytics” has been a hot catchphrase in the business world for years, with data promising to revolutionize recruiting, talent management, and myriad other HR processes.

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That State of American Jobs and Workers

China Gorman

While I was browsing the internet looking for some economic data, I came across this 2016 report from the Pew Research Center: The State of American Jobs. They conduct public opinion polling, demographic research, content analysis and other data-driven social science research.”.

Using people analytics to improve health care performance

HR Times

Posted by Brian Augustian on August 18, 2017. 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.

The Time for Data-Driven HR Is Now

TalentCulture

But today’s technology brings us something far more reliable on which to base the future of your company and the management of its most valuable resource: Big data. Data-driven HR is here, and the time to adopt it is now. Talent Analytics for Recruiting and Hiring.

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Everything You Need to Know About HR Analytics

Reflektive

Deloitte’s 2017 Global Human Capital Trends report found that 71% of companies rate people analytics as a high priority in their organizations. But what’s driving this trend toward people analytics? And, on a broader scale, what exactly is HR analytics? Human resource analytics is the process of gathering and analyzing data regarding human capital, then using those insights to make data-driven HR decisions. Let’s look at analytics in recruiting.

Adopting Analytics

Vemo

HR is moving from interest to adoption when it comes to workforce analytics. Companies who have made the investment are now making much better data-driven decisions when it comes to their most important asset. Here are some reasons why HR is winning big with analytics: 1.

Workforce Analytics: The world is bigger than your HRIS

Burning Glass Technologies

In a data-driven world, HR teams are increasingly taking notice regarding the importance of workforce analytics. But analysis is only as good as the data from which it is drawn. Said another way, internal HR data only tells the first part of the story.

6 Things We Need to Do to Advance People Analytics

Visier

I invite you to participate in a survey we are currently running on People Analytics maturity, value, and best practices. across all industries–to a more than 44% reduction in critical talent resignations to a $1-$3 million improved profit margin due to better workforce planning.

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.”

Using people analytics to get to High-Impact HR

HR Times

Posted by David Fineman on August 3, 2017. People analytics, which is really a subset of business analytics, is a key enabler of High-Impact HR. 1 But it’s not just about HR—people analytics addresses business issues, too. Deliver data that matters to the business.

The onus, or bonus, of human analytics?

Benify

As Facebook’s Mark Zuckerberg’s highly publicized congressional testimony in April 2018 confirms all too well, and somewhat uneasily depending on who you ask, companies that work with big sets of personal data know far too much about each and every one us, and make a lot of money doing it.

It’s Time for a People Strategy Revolution

Visier

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. Being able to aggregate all of our workforce related data with business metrics is…a game changer for Ascension.”. News and Case Studies data-driven HR talent management

How HR Can Use Metrics And Data To Speak The Language Of Business

SuccessFactors

Interestingly, while this capability is considered important, most HR reporting remains on the lower end of the analytics maturity scale. This begs the question: What is holding businesses back from completing more advanced analytics? We have issues with data accuracy.