Managing Costs through Workforce Planning

hrQ

With the evolution of workforce planning, this is both unnecessary and unwise. Workforce planning provides a platform by which cost-cutting can be a quantitative precision exercise where outcomes are more certain and the ability of the organization to remain effective can be preserved.

Workforce Planning in 2019: 4 Trends to Watch

Pingboard

In an ever-evolving business environment, it’s challenging for companies to plan ahead and anticipate their future needs. That said, a strategic workforce plan can ensure you’re prepared for what’s next and that all the right talent and skills are in place to help your company thrive.

Strategic Workforce Planning in 3-2-1

Analytics in HR

Strategic workforce planning (SWP) is a commonly used term for a multitude of approaches to achieve a singular goal: having enough employees of sufficient quality in the future. Existing processes and cycles can contribute to such transparency, strengthened with data and analytics.

Workforce Planning Will Help You Understand the Needs of Your Organization

SHRM Resources

Managing headcount—and workforce planning overall—is one of HR’s most important priorities, yet so many HR and talent acquisition (TA) leaders shy away from it. Business Acumen Workforce Planning Data Analysis

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?

4 Trends Impacting Workforce Planning

Oracle HCM - Modern HR in the Cloud

How can HR leaders build a workforce plan when we don't know what the future will be? Planning is HR's never-ending challenge, but like every other business function, it’s an important part of our responsibility. Ultimately, no plan is perfect.

Talking Candidly About Workforce Planning for HR Executives

Cisive

One thing stood out above the others, and it’s something every HR leader and team member faces: workforce planning. As an HR partner, your role in workforce planning is at the heart of what really matters to your company leaders. Workforce planning support means that you are your team are responsible for the forecasting that allows you to properly plan for your recruitment advertising and marketing spend, requisition workload, and expected deliverables for your team.

Driving Innovative Business Models through Workforce Planning

hrQ

Workforce planning is one of the most critical competencies for an HR organization. Workforce planning can help a business answer questions ranging from how many people it needs, where they should be located, what jobs they should do, how much they should be paid, and even whether they should be working for your company. That’s where workforce planning comes in. My previous post discusses the fundamentals of workforce planning.

The 5 Steps of Analytics-Driven Workforce Planning

Analytics in HR

To determine how to align and sustain these three objectives, HR uses some form of workforce planning. Instead, HR and workforce planners should be looking to people analytics to enable them to make better strategic decisions. Data vizualisation of a workforce plan.

Inspire Data-Driven Change: Key Takeaways from Outsmart 2019

Visier

From the very beginning of Outsmart 2019 –our annual people analytics and workforce planning conference–the data-driven leaders were told to: “Inspire change, together.”. Download Visier Outsmart 2019 Key Takeaways. What’s our uncomfortable data in HR?

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21 HR Tools for Employee Engagement & Workforce Planning

Pingboard

Here’s a list of 21 HR tools that demonstrate how technology can improve employee engagement and workforce planning efforts at your organization. Employee Data Management. Like BambooHR, Namely also integrates with Pingboard and other HR tools to offer automatic data updates.

3 Workforce Planning Tips for Project-Based Businesses

Workday

Face it: Personnel planning is never going to be super flexible if you’re stuck using static, error-prone spreadsheets. With Excel, modeling different scenarios is a time-intensive undertaking—manually manipulating data and cross-checking assumptions. But if you swap out those clunky spreadsheets for the right business planning tool , scenario planning takes mere seconds and a few clicks of a button. Mine Historical Data for Seasonal Trends and Internal Challenges.

Unleash 2019: It’s All About Smart Data and Reboot(ing) HR

Visier

Your guide to Unleash from a Smart Data Perspective. So, if you are too, here’s your guide to the two+ day event based on perusing the entire “Smart Data” track, for which I actually will be the session introducer. Key sessions to attend on the Smart Data Track.

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Customer Voice: How Workforce Planning Supports Rapid Growth

Workday

Rapid global growth is never easy—but it can be much smarter and more efficient with workforce planning. In this article, Andrew Brett, financial accounting manager at Pinsent Masons, shares how the firm uses workforce planning to better manage growth—and the insights it’s gaining in the process. How do your business leaders think about workforce planning? Business leaders will often point out that their workforce is their largest expense.

Why Being Data-Driven Isn’t Enough

Visier

Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Indeed, the “art” of modern business is that everything can be quantified and measured, and data is now the single most important type of capital that an enterprise can own.

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STRATEGIC WORKFORCE PLANNING: A MUST HAVE 2019 NEW YEAR’S RESOLUTION

myhrtoolkit

Among the chaos, do you think your workforce plan is ready to kick into gear come 02 January 2019? DEFINING SWP – STRATEGIC WORKFORCE PLANNING. Sound workforce planning practices will attribute to problem identification, long before the ball drops and chaos erupts.

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.

Burning Glass Technologies Wins the TOP Challenge

Burning Glass Technologies

Burning Glass Technologies won The Opportunity Project Prize Challenge with the Inclusive Development Dashboard , a demo designed to give economic development professionals the job market data they need to attract jobs and boost growth. .

Your Can’t-Miss People Analytics Conferences of 2019

Visier

Whether you’re just beginning your journey or looking to advance your practices, attending conferences is one of the best ways to accelerate the maturity of your data and analytics capabilities. Happening throughout 2019. HCI Workforce Planning and People Analytics Conference.

HR Data Quality

HR Examiner

Neil McCormick and Dr. Chris Andrews discuss the need for a globally recognized, structured approach, to managing and maintaining the overall workforce data quality in organizations. HR Data Quality. His statement that ‘ Data depreciates.

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Taking Data-Driven Action

HRO Today

In fact, LinkedIn’s Global Recruiting Trends report indicates that 64 percent of today’s organizations use data at least occasionally and 79 percent are somewhat likely to take advantage of it in the next two years. Workforce planning (41 percent). Look at data holistically.

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People Analytics Leading Practices at Visier Outsmart 2019

Visier

Taking place May 6-8, 2019 in San Francisco, Visier Outsmart 2019 is the people analytics and workforce planning conference dedicated to your success as a data-driven leader.

Can HR data save your organization millions?

HRExecutive

At the HR Tech Conference , he’ll lead a session (How to Save $10M Using HR Data, in the HR Executive track) that explores this topic in greater detail. What are some examples of how HR data can help companies save hard dollars? .

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Jobs Data Analysis at Davos Shows It’s Cheaper to Reskill Than Rehire Workers Displaced by AI

Burning Glass Technologies

A new Davos report using Burning Glass Technologies jobs data answers a basic question about technology and the future of work: in many cases, it’s cheaper to reskill workers than to hire new ones.

Top Challenges Faced by HR Professionals in 2019

Acendre

With HR planning and development, a focus on human capital can help achieve a balanced workforce. A diverse workforce is more than race, ethnicity, sex, age, national origin, and religion. Cloud-based systems are necessary for businesses to store and share data.

12 Major Issues HR Needs to Tackle Head on in 2019

Jason Treu

The data is really poor. And alarmingly, only 11% of organizations report they are making good progress building a capable workforce to meet 2020 goals. In 2019, performance management systems will be among the HR systems most likely to be added, replaced, or modified.

60+ Top Global Influencers in HR Tech of 2019

Digital HR Tech

60+ Top Global Influencers in HR Tech of 2019. Adrian is the co-founder of HR tech startup Career Hero – a company that provides job seekers with the necessary data to improve their chances of a job interview. In 2019, the company was listed on Inc.

60+ Top Global Influencers in HR Tech of 2019

Digital HR Tech

60+ Top Global Influencers in HR Tech of 2019. Hayal has extensive experience on topics including (among others) the evolution of the gig & on-demand economies, global talent strategy, workforce flexibility, and diversity. In 2019, the company was listed on Inc.

Three Ways HR Data Can Intensify The Growth Of Your Midsize Business

SuccessFactors

From relying increasingly on contingent employees and engaging a multi-generational workforce with a variety of needs and expectations to contributing strategically to the bottom line, HR leaders are setting a solid foundation for long-term, sustainable growth and expansion.

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How to Develop Data-Analytics Skills in HR

Analytics in HR

The ability to analyze and extract valuable insights from workforce data is an increasingly sought-after skill in HR. But adding data-analytics competency in the HR staff is a challenge. Data Analytics Training Options.

3 Takeaways from the 2019 ASHHRA Conference

Precheck

3 Takeaways from the 2019 ASHHRA Conference Oct. 1, 2019. The 2019 American Society for Healthcare Human Resources Administration (ASHHRA) Conference took place this past week in the Windy City of Chicago, Illinois. They leveraged data to conduct workforce planning. “I

A Strong Merit Promotion Process Builds a Strong Federal Workforce

Acendre

The federal workforce’s key role is to provide quality service to the public. With a human capital strategy, human resources can plan, develop, appraise and reward based on merit promotion principles.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

January 2019. January 24 & 25 | London | d&i Leaders Global Forum 2019. This summit was designed to embrace a fully digital workforce. Key themes include: Meaningful Employee Experiences, Talent Analytics, How to Future-Proof Your Workforce, Advancing the D&I Agenda, and Performance Management for teams and agile environments. A conference created to improve your social recruiting strategy using best practices and data-driven decisions. March 2019.

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

Bersin with Deloitte

Posted by Erin Clark , David Fineman , Praveen Kaushik , and Mariana Aguilar on February 20, 2019. 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 data exist.

Research Preview: Unlocking Organizational Agility to Drive Digital Growth

Workday

Here are the five behaviors that are necessary for organizational agility: Enable Continuous Planning. The parts of the business that rely on revenue through digital efforts, in particular, require rapid and continuous planning cycles. The research found that dynamic planning helps organizations react quickly to changing market conditions and potential threats to the business. Upskill the Future Workforce. What do you consider most important to your company’s future?

Increased Transparency of Human Capital Data – an interview with Brian Wilkerson

hrQ

The article examines the pros and cons of more transparency in human capital data being available to investors. What are some of the contributing factors that caused the standardization and disclosure of human capital data to become an essential area of focus by the SEC?

Top 10 People Analytics Difference Makers to Look For

Visier

With the growth in volume and complexity of data , having agile visibility into and use of your people data is more critical than ever. Visier has the pre-built questions and data flows already mapped out to guide your analysis and turn data into action. .