The Next Decade of Agile Workforce Planning

Visier

When it comes to workforce planning, Celgene is a definitive leader. On a monthly basis, the company’s talent acquisition analytics team conducts a turnover and growth analysis that is compiled into a scorecard report. From data wrangling to talent strategizing.

Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

In the following graph, we see how many hires are being made, by comparison to the number of job openings: For nearly the entire history of the JOLTS data, more hires are tracked than job openings, but recently this relationship has switched. The Better Way to Do Workforce Planning.

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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.

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.

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.

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?

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.

Workforce Planning Success

Vemo

Embarking on a workforce planning journey can be overwhelming. Determining what data to collect, what metrics to focus on, how to set up reporting, how to analyze all the outputs, and how to gather various stakeholder requirements are just a few of the initial requirements.

6 Ways to Overcome the Obstacles of Workforce Planning

Pingboard

The workforce is evolving. An organization’s workforce planning efforts are now more important than ever before. An organization’s employees are without a doubt its strongest assets; therefore, it goes without saying that workforce planning is critical for long-term success.

5 Essential Workforce Planning Tools for any HR professional

Analytics in HR

Workforce planning tools are an essential part of the HR professional’s toolkit. In this article we’ll go over 5 strategic workforce planning tools, explain their use and give examples and excel templates on how to use them. What are workforce planning tools?

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.

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

Visier

With these statistics as an indicator, I would wager that updating data and tactical employee management tasks often get in the way of more strategic work, like tying talent to business results. Make Workforce Planning a Regular Habit.

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 Skills Gap Analysis – A Full Guide

Digital HR Tech

In a time where companies experience a rapidly growing need to re-and upskill their people, the skills gap analysis becomes an increasingly relevant tool. Content What is a skills gap analysis? Why is a skills gap analysis useful? What is a skills gap analysis?

Birmingham Uses Labor Data Analysis to Build a Stronger Workforce

Burning Glass Technologies

It’s important for regions to have modern, skilled workforces and ensure they have outside dollars coming into the community. region and provide a foundation for local leaders as they use real-time labor data to guide their community’s decisions and improve their workforce.

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. The cost-benefit analysis becomes even better if public-private partnerships become involved.

5 Steps to Improve Talent Acquisition Through Better Data Analysis

Acendre

5 Steps to Improve Talent Acquisition Through Better Data Analysis. These blueprints are developed as a process allowing rapid and accurate production of all the building elements creating an architectural plan. Look at the four pieces of your talent acquisition game plan.

3 Workforce Planning Tips for Project-Based Businesses

Workday

Here’s how professional service organizations can cultivate this superpower: Tap Newer Tech and Automation for Real-Time Analysis and What-If Scenarios. 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. Mine Historical Data for Seasonal Trends and Internal Challenges.

Workforce planning strategies to meet the federal hiring freeze

HR Times

Will the hiring freeze issued on January 22, 2017, by the White House be part of a longer-term strategy to reshape the federal workforce? How will a reshaped workforce impact agencies’ abilities to support operations and mission needs? Develop a smart approach to workforce reshaping.

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. .

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.

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.

Workforce Planning to Defend Your Agency’s Budget

Acendre

” Fortunately, through modern workforce planning and analytics solutions , you can defend budget proposals with precise data which directly speaks to ROI-benefiting outcomes. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends. Dashboard-enabled insights align current and expected budget allocations with planned hiring and attrition totals.

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. Plan for the worst and hope for the best is the most practical approach in the disruptive nature of today’s business realm.

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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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.

Workforce Planning to Defend Your Agency’s Budget

Acendre

” Fortunately, through modern workforce planning and analytics solutions , you can defend budget proposals with precise data which directly speaks to ROI-benefiting outcomes. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends. Dashboard-enabled insights align current and expected budget allocations with planned hiring and attrition totals.

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.

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

Are You Planning For Your Future Workforce?

China Gorman

Accenture ’s strategy group has published an interesting look at the workforce of the future: Harnessing Revolution, Creating the future workforce. Investing in additional skills at the top of the house could make or break your workforce planning outcomes.

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. Truth #2: Integrating Multiple Data Sources Into Your HRMS Is Costly and Complex.

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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.”.

Why the Power of One Is Our North Star at Workday

Workday

In a new video , Pete Schlampp, Workday executive vice president of product development, drills down into what one source of data means for our customers. The Data Challenges Our Customers Face. Access and Permission Controls Around Data. You might have questions.

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. Truth #2: Integrating Multiple Data Sources Into Your HRMS Is Costly and Complex.

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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.

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?

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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