Expert insights. Personalized for you.
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. In this article, we will dive into what workforce planning is, the process, give a number of examples, and end with a toolkit on how to get started when you want to start planning your workforce. MORE
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. MORE
If your role includes financial planning and analysis, you likely had just completed your 2020 revenue, headcount, hiring, opex, and capex forecasts, only to find that COVID-19 rendered them moot. Execs are Focused on Scenario Planning and Reforecasting. MORE
Five myths about People Analytics that inhibit your progress. However, if you dig dipper in your conversation, you might find out that you and your interlocutor mean completely different things when pronouncing the words “People Analytics” What your partner sees as progress might not be at all a progress in your eye. So how can we describe the status of People Analytics, better than a single number in survey results? People Analytics MORE
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. Companies need to prepare for the growing market forces and plan for possible disruption to their strategic goals if they have trouble hiring for the DSA demand. The table below presents the percentage of jobs within each framework category that fall into each of the top industries. MORE
WorldatWork, a global association for HR management professionals, predicts that the new rule will have a significant impact on both workers and employers : “This phased-in approach will still disrupt long-term wage planning for many organizations, and future annual updates based on unknown increases will wreak even more havoc on compensation planning for large businesses.” The Importance of an HR Analytics Function. How can we optimize workforce costs? MORE
This requires tremendous changes in the current workforce. In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. Planning for the future. Rob van Dijk is an experienced people analytics consultant. MORE
Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success. the benefits that planning deliver or there are problems in execution. benefits of workforce planning. planning more carefully. MORE
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. For HR, planning requires insight from all of the other functions we support, so we can be somewhat accurate, and this adds to the challenge. Use advanced analytics to provide context and guidance about how to most effectively fill needs. MORE
Whether it was Mark Berry ’s talk on “Quantifying HR with Advanced HR Analytics,” or the “Ask the Expert” Datafication of HR panel of Visier customers joined by Josh Bersin , or Al Adamsen’s interview of tech evangelists on the future of HR analytics, conference attendees couldn’t get enough on the topic of workforce intelligence. Here are some great HR analytics articles to help you on your way: Make HR Analytics a Priority, But See the Bigger Picture. MORE
According to one recent report , 90% of businesses now say that data and analytics are key to their organization’s digital transformation initiatives. Furthermore, 73% say that people analytics will be a major priority for their company over the next five years. MORE
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). Although business leaders know talent shortfalls prevent their companies from achieving their business goals, the report reveals that they have not aligned their workforce planning process to manage the issue. MORE
Last year, analyst Josh Bersin noted in a Forbes article that his studies have shown 69% of companies are embarking on a people analytics strategy. However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. The Evolution Of Workforce Planning And Talent Management Solutions. Workforce planning had its genesis from the simple practice of building organizational charts. MORE
One of the articles of faith of the analytics movement is that we should move towards predictive analytics. The first hint that there might be something wrong with predictive analytics is when you go to a conference and hear three or four presenters mentioning the concept. The first speaks about how important predictive analytics is and gives the example of predicting flight risk. Examples of predictive analytics. Need help creating relevant analytics? MORE
This is a pivotal moment for the future of the US workforce system. Getting workforce investment right is crucial for millions of Americans who have had their careers disrupted by the pandemic or whose careers are at risk due to automation. Demand-driven workforce development. MORE
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? Workforce planning tools are instruments that help analyze current capabilities and future needs for the employee population. Strategic workforce planning map. MORE
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. MORE
People analytics is now business-critical and, more than ever, HR must take advantage of the massive opportunities that analytics provides. The HR teams that will succeed in 2018 and beyond are those that have a grasp on how the developments of the data age will impact the workforce and their business. To support this, we’ve gathered a list of the top 2018 people analytics and workforce planning conferences for data-driven HR leaders of all skill levels. MORE
Interview with Serena Huang, Global Head of People Analytics at The Kraft Heinz Company. Rallyware caught up with Serena Huang, Global Head of People Analytics, at The Kraft Heinz Company. How to Implement People Analytics. Serena thinks there’s no time like the present. MORE
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. So let’s take a look at the 8 things to consider before building your Workforce Planning. “I I F YOU FAIL TO PLAN , YOU PLAN TO FAIL.”. Secure your data: All planning must begin with a clear picture of the current situation. MORE
Workaround: How Modifying HR Analytics Can Improve Remote Operations. Even more important, however, is the long-term implications of a robust HR analytics program. To first address the short-term importance of HR analytics , we need to understand workforce planning. MORE
Business models have been turned upside down, traditional work habits and approaches have evaporated, and the digital future–to which we were slowly evolving– took a quantum leap into the present day. These aren’t new questions in the field of people analytics. MORE
According to McKinsey, People Analytics is going mainstream. Where we used to talk about what People Analytics is and how we could get started, the conversation is now shifting to how we can speed it up, implement it faster, and deliver a decent return on People Analytics investment. This is an important conversation to have because the value of People Analytics is lagging behind its potential. We know that the potential value of analytics is high. HR Analytic MORE
For many, this paints a dystopian image of a forever-present big brother watching our every step, especially with our online activity. With the proper tools in place, HR functions can dissect the minutia of an individual in a company – payroll, benefits and rewards, performance, absenteeism, turnover, succession planning, recruitment, training and career, engagement, even websites and online shops visited – to tailor specific offers to him or her. MORE
Workforce Planning is a Necessity… I was featured in this article in Training Journal earlier in the month… ‘Ingham suggests that we need to "redefine workforce planning" and said that taking a more creative approach is something we need to look at. "Five years ago, we saw workforce planning as a very scientific-based way of planning based on analytics. Labels: Learning , Workforce planning. MORE
Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success. the benefits that planning deliver or there are problems in execution. benefits of workforce planning. planning more carefully. MORE
The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics. The reality: traditional HR struggles to fulfill the analytics remit. Even the most apt HR teams are already struggling to fulfill their analytics remit. According to a recent survey of analytics professionals, these approaches can create a number of barriers to success, including: 1. Analytics News & Blogs MORE
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. Many that have graduated from metrics to analytics use it very simplistically, often to respond to one-off data requests such as “how many employees were hired last month?” Annual headcount planning occurs in spreadsheets. MORE
You probably have a hiring plan. But do you conduct strategic workforce planning? Perhaps the desire to increase profits in the upcoming year demands headcount adjustments, and so plans are made to grow or reduce staff, contractors or consultants. Develop an action plan. MORE
Each year, the EEOC releases an annual report to inform the President and Congress of the state of equal employment opportunity in the federal workforce. . Schedule A training helps agencies analyze workforce representation and develop recruitment strategies to reach individuals with disabilities. Disabled candidates should be given every opportunity to present themselves at every phase of the hiring process. . Present the facts. MORE
We will specifically examine how forecasting models can be deployed in R and end with an example analysis on the rise in popularity of the term “people analytics” The goal is to know what’s coming…. These examples represent the highly popular realm of “Predictive Analytics”. MORE
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. Analytics is seen as critical, and our research shows its use is climbing rapidly, in part due to an influx of new supportive technology. Workforce Analytics. MORE
These books can change your career: People Analytics and HR-Tech reading list. This list of People Analytics books is not exceptional. So here is my People Analytics reading list on Kindle, ordered chronologically, from newest to oldest. People Analytics & Text Mining with R. This book teaches you R (open-source programming language), People Analytics, Text Mining and Sentiment Analysis. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance. MORE
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. A CEB Analytics study found that when organizations lead in HR analytics, their talent outcomes improved by 12% leading to a 4% improvement in gross profit margin — that’s about $12.8 Aha Moments and HR Analytics. MORE
Outsmart, the leading people analytics and workforce planning conference, takes place online on May 5-6, 2021. At Outsmart, the author of this article, Ian Cook, VP, People Analytics at Visier, will deliver a Day 1 keynote on this topic. People analytics everywhere. MORE
APRIL 6, 2021
Best Advance in Workforce Planning and Management. Best Unique or Innovative Workforce Management Program. Best Advance in HR Data Analytics. Click here for a full list of award winners past and present. We honor these award-winning organizations in this category: Albaraka Turk, Bank of America Corporation, Fifth Third Bank. We honor these award-winning organizations in this category: Kronos Incorporated, TTA, KoçSistem Bilgi ve ?letisim letisim Hizm. MORE
Analytics in HR
MARCH 30, 2020
This requires tremendous changes in the current workforce. In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. Planning for the future. Rob van Dijk is an experienced people analytics consultant.
Analytics in HR
MARCH 18, 2019
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. In this article, we will dive into what workforce planning is, the process, give a number of examples, and end with a toolkit on how to get started when you want to start planning your workforce.
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Insperity
NOVEMBER 12, 2020
You probably have a hiring plan. But do you conduct strategic workforce planning? Perhaps the desire to increase profits in the upcoming year demands headcount adjustments, and so plans are made to grow or reduce staff, contractors or consultants. Develop an action plan.
Workday
MAY 18, 2020
If your role includes financial planning and analysis, you likely had just completed your 2020 revenue, headcount, hiring, opex, and capex forecasts, only to find that COVID-19 rendered them moot. Execs are Focused on Scenario Planning and Reforecasting.
Analytics in HR
MAY 14, 2018
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? Workforce planning tools are instruments that help analyze current capabilities and future needs for the employee population. Strategic workforce planning map.
Acendre
JULY 8, 2016
Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success. the benefits that planning deliver or there are problems in execution. benefits of workforce planning. planning more carefully.
Visier
SEPTEMBER 21, 2015
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). Although business leaders know talent shortfalls prevent their companies from achieving their business goals, the report reveals that they have not aligned their workforce planning process to manage the issue.
Oracle HCM - Modern HR in the Cloud
AUGUST 22, 2019
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. For HR, planning requires insight from all of the other functions we support, so we can be somewhat accurate, and this adds to the challenge. Use advanced analytics to provide context and guidance about how to most effectively fill needs.
Visier
MAY 31, 2016
WorldatWork, a global association for HR management professionals, predicts that the new rule will have a significant impact on both workers and employers : “This phased-in approach will still disrupt long-term wage planning for many organizations, and future annual updates based on unknown increases will wreak even more havoc on compensation planning for large businesses.” The Importance of an HR Analytics Function. How can we optimize workforce costs?
Acendre
JULY 8, 2016
Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success. the benefits that planning deliver or there are problems in execution. benefits of workforce planning. planning more carefully.
Analytics in HR
AUGUST 31, 2020
We will specifically examine how forecasting models can be deployed in R and end with an example analysis on the rise in popularity of the term “people analytics” The goal is to know what’s coming…. These examples represent the highly popular realm of “Predictive Analytics”.
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Analytics in HR
JUNE 3, 2019
One of the articles of faith of the analytics movement is that we should move towards predictive analytics. The first hint that there might be something wrong with predictive analytics is when you go to a conference and hear three or four presenters mentioning the concept. The first speaks about how important predictive analytics is and gives the example of predicting flight risk. Examples of predictive analytics. Need help creating relevant analytics?
Strategic HCM
MARCH 2, 2012
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.
Visier
OCTOBER 24, 2016
Whether it was Mark Berry ’s talk on “Quantifying HR with Advanced HR Analytics,” or the “Ask the Expert” Datafication of HR panel of Visier customers joined by Josh Bersin , or Al Adamsen’s interview of tech evangelists on the future of HR analytics, conference attendees couldn’t get enough on the topic of workforce intelligence. Here are some great HR analytics articles to help you on your way: Make HR Analytics a Priority, But See the Bigger Picture.
Visier - Talent Acquisition
APRIL 30, 2021
Outsmart, the leading people analytics and workforce planning conference, takes place online on May 5-6, 2021. At Outsmart, the author of this article, Ian Cook, VP, People Analytics at Visier, will deliver a Day 1 keynote on this topic. People analytics everywhere.
Visier
FEBRUARY 6, 2018
People analytics is now business-critical and, more than ever, HR must take advantage of the massive opportunities that analytics provides. The HR teams that will succeed in 2018 and beyond are those that have a grasp on how the developments of the data age will impact the workforce and their business. To support this, we’ve gathered a list of the top 2018 people analytics and workforce planning conferences for data-driven HR leaders of all skill levels.
Rallyware for Human Resources
OCTOBER 14, 2020
Interview with Serena Huang, Global Head of People Analytics at The Kraft Heinz Company. Rallyware caught up with Serena Huang, Global Head of People Analytics, at The Kraft Heinz Company. How to Implement People Analytics. Serena thinks there’s no time like the present.
Career Metis
MARCH 26, 2020
According to one recent report , 90% of businesses now say that data and analytics are key to their organization’s digital transformation initiatives. Furthermore, 73% say that people analytics will be a major priority for their company over the next five years.
NGA Human Resources
JULY 31, 2015
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. So let’s take a look at the 8 things to consider before building your Workforce Planning. “I I F YOU FAIL TO PLAN , YOU PLAN TO FAIL.”. Secure your data: All planning must begin with a clear picture of the current situation.
Visier - Talent Acquisition
JANUARY 27, 2021
Business models have been turned upside down, traditional work habits and approaches have evaporated, and the digital future–to which we were slowly evolving– took a quantum leap into the present day. These aren’t new questions in the field of people analytics.
Brandon Hall
APRIL 6, 2021
Best Advance in Workforce Planning and Management. Best Unique or Innovative Workforce Management Program. Best Advance in HR Data Analytics. Click here for a full list of award winners past and present. We honor these award-winning organizations in this category: Albaraka Turk, Bank of America Corporation, Fifth Third Bank. We honor these award-winning organizations in this category: Kronos Incorporated, TTA, KoçSistem Bilgi ve ?letisim letisim Hizm.
LaborSoft
APRIL 13, 2020
Workaround: How Modifying HR Analytics Can Improve Remote Operations. Even more important, however, is the long-term implications of a robust HR analytics program. To first address the short-term importance of HR analytics , we need to understand workforce planning.
Strategic HCM
AUGUST 30, 2012
Workforce Planning is a Necessity… I was featured in this article in Training Journal earlier in the month… ‘Ingham suggests that we need to "redefine workforce planning" and said that taking a more creative approach is something we need to look at. "Five years ago, we saw workforce planning as a very scientific-based way of planning based on analytics. Labels: Learning , Workforce planning.
Analytics in HR
JUNE 25, 2018
According to McKinsey, People Analytics is going mainstream. Where we used to talk about what People Analytics is and how we could get started, the conversation is now shifting to how we can speed it up, implement it faster, and deliver a decent return on People Analytics investment. This is an important conversation to have because the value of People Analytics is lagging behind its potential. We know that the potential value of analytics is high. HR Analytic
Visier
MAY 25, 2017
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. A CEB Analytics study found that when organizations lead in HR analytics, their talent outcomes improved by 12% leading to a 4% improvement in gross profit margin — that’s about $12.8 Aha Moments and HR Analytics.
Visier
JANUARY 21, 2016
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. Many that have graduated from metrics to analytics use it very simplistically, often to respond to one-off data requests such as “how many employees were hired last month?” Annual headcount planning occurs in spreadsheets.
Benify
MAY 2, 2018
For many, this paints a dystopian image of a forever-present big brother watching our every step, especially with our online activity. With the proper tools in place, HR functions can dissect the minutia of an individual in a company – payroll, benefits and rewards, performance, absenteeism, turnover, succession planning, recruitment, training and career, engagement, even websites and online shops visited – to tailor specific offers to him or her.
Littal Shemer
SEPTEMBER 28, 2018
Five myths about People Analytics that inhibit your progress. However, if you dig dipper in your conversation, you might find out that you and your interlocutor mean completely different things when pronouncing the words “People Analytics” What your partner sees as progress might not be at all a progress in your eye. So how can we describe the status of People Analytics, better than a single number in survey results? People Analytics
HR Times
FEBRUARY 29, 2016
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. Analytics is seen as critical, and our research shows its use is climbing rapidly, in part due to an influx of new supportive technology. Workforce Analytics.
Analytics in HR
JANUARY 31, 2019
Last year, analyst Josh Bersin noted in a Forbes article that his studies have shown 69% of companies are embarking on a people analytics strategy. However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. The Evolution Of Workforce Planning And Talent Management Solutions. Workforce planning had its genesis from the simple practice of building organizational charts.
Burning Glass Technologies
JULY 17, 2017
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. Companies need to prepare for the growing market forces and plan for possible disruption to their strategic goals if they have trouble hiring for the DSA demand. The table below presents the percentage of jobs within each framework category that fall into each of the top industries.
Acendre
OCTOBER 29, 2019
Each year, the EEOC releases an annual report to inform the President and Congress of the state of equal employment opportunity in the federal workforce. . Schedule A training helps agencies analyze workforce representation and develop recruitment strategies to reach individuals with disabilities. Disabled candidates should be given every opportunity to present themselves at every phase of the hiring process. . Present the facts.
Burning Glass Technologies
JUNE 3, 2021
This is a pivotal moment for the future of the US workforce system. Getting workforce investment right is crucial for millions of Americans who have had their careers disrupted by the pandemic or whose careers are at risk due to automation. Demand-driven workforce development.
Analytics in HR
APRIL 19, 2018
The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics. The reality: traditional HR struggles to fulfill the analytics remit. Even the most apt HR teams are already struggling to fulfill their analytics remit. According to a recent survey of analytics professionals, these approaches can create a number of barriers to success, including: 1. Analytics News & Blogs
Littal Shemer
MAY 14, 2018
These books can change your career: People Analytics and HR-Tech reading list. This list of People Analytics books is not exceptional. So here is my People Analytics reading list on Kindle, ordered chronologically, from newest to oldest. People Analytics & Text Mining with R. This book teaches you R (open-source programming language), People Analytics, Text Mining and Sentiment Analysis. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance.
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