Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

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.

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. 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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Strategic workforce planning: why and how to begin

Insperity

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.

Reforecasting Amid Upheaval: Best Practices for Financial and Workforce Planning

Workday

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.

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? Workforce planning tools are instruments that help analyze current capabilities and future needs for the employee population. Strategic workforce planning map.

Unlocking the Benefits of Workforce Planning

Acendre

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.

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). 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.

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. 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.

How Improving HR’s Analytics Capability Prevents Chaos Over New Overtime Rule

Visier

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?

Unlocking the Benefits of Workforce Planning

Acendre

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.

Forecasting in R: a People Analytics Tool

Analytics in HR

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”.

Why Predictive People Analytics is a Mistake

Analytics in HR

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?

HR Analytics – HCI Talent Strategy and Workforce Planning conference

Strategic HCM

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.

Top 5 HR Analytics Articles: Fall 2016 Edition

Visier

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.

Why People Managers Need People Analytics Today

Visier - Talent Acquisition

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.

People Analytics Conferences Data-Driven HR Leaders Can’t Miss in 2018

Visier

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.

Employee Experience Driven by People Analytics: Interview with Serena Huang, Global Head of People Analytics at Kraft Heinz

Rallyware for Human Resources

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.

6 Areas Where People Analytics Can Help HR Get Ahead

Career Metis

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.

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. 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.

People Analytics Evolves for the Future Labor Market

Visier - Talent Acquisition

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.

Honoring the 2020 Brandon Hall Group Excellence Award-Winners: Best Advance in Workforce Planning and Management; Best Unique or Innovative Workforce Management Program; Best Advance in Benefits Strategy and Administration; Best Advance in HR Data Analytics; Best Advance in Payroll Strategy and Administration

Brandon Hall

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.

How Modifying HR Analytics Can Improve Remote Operations

LaborSoft

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.

Workforce Planning is a Necessity? ~ HR to HR 2.0 and Human.

Strategic HCM

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.

iCIMS 43

Why People Analytics isn?t Delivering on its Promised Value

Analytics in HR

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

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. 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.

HR’s New Year Resolution: Move Up the Workforce Intelligence Maturity Curve

Visier

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.

Visier 163

The onus, or bonus, of human analytics?

Benify

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.

Five myths about People Analytics that inhibit your progress

Littal Shemer

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

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. 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.

Identify Your HR Needs To Determine The Appropriate Analytics Solution

Analytics in HR

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.

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. 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.

Data 34

Helping Agencies Navigate Schedule A Federal Employee Requirements

Acendre

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.

Getting Workforce Investment Right: House Testimony on WIOA

Burning Glass Technologies

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.

Relying on Traditional HR Will Lose You the Analytics Talent Race

Analytics in HR

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

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

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.