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5 workforce planning tools and how to use them

Business Management Daily

Knowing that you should assess future needs in terms of human capital is one thing, but actually coming up with how to do so is quite another. This is where the importance of workforce planning tools comes into play. The role of tools in the workforce planning process. Moderate performer, moderate potential.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. HR analytics in recruitment at Google Multinational technology company Google embraced predictive analytics in its recruitment efforts to reduce costs and shorten the hiring process.

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The most important part of workforce planning is skills intelligence

Eightfold

In this rapidly changing business environment, along with technological and social landscape shifts, organizations’ skill requirements are evolving, creating a talent gap for future critical roles. IBM Research suggests that the half-life of a skill is about five years, with more specific technology skills at just two and a half years.

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How to Develop a Staffing Planning (With Staffing Plan Example)  

Analytics in HR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development. However, they are not the same thing.

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The Truth About AI and Question-Based Cognitive Assessments

Cognisess

The age of question-based cognitive assessments is over. Recently, the industry has been inundated with reports that AI has claimed a new victim – traditional question-based cognitive assessments. While their arguments are grounded in truth – their solutions are hiding a much more measured, middle ground.

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10 Succession Planning Metrics You Should Know

Analytics in HR

There are routine annual processes that organizations go through – strategic alignment, financial planning, employee satisfaction surveys, reporting, and many other vital processes – to keep the organization moving forward. However, the one that often gets neglected but is among the most important is succession planning.

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Maximizing the Effectiveness of 4 Common 360-Degree Feedback Strategies

DecisionWise

Most people recognize 360-degree feedback as a tool for individual development. While it is possible to run a 360 purely for individual development–this is the classic purpose behind most 360s–it is also common for there to be additional organizational objectives behind the assessment. 360-Degree Feedback for Remediation.