The Future of Workforce Planning

HR Daily Advisor

One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Workforce planning minimizes the likelihood that employees, teams, and organizations will have their needs unmet.

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.

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.

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.

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.

Data 241

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.

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.”. We also have a lot of data that we’re afraid to confront. What’s our uncomfortable data in HR?

Data 284

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts. Planning.

Data 70

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

Visier

They are particularly powerful in scenarios where the path to business impact is less obvious, and so we often see them in process-heavy or data-heavy disciplines. Managing employee data, and turning it into business impact is, therefore, a perfect scenario for a maturity model.

Burning Glass Talent™ Mines the Data Employers Need to Match Hiring With Strategy

Burning Glass Technologies

New Burning Glass Technologies product guides firms in making data-driven decisions to improve their workforce. In a constantly changing environment, effective workforce planning is increasingly critical.

Workforce Analytics: The world is bigger than your HRIS

Burning Glass Technologies

In a data-driven world, HR teams are increasingly taking notice regarding the importance of workforce analytics. But analysis is only as good as the data from which it is drawn. Said another way, internal HR data only tells the first part of the story.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. Data warehouse software licenses. Data integration tools licenses.

Human Resources Needs a Common Language for Managing Business Data

Oracle HCM - Modern HR in the Cloud

HR Big Data With modern HR systems now producing, collecting, and storing reams of data, a next logical step is to make sense of it all to enable intelligent business decisions. We see an early example of big data being collected and shared by companies such as Glassdoor and Salary.com.

3 Ways Professional Services Firms Can Prosper

Workday

With the release of Service Performance Insight’s “2017 Professional Services Maturity Benchmark,” it’s clear the professional services industry continues to face challenges. Both revenue and headcount growth continue to decline while workforce attrition is increasing. Per the benchmark study, careful investments in workforce planning, employee engagement, and talent-driven innovation are distinguishing top performing professional service organizations.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. Workforce planning.

See Burning Glass Technologies Solutions at HR Tech 2017

Burning Glass Technologies

We’ll be showing off the latest Burning Glass Technologies solutions for human capital management at the HR Tech 2017 Conference this week—including how Cisco Systems is using our real-time labor data to make talent decisions.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to workforce intelligence? Building your Workforce Intelligence Solution. Recently, I learned about a large software organization’s quest to build a workforce analytics solution.

LinkedIn Talent Insights Gives You the Real-Time, Accurate Talent Data You Need

Linkedin Talent Blog

This is our first self-serve data product that taps into LinkedIn’s network of 575M+ professionals, 20M+ companies and 15M+ active job listings to empower you with the insights you need. Make the insights actionable: ensure that anyone can interpret the data.

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. .

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. Workforce planning.

Understanding Your Most Important Asset

Talent Analytics

Excerpts from People Analytics in the Era of Big Data: Changing the Way You Attract, Acquire, Develop, and Retain Talent – contributor Pasha Roberts. Given this importance, it’s a bit strange that data science is only beginning to look inward at the workforce.

How Does Turnover Impact Your Organization’s Bottom Line?

Visier

There are certainly some benefits to knowing your attrition rates over time: you can benchmark your current success against past years, and loosely measure the success of your retention strategies. Employee turnover is a critical challenge that almost all HR managers stress over.

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

HR Daily Advisor

With Amazon planning to hire upwards of 50,000 employees, this fear should be taken seriously. A data-driven process is one smart strategy that business leaders can take to mitigate the risks—and find the opportunities—associated with Amazon’s big move. Data demystifies employee churn.

How ‘smart automation’ can boost HR to world-class levels

HRExecutive

He says a holistic transformation plan describing how to engage and partner with the business is key. Analytics must play a role in strategic workforce planning, to ensure that the company’s future talent needs are met,” Caldwell says.

HRExaminer Watchlist: Analytics Integration: OneModel

HR Examiner

Category: Data Workbench. OneModel takes the clients data, as is, and integrates it into a customizable set of People Analytics. OneModel fits neatly into the Data Workbench bucket. OneModel is designed to integrate the entire range of data sources within an HR Department.

EHRG Annual Conference May 7th and 8th hosted by Entergy

Vemo

Several of the energy group members participate in an annual survey that provides valuable industry benchmarking and Vemo looks forward to presenting the 2017 results live at the conference.

Identify Your HR Needs To Determine The Appropriate Analytics Solution

Analytics in HR

However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. Although the first human resource information system (HRIS) was introduced back in 1987 , it was really the introduction of workforce planning and talent management solutions that gave both clients and vendors the current road map for development, innovation and practice. The Evolution Of Workforce Planning And Talent Management Solutions.

Curbing Employee Turnover Contagion in the Workplace

Visier

Instead, HR can take a more data-driven approach to pinpoint the problem, predict risk of exit for individuals, and plan for the most vulnerable situations. This is where data gathered from sociometric badges — which identify informal team relationships — can be a help.

11 HR Analytics Courses Online

Analytics in HR

Courses range from top-level analytics knowledge, to actually doing analytics, basic statistical knowledge, HR data and metrics, and more. This course aims for the HR professional who wants to get started with data. Connect different data sets. Clean and structure data.

Predictive Analytics - See the future of your organization

Vemo

But without supporting data, any opinion is nothing more than an educated guess. By using data to inform decisions about the future. Predictive analytics allows you to discover, analyze and act on data.

Understanding the Employee Engagement Survey Provider Landscape: A Guide to the 6 Vendor Types -

Decision-Wise

We recommend pulse surveys as a compliment to a yearly comprehensive employee engagement survey to target specific initiatives and to gauge action planning progress.

Organizational Agility: Resources and Insights

i4cp

Results and findings from i4cp's Agile Leaders & Organizations Study , intended to create benchmarks on various aspects of leadership & organizational attributes that differentiate agile and resilient organizations, will be previewed to i4cp members in December and debut in early 2018. Data from i4cp’s new joint study with the ROI Institute on workforce analytics will be shared in December with i4cp’s Exchanges as we close out our People Analytics series.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. . You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven.

Understanding the Employee Engagement Survey Provider Landscape: A Guide to the 6 Vendor Types - DecisionWise

Decision-Wise

We recommend pulse surveys as a compliment to a yearly comprehensive employee engagement survey to target specific initiatives and to gauge action planning progress. The service typically includes a standard employee survey with little or no customization, templated reports, benchmarking comparisons, and prescribed recommendations. They offer many additional services including help with mergers and acquisitions, compensation plans, workforce planning, and benefits structuring.

Your Guide to AI Talent Acquisition

AllyO

Long-range workforce planning and finding specialists, top executives, and strategically important talent are critical pieces of talent acquisition. . Machine learning underpins data analytics that drives better decision-making and stronger talent acquisition.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. . You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven.