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A New Workforce Planning Model: Why Position Management Is Flawed

Visier

Given that people costs make up the largest chunk of the operating expenses for a typical organization, getting the workforce plan right is fundamental to good corporate fiscal health. As a best practice, workforce planning should be continuous. Applying Business Analytics to Workforce Plan Tracking.

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

Visier

And this only includes the workforce analytics component of the solution. A true people analytics solution will also be part of a people strategy platform that enables data-driven workforce planning — a capability set not supported by BI tools. Product updates. Ongoing data management, maintenance, and support.

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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. Today, HR has the opportunity to enter the spotlight again as a leader in workforce planning.

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

Visier

And this only includes the workforce analytics component of the solution. A true workforce intelligence solution will also enable data-driven workforce planning — a capability set not supported by BI tools. Workforce metrics, analytics, and visualization (What is the scope of the content provided to you?).

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Layoffs: How To Conduct Them Properly And Potentially Avoid Them Altogether

HR Tech Girl

Stripe’s layoff notice is a great example of how to communicate with empathy and transparency. Things may have been different if they did a more careful evaluation of staffing needs and took a more strategic approach to workforce planning. In this case—even though maybe it’s a bit impersonal—it will be an email.

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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.) In a recent Aberdeen report , 60% of all organizations reported a need to improve workforce planning capabilities as a driver of their total workforce management efforts.

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Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

For example, determine which nursing group is experiencing the most burnout or may be on the verge of burnout (based on historical trends) by pulling HRMS records to get job and turnover information, as well as actual compensation or timekeeping data to get hours worked. Pondering Future Uses of People Analytics in Healthcare.