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. Ultimately, no plan is perfect.

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. What is Workforce Planning?

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?

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. the benefits that planning deliver or there are problems in execution. benefits of workforce planning. planning process.

Customer Voice: How Workforce Planning Supports Rapid Growth

Workday

Rapid global growth is never easy—but it can be much smarter and more efficient with workforce planning. In this article, Andrew Brett, financial accounting manager at Pinsent Masons, shares how the firm uses workforce planning to better manage growth—and the insights it’s gaining in the process. How do your business leaders think about workforce planning? Business leaders will often point out that their workforce is their largest expense.

4 Data-Driven Steps to Increase Headcount on a Budget

Visier

The Power of Cost-Focused Scenario Planning: Do More With Less. Let’s say you are a workforce planner for a large corporation and a business leader comes to your team with a problem. This makes it hard to create one plan, let alone multiple. Workforce Planning

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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.

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.

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Are You Planning For Your Future Workforce?

China Gorman

Accenture ’s strategy group has published an interesting look at the workforce of the future: Harnessing Revolution, Creating the future workforce. Investing in additional skills at the top of the house could make or break your workforce planning outcomes.

HR Data Quality

HR Examiner

Neil McCormick and Dr. Chris Andrews discuss the need for a globally recognized, structured approach, to managing and maintaining the overall workforce data quality in organizations. HR Data Quality. His statement that ‘ Data depreciates.

Data 100

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

Visier

However, with the mantra “never let a good crisis go to waste” ringing in their heads, the smartest of the group are realizing that now is the perfect time to move their organization forward with data-driven HR. Data inaccuracy is the first and most common problem with this tool.

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. I F YOU FAIL TO PLAN , YOU PLAN TO FAIL.”.

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 ).

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). HBR-AS: How can companies shift the workforce discussion to focus on business requirements?

Unleash 2019: It’s All About Smart Data and Reboot(ing) HR

Visier

Your guide to Unleash from a Smart Data Perspective. So, if you are too, here’s your guide to the two+ day event based on perusing the entire “Smart Data” track, for which I actually will be the session introducer. Key sessions to attend on the Smart Data Track.

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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.

Birmingham Uses Labor Data Analysis to Build a Stronger Workforce

Burning Glass Technologies

It’s important for regions to have modern, skilled workforces and ensure they have outside dollars coming into the community. region and provide a foundation for local leaders as they use real-time labor data to guide their community’s decisions and improve their workforce.

Visual Storytelling for HR: Are Infographics or Data Visualizations the Keys to Success?

Visier

Sometimes when people think they may need an infographic, they actually need a data visualization. So, how do you know when you need an infographic and when you need data visualization? Check out this example of an Infographic, which provides a “101” lesson on Workforce Planning.

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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. The fastest-growing roles are Data Scientists and Advanced Analysts, which are projected to see demand spike by 28%.

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

Visier

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. Why is it so important for HR to attend at least one conference on data and analytics?

Visual Storytelling for HR: Are Infographics or Data Visualizations the Keys to Success?

Visier

Sometimes when people think they may need an infographic, they actually need a data visualization. So, how do you know when you need an infographic and when you need data visualization? Check out this example of an Infographic, which provides a “101” lesson on Workforce Planning.

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4 Foundations of Data-Driven HR

Analytics in HR

In 2018, HR metrics & analytics was deemed the least effective area of HR (out of 23 different areas which include headache topics like change management and workforce planning). The Foundations of Data-Driven HR. Data Plan at a Glance – Selecting Metrics that Matter.

Workday Podcast: Getting in on the Act with Active Planning

Workday

Making a plan isn’t typically the hard part, but sticking to it is. Today, technology can enable active planning, which is updated continuously and can guide the business. I talked to Kerman Lau, vice president of financial planning and analysis at Adaptive Insights, about active planning: what it is, why it matters, and what successful planning looks like. Listen on SoundCloud: Workday Podcast: Getting in on the Act with Active Planning.

How HR Can Use Metrics And Data To Speak The Language Of Business

SuccessFactors

We have issues with data accuracy. This is no reason to avoid using the data—in fact, just the opposite. When you use the data, you and many others are looking at it, which helps identify and correct errors. However, problems can be hidden within aggregated data.

Increased Transparency of Human Capital Data – an interview with Brian Wilkerson

hrQ

The article examines the pros and cons of more transparency in human capital data being available to investors. What are some of the contributing factors that caused the standardization and disclosure of human capital data to become an essential area of focus by the SEC?

More Than a Dead End: Workforce Boards Can Build on Skills of Retail Workers

Burning Glass Technologies

Whether you think the retail sector is going through an apocalypse or a just a restructuring , workforce boards across the country need to assist retail workers displaced by change. Read our recent blog here on manufacturing jobs, also data presented at the NAWB conference.

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.

Big Data’s Importance to HR Field Grows

Oracle HCM - Modern HR in the Cloud

HR and benefits professionals need to start using big data to move their own departments and their companies’ end goals forward. You have to have data to make good decisions,” he stressed. Still, added Bollinger, people who use data to go with their gut do better than those who do not.

Three Outcomes Human Resource Leaders Can Provide the CEO to Avoid Workforce Restructuring

Burning Glass Technologies

Workforce restructuring costs companies billions of dollars each year due to lack of planning for the future talent needs. With the right techniques, Human Resource leaders can offer CEOs three ways to avert these wrenching changes and better meet workforce needs.

It’s Time for a People Strategy Revolution

Visier

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. Being able to aggregate all of our workforce related data with business metrics is…a game changer for Ascension.”. News and Case Studies data-driven HR talent management

Pitney Bowes’ Andrew Gold: Are Your People Analytics Professionals Data Gladiators?

i4cp

Recent meetings of i4cp’s Workforce Analytics Exchange have focused in part on the new i4cp and ROI Institute report, 4 Ways to Advance Your People Analytics. This included mention of motivating his colleagues across HR to become what he called “data gladiators,” an intriguing nickname to say the least. We always had an analytics function, loosely speaking, in that there were always questions that would arise where data was needed.

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. The presentation will be at 1:15 p.m.

It’s Time for a People Strategy Revolution

Visier

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. Being able to aggregate all of our workforce related data with business metrics is…a game changer for Ascension.”. News and Case Studies data-driven HR talent management

Running with blinders on – reducing unintended bias in the workplace

SumTotal

Sometimes lessons present themselves in unexpected places. The question therefore is what measures can an organization take to ensure that the “blinders,” whether conscious or unconscious, are removed from workforce decisions?

People analytics: A step-by-step guide on using data to make hiring decisions

Insperity

Increasingly, businesses are using “people analytics,” drawing on data to find talent, much like professional sports teams have used analytics to help them make trade decisions and sign players (think “Moneyball”). For a snapshot of hiring trends nationally or in your state…visit the Bureau of Labor Statistics or your state workforce commission. To learn how many applicants you have received for a position in the past…mine your organization’s HR data.

Peter Howes, SuccessFactors on Career Management

Strategic HCM

I (virtually) attended HCI’s Talent Strategy and Workforce Planning conference this week and will be posting on some of the WFP and data stuff from there over the next few days. I don’t have the data Peter has but I have to say that this feels about right.