Use Strategic Planning Techniques to Build Your Workforce Plan

HR Bartender

With unemployment rates at historic lows , organizations have to not only think about filling open requisitions, they also have to develop a long-term approach to staffing. The recruiting team will always be taking a reactionary approach to staffing.

HR Future-Proofing vs. Firefighting: 5 Strategic Workforce Planning Tips

Visier

But with strategic workforce planning , it is possible to plan ahead — and not just react — in this rapidly changing business environment. Operational and Strategic Workforce Planning Defined. It does not replace operational planning.

Why Agile Workforce Planning is Key for Organizational Success

Visier

This is supported by a critical element that is often overlooked: agile workforce planning. In short, to have a responsive workforce, the process that supports this (workforce planning) needs to be adaptable itself. Plan for an aggressive recruitment strategy?

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?

Driving Innovative Business Models through Workforce Planning

hrQ

Workforce planning is one of the most critical competencies for an HR organization. It is the foundation of the partnership between the business and HR and provides the organization with critical information about how to meet its staffing needs and how to allocate its HR resources to meet business goals. There’s another level to workforce planning, and some businesses are using it to determine potential transformation opportunities or threats to their business model. .

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.

Workforce Planning Success

Vemo

Embarking on a workforce planning journey can be overwhelming. Determining what data to collect, what metrics to focus on, how to set up reporting, how to analyze all the outputs, and how to gather various stakeholder requirements are just a few of the initial requirements.

6 Ways to Overcome the Obstacles of Workforce Planning

Pingboard

The workforce is evolving. An organization’s workforce planning efforts are now more important than ever before. An organization’s employees are without a doubt its strongest assets; therefore, it goes without saying that workforce planning is critical for long-term success.

The 5 Steps of Analytics-Driven Workforce Planning

Analytics in HR

Maintain a sufficient level of staffing in order to deliver on their business model (the right time). To determine how to align and sustain these three objectives, HR uses some form of workforce planning. Here are five key steps to use analytics to inform your workforce plans: 1.

3 Workforce Planning Tips for Project-Based Businesses

Workday

The best businesses develop capacity flex—the ability to rapidly increase or decrease staffing levels or to shift quickly from one project to another. Face it: Personnel planning is never going to be super flexible if you’re stuck using static, error-prone spreadsheets. With Excel, modeling different scenarios is a time-intensive undertaking—manually manipulating data and cross-checking assumptions. Mine Historical Data for Seasonal Trends and Internal Challenges.

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.

5 Questions for Paul Hamerman on Financial and Workforce Planning

Workday

Hamerman, who will be our guest speaker in a July 18 webinar , answers five key questions that we believe organizations should consider when exploring workforce and financial planning approaches in today’s business world. . How are organizations using workforce planning to help their organizations grow and thrive in today’s economy? There are several established use cases for workforce planning and modeling capabilities. Paul Hamerman. Paul D.

Workforce Planning to Defend Your Agency’s Budget

Acendre

” Fortunately, through modern workforce planning and analytics solutions , you can defend budget proposals with precise data which directly speaks to ROI-benefiting outcomes. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends. Dashboard-enabled insights align current and expected budget allocations with planned hiring and attrition totals.

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.

Data 195

Workforce Planning to Defend Your Agency’s Budget

Acendre

” Fortunately, through modern workforce planning and analytics solutions , you can defend budget proposals with precise data which directly speaks to ROI-benefiting outcomes. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends. Dashboard-enabled insights align current and expected budget allocations with planned hiring and attrition totals.

Strategic Workforce Planning in APAC: Dream or Reality?

Cielo HR Leader

Despite all the enthusiastic talk about strategic workforce planning (SWP) in the established economies of the West, few organizations have managed to successfully implement it in any meaningful way. Could strategic workforce planning be the ‘magic bullet’ solution? First of all, let me say that I’m a big fan of the whole concept of strategic workforce planning. However I think it has to be based on some pretty serious data mining and not rushed.

Building Your Business Case for Workforce Intelligence

Visier

Indeed, the “datafication of HR” is accelerating, driven by the critical need to create better business outcomes using evidence-based workforce decisions. 73% of executives say that poor workforce planning leads to staffing gaps and the inability to meet business goals.

eBook 238

You Are Who You Hire: Using Jobs Data for Competitive Intelligence

Burning Glass Technologies

Recruiters often say “you are who you hire,” but the real trick is turning jobs data into a useful source of competitive intelligence. Real-time jobs data can offer important insight into other companies—or for that matter, your own company.

Solving the Talent Crunch

HR Daily Advisor

But another key issue is the challenge of workforce planning when the half-life of skills is shrinking so dramatically. Zoe Harte: Existing contingent workforce models are no longer efficient in meeting accelerating talent needs.

Why Quality Matters Now More Than Ever for Staffing and Recruiting Firms

SkillSurvey

And new technologies, networks, and data sources have expanded options for sourcing talent more successfully. This is all good news for the staffing and recruiting industry, which is experiencing unprecedented growth. The drive to innovate is already blurring the lines between traditional staffing, RPO and MSP as each move aggressively to retool how they attract, source, and manage talent for their clients. Finding and keeping talent is trickier than ever.

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?

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.

Balancing data and judgment in HR decision making

Steve Boese

I won't go back through all the reasoning behind this conclusion, I encourage you to listen to the podcast and/or read the book for that, but I did want to point out another excellent example of how this AI and prediction combined with human judgment idea plays out in human capital management planning and decisions. However, our experiment shows that a hybrid approach of combining algorithms with manager intuition can lead to better staffing decisions.

Avoid Holiday Retail Worker Shortfalls with What-If Analyses

Visier

In September, Target announced plans to hire 120,000 seasonal workers for the upcoming holiday season, an increase of 20 percent from its 2017 hiring commitment. Staffing Shortfalls: Still Time to Act. Talent Acquisition Workforce Planning

Temp Jobs: 3 Million and Counting

HRExecutive

The analysis was reportedly based on data pulled from more 100 national and state employment resources. To further bolster the claim that temp jobs are here to stay, in a Harris Poll study commissioned by CareerBuilder and completed in December 2015 , 47 percent of employers reported that they plan to hire temporary or contract workers in 2016, up slightly from 46 percent last year. hiring HR analytics HR profession workforce analytics workforce planning workplace flexibility

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.

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.

Getting Ahead

HRO Today

The key to ensuring an optimal agile process is proper workforce planning,” says Shafar. But to accurately forecast workforce needs, HR professionals need to leverage the latest in data, analytics, and technology.

The Impact of Total Talent Acquisition on Healthcare

HRO Today

This holistic approach to staffing may be the answer healthcare organizations are searching for. They can then take a more strategic approach to planning and hiring from the most appropriate permanent or contingent labor pools.

Future Of Work 2018: 10 Predictions You Can’t Ignore

SuccessFactors

Workforce agility will become the most critical concept in HCM. Staffing will reach new levels of complexity. For over 100 years, most people interpreted “staffing” to mean hiring employees to work onsite in full-time or part-time roles.

Using people analytics to improve health care performance

Bersin with Deloitte

Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. Analytics Data analytics health care Retention Turnover

Using people analytics to improve health care performance

HR Times

Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. Posted by Brian Augustian on August 18, 2017.

Talent Management & Development Journey to Japan

China Gorman

Then think about how your workforce planning activities will be impacted by this shifting demographic. Our 10-day itinerary includes meetings with employers, government agency leaders, and special meetings with executives from Recruit – parent company to Indeed, among many other staffing companies around the world. China Gorman Data Point Tuesday Gerry Crispin HR in Japan Nanda Journeys

What Are #HR Analysts and Why Should You Pay Attention To Them

HR Bartender

Christa Degnan Manning is senior vice president of global workforce and talent strategies at HfS Research, a leading analyst authority and global network for IT and business services. They then take the data from their research use it to provide an educated analysis about what the data means.

The Value of HR Analytics: Why Every Company Should Be A Quantified Organization

Visier

Since joining Visier, I’ve been thinking a lot about the value of workforce analytics. In fact, a consistent finding from the annual Sierra-Cedar HR Systems Survey (which I managed for 16 years) was that “ organizations with workforce analytics outperform.”. Data Sources.