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

Visier

Consider how more than half of execs believe that at least 20% of the roles in their organization will cease to exist by 2022 (according to the Mercer 2018 Global Talent Trends study). 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. Workforce Planning

Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

This requires tremendous changes in the current workforce. In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. Planning for the future.

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Workforce Planning Through Trying Times

hrQ

What characterizes trying times for Workforce Planning is how fast the variables on which we make decisions can change from one day to the next, and the impact that has on the business. Focusing on key variables to make workforce decisions and being upfront about uncertainties.

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. The adoption of automated workforce management solutions though (as with other tech solutions) has been slow among organizations.

Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

According to a survey by the National Council of State Board of Nursing and the Forum of State Nursing Workforce Centers, 55% of registered nurses (RN) are age 50 or older. Improving HCAHPS Scores with Data-Driven HR. Healthcare providers have a unique driver to connect their workforce decisions to business outcomes: cost of healthcare delivery, and patient outcomes and satisfaction. Navigating Nurse Retirement with the New Workforce Planning.

7 Steps For Successful Strategic Workforce Planning

TalenX

Research shows that companies which strategically recruit a diverse workforce, are 15%-35% more likely to have better financial returns compared to companies that don’t have such a diverse workforce. What is strategic workforce planning?

The Future of Workforce Planning

HR Daily Advisor

Glamorous and exciting perks are certainly useful tools, but studies have shown that these types of perks are not actually what employees want. One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Workforce planning examines the entire employee lifecycle and determines how to best recruit, grow, deploy, optimize, and retain employees.

Driving Innovative Business Models through Workforce Planning

hrQ

Workforce planning is one of the most critical competencies for an HR organization. Workforce planning can help a business answer questions ranging from how many people it needs, where they should be located, what jobs they should do, how much they should be paid, and even whether they should be working for your company. That’s where workforce planning comes in. My previous post discusses the fundamentals of workforce planning.

Workforce Planning for Your Next Fiscal Year in a Time of Uncertainty

Cisive

While it is challenging to have strategic business conversations around budget, staffing and headcount while we are working in a time of uncertainty, we still have to be able to plan for our company’s future. Let’s start with one example of agile and flexible crisis planning: H-E-B.

CSI for HR? Test the Workforce Planning Waters Today With This Forensic HR Template

Visier

Time spent on employee management – specifically, answering questions, resolving issues, employee recognition and discipline, according to this study conducted by BambooHR. With these statistics as an indicator, I would wager that updating data and tactical employee management tasks often get in the way of more strategic work, like tying talent to business results. Once you know the answer, you just have to figure out how to tie those to actions that affect the workforce.

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.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. The company is also harnessing digitalization to drive innovation in the planning and management of one of its most important assets — its people. Instead of less reporting, they wanted increased use of data and analytics to drive workforce decisions.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. The company is also harnessing digitalization to drive innovation in the planning and management of one of its most important assets — its people. Instead of less reporting, they wanted increased use of data and analytics to drive workforce decisions.

Merck KGaA: A Case Study for Organization-Wide People Analytics

Visier

Everywhere, applications are accessing data from a wide array of sources such as social media, credit cards, customer loyalty cards, smart metering systems, and personal aid devices – all for the purposes of data analysis. The company is also harnessing digitalization to drive innovation in the planning and management of one of its most important assets — its people. Instead of less reporting, they wanted increased use of data and analytics to drive workforce decisions.

Successful Holiday Hiring Requires Workforce Planning, Positive Candidate Experience

Cielo HR Leader

Amazon made headlines last year with its plans to hire 120,000 employees for the holidays, and other retailers weren’t far behind. A 2017 CareerBuilder study found that across industries, 35% of employers expected to hire seasonal workers in the fourth quarter and 38% of top holiday jobs were in customer service. And turnover should always be a consideration for workforce planning.

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.

Boo! Four Scary Employee Engagement Situations to Avoid With Better Survey Data Analysis

Visier

Getting a great employee engagement score, but discovering that 15% of your workforce spends half their day on non work-related tasks. But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus. Focusing on performance can be a great motivator for your workforce, but it also can bring unintended consequences.

Global Study: How Media Companies Lead in Organizational Agility

Workday

Phase 2 of the study is being conducted as you read this, and we’d venture to guess that agility will be seen as an even more urgent imperative for business leaders. Here are the five behaviors that are necessary for organizational agility: Continuous planning.

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How to plan for Coronavirus: A Case Study

Analytics in HR

How can you plan for the Coronavirus affecting your business and its workforce? The airlines themselves are facing a major workforce planning challenge – but the effects will go far beyond transport companies. How can any business plan?

Global Study: The Organizational Agility Lessons from Higher Education

Workday

Although the study was conducted prior to the global pandemic, many of the pain points and opportunities identified by higher education respondents look prophetic in hindsight. Here are the five behaviors that are necessary for organizational agility: Continuous planning.

Study 36

Delving Into Data

HRO Today

Three organizations share how they use people data and analytics to amplify business strategy. People analytics” has been a hot catchphrase in the business world for years, with data promising to revolutionize recruiting, talent management, and myriad other HR processes.

Data 67

Global Study: How Tech Companies Are Building Organizational Agility

Workday

Here are the five behaviors that are necessary for organizational agility: Continuous planning. They plan in a continuous, real-time manner, which gives them the speed, agility, and dynamism they need to innovate successfully. Building the future workforce.

Study 39

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. But what exactly is HR data analytics and how can HR leverage it to achieve organizational goals? HR Data Analytics Definition. From Data Reporting to Prediction: A Retention Case Study.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

Editor’s note: This popular post has been updated with new data and information to ensure you’re ready for the talent demands of today and the future. A data-driven approach can provide the actionable insights HR needs to get the upper-hand and succeed. Fortunately, a scientific mindset gels naturally with this industry — tech CEOs see data and analytics technologies as generating the greatest return for stakeholder engagement.

Boo! Four Scary Employee Engagement Situations to Avoid With Better Survey Data Analysis

Visier

Getting a great employee engagement score, but discovering that 15% of your workforce spends half their day on non work-related tasks. But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus. Focusing on performance can be a great motivator for your workforce, but it also can bring unintended consequences.

How ConAgra Foods Drove HR Transformation With Analytics-Driven Planning

Visier

When a company acquires another business, bringing the two workforces together is the single most challenging undertaking of the entire project. Now, how does one do this with data in two or more separate, incompatible HRIS systems of record? This is the challenge that the People Insights team at ConAgra Foods sought to address after the company announced its intent to acquire a private label firm in 2012, which would increase the size of its workforce by 42 percent.

Could HR be the most data driven function?

HR Digest

They include: people, data-driven analytical decision-making, and showing how their actions directly impact strategic goals at the end of the day. Historically, HR executives and practitioners have faced insurmountable challenges from lack of data. Workforce Productivity.

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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. Even so, this amount of data is usually so large that traditional software can’t analyze it. How people use Big Data for business. Data can actually make a big difference if used wisely. Planning.

Big, Bad Data: How Talent Analytics Will Make It Work In HR

TalentCulture

Here’s a mind-blowing fact to spark up the late-summer doldrums: research from IBM shows that 90% of the data in the world today has been created in the last two years alone. In terms of HR, it’s a gold mine of Big Data. It’s a useful study, particularly for leaders and talent managers, offering a clear glimpse of what companies investing in HR tech expect to gain from their investment. Companies also want: Data security. Data privacy.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

A data-driven approach can provide the actionable insights HR needs to get the upper-hand and succeed. Fortunately, a scientific mindset gels naturally with this industry — tech CEOs see data and analytics technologies as generating the greatest return for stakeholder engagement. There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning.

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%. Companies need to prepare for the growing market forces and plan for possible disruption to their strategic goals if they have trouble hiring for the DSA demand.

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The Win-Win of Leveraging Baby Boomers

China Gorman

Just as I wrestle with these questions, organizations are facing stiff headwinds on the talent pipeline front making workers like me critical components in workforce planning activities. We all know that workforce demographics are changing rapidly and many organizations are flummoxed when they try to get a picture of how to respond to this critical talent dynamic. What they want, what they can do, and the inordinate benefits of keeping them engaged in the workforce.

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. As industry studies have shown, organizations that enable data-driven HR: Improve talent outcomes by 12% , leading to a 6% improvement in gross profit margin, which translates into $18.9M 73% of executives say that poor workforce planning leads to staffing gaps and the inability to meet business goals.

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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. To support this, we’ve gathered a list of the top 2018 people analytics and workforce planning conferences for data-driven HR leaders of all skill levels. Why is it so important for HR to attend at least one conference on data and analytics?

Global Study: How Retail Companies Approach Organizational Agility

Workday

Here are the five behaviors that are necessary for organizational agility: Continuous planning. They plan in a continuous, real-time manner, which gives them the speed, agility, and dynamism they need to innovate successfully. Building the future workforce.

Study 36