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. The Better Way to Do Workforce Planning.

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. Navigating Nurse Retirement with the New Workforce Planning.

5 Steps to Avoid Talent Shortfalls Using Data-Driven Workforce Planning

Visier

a big postwar question, and ushered in an era of new revolutionary practices, such as coaching, job rotation, 360-degree feedback, high-potential tracks, and succession planning. Companies with poor workforce planning were at risk of going out of business or being sold off.

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?

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.

Leaders Secretly Hate Succession Planning!

The Tim Sackett Project

Succession planning is on a similar path. Your leaders say the support succession planning. But, every time you try and do something with succession planning, it goes nowhere! Your leaders hate succession planning for a number of reasons, here are few: 1.

A Simple Guide to Succession Planning

Oracle HCM - Modern HR in the Cloud

Historically, succession planning has been focused on key leadership roles. Today, organizations are likely to have a more expanded perspective on succession planning. What data do you have that can help you prioritize where to start your succession planning process?

Workforce Planning – Traditional Techniques Outdated

Ascender

Everyone is talking Workforce Planning. The ageing workforce is really starting to impact. Net workforce entrants versus exits are forecast to be negative for the next 20 years. This means more employees will exit the workforce than enter the workforce. Traditional Workforce Planning Techniques Outdated Traditional Workforce Planning techniques no longer provide the granularity required in a very tight labor market.

Workforce Planning – Traditional Techniques Outdated

Ascender

Everyone is talking about Workforce Planning. The ageing workforce is really starting to impact. ‍Net workforce entrants versus exits are forecast to be negative for the next 20 years. This means more employees will exit the workforce than enter the workforce. Traditional Workforce Planning Techniques Outdated. Traditional Workforce Planning techniques no longer provide the granularity required in a very tight labour market.

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.

Why Succession Planning is a Top Priority for the Federal Government

AvilarHR

Against the backdrop of this stark reality, the OPM issued a 46-page 2018 Federal Workforce Priorities Report earlier this year. In the report, OPM outlined federal workforce priorities. Succession Planning and Knowledge Transfer.”.

Ep 88 – Workforce Planning Strategies That Will Change Your Business

Workology

I’m talking about workforce planning and associated strategies. Episode 88: Workforce Planning Strategies to Elevate Your Business with John Baldino ( @jbalive ). During last month’s SHRM Annual Conference in Washington, DC, I sat down with John Baldino to talk about workforce planning basics and strategies. Workforce planning is a very complex topic, and frankly, one I haven’t written or talked much about.

Succession Planning? Despite What They Say, Your Leaders Secretly Hate It

TLNT: The Business of HR

William Tincup and I were just talking about this last week in regards to a comment he was making about organizations and succession planning. Why leaders really hate succession planning. Succession planning is on a similar path.

Giving a voice to the voiceless with technology

The Aristocracy of HR

Featured HR Technology Sponsored Post Talent Management #TAOHR Ask Czarina Live Big Data CHRO Employee Sentiment Employee Surveys Employee Voice Giving a voice to the voiceless with technology HRIS Human Resources Janine N.

BJ’s Gets Boost to Promote from Within

HRExecutive

“I’m really proud we’ve been able to promote this culture,” Loy told listeners at the session, titled Driving Talent Retention With Succession and Internal Mobility at BJ’s Restaurants. People now know their successes are visible to top leadership.

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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Why Banking On Your Workforce Boosts Business Results

Visier

There is a clear connection here between what happens in the workforce and the success of the organization. Exceptional companies know that the best people decisions drive the best business outcomes : More diverse workforces outperform others.

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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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.

The Importance of Data Integrity in HR Systems

Pingboard

Desktop HR systems have evolved and relocated to the cloud, offering users better access to more data. One important factor in using HR systems is preserving data integrity. The post The Importance of Data Integrity in HR Systems appeared first on Pingboard.

Alternatives to Firing an Employee

AvilarHR

If you have a competency management system in place, a job reassignment can be quick and easy, with your decision guided and supported by data rather than guesswork. Leadership development and succession planning can help employees feel valued, allowing your organization to retain top-talent.

The onus, or bonus, of human analytics?

Benify

As Facebook’s Mark Zuckerberg’s highly publicized congressional testimony in April 2018 confirms all too well, and somewhat uneasily depending on who you ask, companies that work with big sets of personal data know far too much about each and every one us, and make a lot of money doing it.

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.

How Four Companies Enable their HRBPs with People Analytics

Visier

Many organizations want to enable their HRBPs to adopt a data-driven approach and be the ambassadors for people analytics while providing consultative support to the business on talent strategy. The answer was a resounding yes and the numbers on the data savvy aspect were even lower for some.

3 HR Roles of the Future

Digital HR Tech

Strategic workforce planning. 10% of the survey respondents indicated strategic workforce planning as their most required skill to develop. The time when your average workforce mainly consisted of full-time employees is long gone. The People Data Wizard.

Secure the Right HR Business Partner Manager for the Future

Visier

This week, I do the same for the strategic and data-driven HR Business Partner Manager ( template available here ). One who, in addition to having responsibilities for the HR aspects of their job, is successful at enabling people analytics within their organizations.

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Agility through workforce analytics

HR Times

That said, many organizations are still wrestling with how to use analytics to inform workforce-related decision making into practice. Workforce Analytics. Only 13 percent report being able to connect employee data throughout the entire talent life cycle.

2018: The Evolution of HR

ClearCompany HRM

HR pros will soon need financial, marketing, risk management and analytical skills in order to lead their organizations in a more data-driven, strategic way. Training and HR will become closely tied in their workforce and succession planning endeavors. Data-Driven.

What is HR Reporting and Which Suites Do It Best?

TrustRadius HR

HR Reporting is an analytical tool designed to compile data, statistics, and metrics on employees. To execute this strategy, HR managers purchase specific software to compile this data (discussed in further detail below). At its core, HR Reporting is a data-driven system.

The Best Way to Prove the Worth of the Talent Function

Visier

Great HR leaders understand this and can demonstrate how workforce dynamics impact business outcomes. However, new survey data released by Harvard Business Review Analytic Services reveals that reality falls far short of this objective for HR leadership.

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Key Roles and Responsibilities in an HR Department

Pingboard

The human resources department is responsible for designing and implementing HR programs and policies that help company leaders better manage the workforce. Who Is Responsible for Workforce Planning?

Using people analytics to get to High-Impact HR

HR Times

Driving revenue in new and existing channels by mixing labor data with customer and pricing data to enhance the development and deployment of human capital. Delivering high impact—Start with believable data. Deliver data that matters to the business.

5 Exciting HR Technology Trends

InfinityHR

Through the utilization of compiled data and with automated processes established, these entities, covering a myriad of industries, have given themselves the ability to make better business decisions for themselves and their employees. Big data, HR analytics. Succession Planning.

Getting Ahead

HRO Today

To successfully implement an agile process, HR professionals need to gain the full support of the C-suite. Another key element of successful agile TA adoption is the ability to forecast future talent demand and identify pivotal roles that will impact business performance.