Use Strategic Planning Techniques to Build Your Workforce Plan

HR Bartender

Workforce planning is about developing a proactive approach to talent acquisition. I had the opportunity to participate in the Society for Human Resource Management (SHRM) seminar “ Workforce Planning: The Future of Work ”. A strategic plan involves four steps.

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. Can we train our own people?

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.) Automated workforce management solutions can also help to reduce unplanned overtime.

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

Finding and training a replacement can be an arduous process. One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Strategic HR data employees managers Workforce Planning

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. It can help determine the right investments in recruiting, compensation, training, and a host of other things.

21 HR Tools for Employee Engagement & Workforce Planning

Pingboard

Here’s a list of 21 HR tools that demonstrate how technology can improve employee engagement and workforce planning efforts at your organization. Employee Data Management. Like BambooHR, Namely also integrates with Pingboard and other HR tools to offer automatic data updates.

6 Training Ideas for a Smoother HR Technology Rollout

Visier

Training colleagues to use a new HR technology can be daunting and there is a lot of pressure to get it right. Planning and communication were key to success. As a trainer, before you step into a classroom prepare yourself with these six training ideas.

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. Retailers should begin workforce planning now, says Adam Godson, Vice President of Global Technology Solutions at Cielo, a strategic Recruitment Process Outsourcing (RPO) partner. And turnover should always be a consideration for workforce planning.

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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What Works in Workforce Planning and Retention

WhoKnows

Workforce Planning – Key to Competitive Advantage. Most business leaders lack the visibility to predict future workforce needs and most HR professionals lack the right tools to provide insights on data-driven workforce questions. And if HR can’t provide smart data, they’ll not only lose credibility – they may lose their jobs. In most companies, total cost of workforce averages near 70% of operating expenses. The problem is not a lack of data.

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.

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.

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.

Think You Know Your Total Cost of Workforce? Think Again.

Visier

Do you have a detailed and accurate understanding of your total cost of workforce (TCOW)? This is because, in too many organizations, just finding the data can take several months, and as a result, this kind of overwhelmingly large project is only considered when it can no longer be avoided.

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.”.

5 Ways Your HRMS Hinders Data-Driven Decision Making

Visier

Leaders across the organization recognize that making workforce decisions based on facts and data—instead of intuition alone—is a key route to increasing their impact on the business. Truth #2: Integrating Multiple Data Sources Into Your HRMS Is Costly and Complex.

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Jobs Data Analysis at Davos Shows It’s Cheaper to Reskill Than Rehire Workers Displaced by AI

Burning Glass Technologies

A new Davos report using Burning Glass Technologies jobs data answers a basic question about technology and the future of work: in many cases, it’s cheaper to reskill workers than to hire new ones.

5 Ways Your HRMS Hinders Data-Driven Decision Making

Visier

Leaders across the organization recognize that making workforce decisions based on facts and data—instead of intuition alone—is a key route to increasing their impact on the business. Truth #2: Integrating Multiple Data Sources Into Your HRMS Is Costly and Complex.

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Why Data is the Key to Strategic HR Decisions

Visier

Historically, many issues arose from lack of data. Workforce analytics are now better than ever, but organizations need to properly access them, align their information with decision-making, and act accordingly. And then there’s all this data. Adding Data into the Mix.

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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.

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 ).

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. I’m an engineer by training, but when I got back to Hong Kong after university there was a dearth of jobs in the sector so I ended up moving into recruitment consultancy working on senior executive positions in the professional services and technology sectors.

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.

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.

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. Offer Skills Training. Train Managers and Supervisors.

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?

That State of American Jobs and Workers

China Gorman

While I was browsing the internet looking for some economic data, I came across this 2016 report from the Pew Research Center: The State of American Jobs. They conduct public opinion polling, demographic research, content analysis and other data-driven social science research.”.

The Pros and Cons of Six Different Competency Models

AvilarHR

According to Training Industry , a competency model is a framework for defining the skill and knowledge requirements of a job. selection tools, training design, skills inventories). Interviewers must be trained. Are a quick and efficient method for collecting data.

How to Develop Data-Analytics Skills in HR

Analytics in HR

The ability to analyze and extract valuable insights from workforce data is an increasingly sought-after skill in HR. But adding data-analytics competency in the HR staff is a challenge. Data Analytics Training Options.

Burning Glass Talent™ Mines the Data Employers Need to Match Hiring With Strategy

Burning Glass Technologies

New Burning Glass Technologies product guides firms in making data-driven decisions to improve their workforce. In a constantly changing environment, effective workforce planning is increasingly critical.

Three Ways HR Data Can Intensify The Growth Of Your Midsize Business

SuccessFactors

From relying increasingly on contingent employees and engaging a multi-generational workforce with a variety of needs and expectations to contributing strategically to the bottom line, HR leaders are setting a solid foundation for long-term, sustainable growth and expansion.

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A Strong Merit Promotion Process Builds a Strong Federal Workforce

Acendre

The federal workforce’s key role is to provide quality service to the public. With a human capital strategy, human resources can plan, develop, appraise and reward based on merit promotion principles. Educate and train to increase performance. .

Top 10 U.S. Cities Facing Aging Workforce Challenges

Burning Glass Technologies

Every workforce development agency has one metric they follow closely: the average age of their local workforce. What Factors C ontribute to an Aging Workforce? An aging workforce can be caused by many different factors. How to Respond to an Aging Workforce.

How Low-Skill Workers Can Survive Automation

Burning Glass Technologies

But with the right strategies, workforce agencies can make it easier for these workers to leverage the skills they have and transition to new jobs. In these cases, workforce agencies can target training for “adjacent jobs,” roles that demand similar skills to the workers’ former job.

Changing the Way We Think About Skills

Burning Glass Technologies

But these definitions of skills haven’t been precise enough to enable workforce boards, higher education, and businesses to make practical decisions. Higher education institutions can improve their curriculum planning by using the lens of this new skills framework.

Developing a Talent Analytics Function: Build, Buy, or Borrow

Lighthouse

In addition, building a need for analytics usage is similar to building the business case for strategic workforce planning. If someone walks in with a “strategic workforce plan” in a binder, drops it on your desk, and forgets about it, then they have failed at their goal.