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

Visier

Quick HR fixes, like filling a vacancy with a pricey new hire or instantly meeting demands for pay raises, may lead to near-term wins. But costly ad hoc solutions can have a negative long-term impact if they are applied to roles that end up being less valuable to the business. But with strategic workforce planning , it is possible to plan ahead — and not just react — in this rapidly changing business environment. Streamline the planning team.

5 workforce planning tools and how to use them

Business Management Daily

has come to the realization that strategic workforce planning is a necessity for the organization. Baby Boomers make up a significant portion of the company’s current workforce, and their retirement over the next few years could cause serious staffing shortages in key positions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Top Workforce Planning Courses

TalenX

Strategic workforce planning can improve the quality of your workforce. Strategic workforce planning, however, will be effective only when you know how to run the process the right way. Strategic Workforce Planning: A Fundamental Beginner’s Guide by Udemy.

Managing Costs through Workforce Planning

hrQ

With the evolution of workforce planning, this is both unnecessary and unwise. Workforce planning provides a platform by which cost-cutting can be a quantitative precision exercise where outcomes are more certain and the ability of the organization to remain effective can be preserved.

How to get started with strategic workforce planning

Business Management Daily

Businesses struggling to handle the here and now often put off thinking about their future workforce. Eventually, though, the issue jumps front and center — usually when staffing reaches a problematic stage. The need for strategic workforce planning. Current workforce.

How to Engage in Healthcare Workforce Planning

Precheck

How to Engage in Healthcare Workforce Planning May. The COVID-19 pandemic put an immense strain on healthcare workers and exacerbated the ever-growing healthcare workforce shortage. Workforce planning helps you predict the skills your organization will need to remain competitive.

6 Reasons Why Poor Workforce Planning Stunts Growth

Pingboard

Effective workforce planning occurs when an organization considers both internal and external factors to determine its future staffing needs and long-term organizational structure. This type of planning offers a range of benefits. On the other hand, poor workforce planning can lead to inadequately skilled employees, low morale, and reduced productivity. Here are six ways poor workforce planning can derail business growth.

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. In this article, we will dive into what workforce planning is, the process, give a number of examples, and end with a toolkit on how to get started when you want to start planning your workforce.

3 Real-Life Lessons About Workforce Planning

Pingboard

For any organization, thoughtful workforce planning can hold the keys to retaining talent, meeting employee expectations, and reaching important strategic goals. While it may be a challenge to successfully connect workforce planning activities with long-term business objectives, here are 3 real-life lessons that can help you get started in making those connections: 1. Embrace Technology or Get Left Behind. Article talent management workforce planning

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. There are a whole host of benefits that come with strategic workforce planning, from helping the company ensure the right people are in the right roles, to improving efficiency, new hire onboarding, and employee engagement. However, despite the wide array of benefits that come with it, many organizations still struggle with workforce planning.

Best Practices for Successful Workforce Planning During Economic Uncertainty

Eightfold

Heightened financial uncertainty has businesses of all sizes struggling to strategically plan for the long term. Company leaders are asking themselves, “Do I plan for leaner times, greater growth, or both?”. The answers to these questions directly impact workforce planning.

4 Reasons Why Your Business Should Focus on Workforce Planning

Pingboard

The business landscape is changing as a result of new advances in technology, as well as industry disruptors that leverage talent and technology in innovative ways. According to research conducted by Accenture , 61 percent of executives say they are not well prepared to change their workforce skill and job mix to transition into a digital business. Balance External Hiring with Internal Moves. One of the key components of workplace planning is recruitment.

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.

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. But if you swap out those clunky spreadsheets for the right business planning tool , scenario planning takes mere seconds and a few clicks of a button.

The 5 Steps of Analytics-Driven Workforce Planning

Analytics in HR

This means HR leaders are required to: Hire people who align with the company’s culture (the right people). 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. Instead, HR and workforce planners should be looking to people analytics to enable them to make better strategic decisions.

Why Agile Workforce Planning is Key for Organizational Success

Visier - Talent Acquisition

Rapid technology change, shifting demographics, competitive markets, and other trends have necessitated new types of business structures that are optimized for adaptability. 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. The 4 Critical Elements of Agile Workforce Planning.

Maximizing Team Performance with Workforce Planning

New to HR

Workforce planning consists of a set of strategies engineered to maximize the use of resources to accomplish goals , estimate and plan for progress and outline the basis of decision-making techniques while anticipating the needs of the business in the future. To create a workforce planning strategy for your business, first define what your overall goals are. The post Maximizing Team Performance with Workforce Planning appeared first on New To HR.

Talking Candidly About Workforce Planning for HR Executives

Precheck

Talking Candidly About Workforce Planning for HR Executives Dec. One thing stood out above the others, and it’s something every HR leader and team member faces: workforce planning. How Workforce Planning Supports Your HR Efforts.

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. Specifically, here’s what these solutions can provide: Executive dashboards. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends.

Preparing for the Post-Pandemic Hiring Rush

SHRM Resources

the economy rebounds and businesses aim to get fully staffed after having to lay off workers during the pandemic. Workforce Planning External Recruiting Talent Acquisition Metrics and Analytics Talent Acquisition Technology

Restructuring Hiring

HRO Today

In an uncertain world, recruiters are shifting gears to focus on short-term hiring. As offices have closed and social distancing becomes the norm, new techniques and technologies have been deployed and relied upon by recruiters to find, onboard, and retain the talent their clients need.

Strategic Workforce Planning is the Way Forward

Cielo HR Leader

It wasn’t something I had planned to do, but more of a happy accident. I’d sold my shareholding in a search business and was pondering my next move when I got a call from an old client asking if I could help with some staffing problems he was facing as part of the integration of an acquisition. Altogether we make over 500 experienced hires per year with about 180 emerging talents on top of this, plus we manage around 400 internal hires.

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. Specifically, here’s what these solutions can provide: Executive dashboards. Avoid passive “firefighting” reactions to staffing developments through dashboards and reports, which enable you to stay on top of imminent workforce trends.

Top 10 Succession Planning Tools and Software

Digital HR Tech

A rapidly aging workforce and a growing need to upskill people make succession planning – and therefore the use of succession planning tools – increasingly important. So on the one hand, we’ve got an aging workforce. PageUp Succession Planning.

From Workforce Management to Optimization: The Evolving Roles of HR and Operations

Workday

On top of losing jobs, the pandemic forced many workers to leave the workforce. They’re coping with the unprecedented challenges by offering hiring incentives : increased base pay for new hires, flexibility for employees to set their own hours, and tuition subsidies.

CFOs Can Create a Business Culture That Embraces Change and Generates Value

Workday

But increasingly, information and insight are being automated by cloud-based technologies , said Ash Noah, vice president and managing director, learning, education, and development, at the American Institute of Certified Public Accountants (AICPA). Our plan has become dynamic.”.

How Hershey Used Data to Increase Retention Rates and Improve Workforce Planning

Linkedin Talent Blog

snacking companies, having fully-staffed sales teams is a key ingredient for Hershey to make the most of these treat-filled seasons. In order to proactively plan for hiring needs ahead of time, Hershey needed a systematic process to predict attrition. And that’s exactly what Sean Kirlin , Senior Manager of HR Operations & Systems, and Emilie Thomas , Director of Advanced Analytics, set out to build with their teams at Hershey. Improving workforce planning.

8 Benefits of Using People Analytics

Visier - Talent Acquisition

Bad hires, regrettable attrition, cost overruns, poor productivity — these are just a few of the daily challenges HR leaders face—which people analytics can help. They fail to reveal how staffing shortfalls will impact revenue goals or net promoter scores. Quality of hire improvement.

Boese: How HR tech is responding to the new emphasis on skills

HRExecutive

But that keyword-matching process, while an improvement over the “gut feeling” of a recruiter or hiring manager, has always had limitations. This helps solve the problem of candidates who do not know how to “game” the system.

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.

The Top 25 Best Applicant Tracking Systems (Updated for 2018)

Proven

Hiring can seem like a daunting process, but it doesn’t have to be! Ideally, your company’s hiring process should be as efficient and effective as possible – and an applicant tracking system can make that happen. Applicant tracking systems are known for streamlining the hiring process through handling recruitment needs electronically. That’s why we have compiled the top applicant tracking systems to make hiring easier for you and your company.

Q&A on AI and Intelligent Tools with John Sumser

HR Examiner

Watch this video Q&A with John Sumser on AI and Intelligent Tools in the HR and Recruiting space during the coronavirus pandemic. Q&A on AI and Intelligent Tools with John Sumser. I prefer to call them intelligent tools. Any intelligent tool is only as good as its data.

To Keep Service Industry Workers—Try Listening

Visier - Talent Acquisition

Melissa, Jay and Ian share effective approaches not only to hire the right people, but to improve their experience in order to retain them for longer. There’s an enormous amount of investment and contact with an employee in that pre-hire state,” says Cook. “If

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. If a company starts staffing up around a certain role or skill set, that’s an early signal of what their larger strategy or initiative might be. A firm that starts hiring inside sales staffers may have had a rush of turnover, or it may be ramping up a new strategy.

HR TechStack – Applicant Tracking Systems

WhoKnows

Application Tracking Software Definition. An applicant tracking system (ATS) manages the recruiting process by collecting and organizing applicant information. These systems are used in the recruiting and hiring of new talent. They store applicant information in a centralized system of record so that candidate information can be retained until relevant information becomes available. Enable communication between the hiring manager and candidate.

AI and Intelligent Tools in HR Tech Right Now – Q&A, Reinventing HR

HR Examiner

Where we are now with Intelligent Tools (AI and Data). This video by John Sumser is his talk on where we are right now with Intelligent Tools (AI and Data) in the HR and Recruiting space in the times of the coronavirus pandemic. I prefer to call them intelligent tools.

Solving the Talent Crunch

HR Daily Advisor

The HR Daily Advisor recently sat down with Zoe Harte, Senior Vice President of Human Resources & Talent Innovation at Upwork to discuss the current hiring crisis and what can be done about it. 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.

A Holiday Shopping Season like No Other

Workday

As the season approaches, retail CHROs are staffing up to meet the demands of pandemic holiday shopping, like shopping assistants to go through the store and pick up items for customers who are waiting to pick them up curbside.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”. Building your People Analytics Solution. Recently, I learned about a large software organization’s quest to build a people analytics solution.

Understanding the Basics: What Is Human Capital Management Software?

Workday

This blog is part of a series explaining the technologies that help companies manage their people and money. Today’s workforce encompasses five generations , a range with different workplace needs and expectations. Paying your workforce.