Closing the Loop: Linking Workforce Planning, Analytics, and Hiring

Visier

In order to keep up with skill shortages and avoid costly role vacancies, organizations need to close the loop between business strategy, workforce planning, and talent acquisition. Where Workforce Data is Used. Workforce Intelligence 101 talent acquisition workforce planning

Managing Costs through Workforce Planning

hrQ

Whether caused by the economy, industry dynamics, or company actions, it is something that almost all organizations face at some point. With the evolution of workforce planning, this is both unnecessary and unwise. Cost-cutting is a reality of organization life.

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Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

We are in an unprecedented war for talent: companies cannot hire fast enough to keep up with their workforce demands. “Companies cannot hire fast enough to keep up with their workforce demands” – @VisierAnalytics Click To Tweet. The Better Way to Do 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. That’s where workforce planning comes in. Has the relative attractiveness of your industry or company gone down?

Talking Candidly About Workforce Planning for HR Executives

Cisive

I recently attended a Healthcare Talent Symposium with a group of organizational leaders in the healthcare industry and had the unique opportunity to hear from both speakers and participants about their most significant concerns, challenges and struggles in talent acquisition today. 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. HR Industry New

The Role Of HR Analytics In Workforce Planning

Get Hppy

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Companies cannot hire fast enough to keep up with their workforce demands.”. The challenge of workforce planning.

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.

The 5 Steps of Analytics-Driven Workforce Planning

Analytics in HR

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. Data vizualisation of a workforce plan.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. Workforce planning.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. Workforce planning.

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

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. Develop The Right Mix of Workforce Diversity. Advance Your Workforce Planning.

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.

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

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. Recommended Read: Five Awesome Recruitment Metrics for Tech Innovation Success ].

Global Study: How Tech Companies Are Building Organizational Agility

Workday

Tech industry leaders know that they must evolve to survive. 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.

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Research Preview: Unlocking Organizational Agility to Drive Digital Growth

Workday

No one can predict the future and the seismic shifts that can rapidly arise in their industry. Because this issue is so important in today’s world, we conducted “Organizational Agility at Scale: The Key to Driving Digital Growth,” a global study of 998 business leaders across a number of industries. Here are the five behaviors that are necessary for organizational agility: Enable Continuous Planning. Upskill the Future Workforce.

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.

3 Ways Professional Services Firms Can Prosper

Workday

In my last blog , I reported on how the professional services industry is at an inflection point with many key performance indicators (KPIs) in decline. With the release of Service Performance Insight’s “2017 Professional Services Maturity Benchmark,” it’s clear the professional services industry continues to face challenges. Both revenue and headcount growth continue to decline while workforce attrition is increasing.

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

TalentCulture

This past spring, I welcomed the ‘Industry Trends in Human Resources Technology and Service Delivery Survey,’ conducted by the Information Services Group , a leading technology insights, market intelligence and advisory services company.

HR: Workforce Dynamics Are Driving Change In Oil And Gas

SuccessFactors

And we see many factors driving the shifting oil and gas workforce, including demographics, technology, and globalization. The industry will require a surge of tech-enabled workers for many engineering, maintenance, and operations positions. The industry’s talent profile is changing.

Using Data to Link Talent Decisions to Business (Webinar)

TalentCulture

The HR industry talks a lot about analytics and data. The figures vary across industries and titles, but selecting employees who are knowledgeable, trainable and a good fit for the workplace culture is a fine art. Yet are we using data to link talent decisions to business?

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What 4,000 Talent Leaders Believe About the Industry (and Why They are Wrong)

Linkedin Talent Blog

LinkedIn surveyed more than 4,000 talent leaders from around the world to uncover their challenges, thoughts and future plans. Talent acquisition has been important since long before I entered the workforce almost 50 years ago.

Why Banking On Your Workforce Boosts Business Results

Visier

There is a lot we can learn from the financial services industry. Constantly changing regulatory and remuneration policies , as well as post-recession restoration pressures, are making it difficult to attract and retain key people in the financial services industry (FSI).

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

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. The second metric provides slightly more insight.

I Need A Nurse, Stat!

The Tim Sackett Project

If you’re in the healthcare industry, you already know this and you’re living this nightmare each day. Join Cathy Henesey, ASHHRA Board member, and Director of Talent Acquisition & Workforce Planning at AMITA Health and myself for a free webinar hosted by CareerBuilder that will outline 10 things you should be doing to fill your nursing openings! Metrics around what recruiting pools will be most effective for you to be fishing in.

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. This industry is fast-paced and continuously evolving. IQPC HR Analytics & Metrics Summit.

Top 10 People Analytics Difference Makers to Look For

Visier

As the leader in people analytics, Visier has over 8 million employee records from working with hundreds of organizations across a variety of industries. Over 900 pre-defined metrics provide more than just a starting point. Travelling to HR Tech next week ?

How to Measure Learning and Development’s Business Impact

Visier

While you focus on training scores, learning retention, trainer assessments, etc, the business will be thinking about revenue, profit, customer satisfaction, same store sales, cost per unit, return on capital, and many other metrics.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. The Era of Workforce Analytics. Impact on Business Metrics.

Post-Brexit Workforce Challenges: How to Strategically Plan Through Ambiguity

Visier

In times of uncertainty, strong people leaders who can rapidly define and shape the workforce required to strategically position the organisation for success offer more than a competitive advantage. Strategic Planning Through Ambiguity: An Opportunity for HR.

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Talent Acquisition Systems Effect on the Candidate Pipeline

HRchitect

Pipeline management allows for just in time recruiting for those practitioners in high growth industries where competition is fierce for highly skilled positions. Access to social media outlets, company branding, workforce planning, advanced metrics, easier integrations and more.

How Does Turnover Impact Your Organization’s Bottom Line?

Visier

In some industries, you may even be losing revenue if your best sales person takes clients with them. . Some industries and locations have higher turnover rates than others. For example, the retail industry will always experience seasonal fluctuations that are very healthy for business.

Deloitte Research: How Successful Organizations Use People Analytics to Drive Decision-Making

Visier

According to the High-Impact People Analytics industry study by Bersin by Deloitte , organizations that use people analytics to support business decisions see 82% higher three-year average profits than their low-maturity counterparts.

People Analytics for Employees with Multiple “Jobs”

Visier

There is a fluidity to the workforce, where people move in and out of roles–and organizations–as needed, and technology can be brought in to take over certain rote tasks. Assignment records contain their own metrics, independent from each other.

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.”. Metrics Categories.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. The Era of Workforce Analytics. Impact on Business Metrics.