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.

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. Navigating Nurse Retirement with the New Workforce Planning.

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?

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.

The Future of Workforce Planning

HR Daily Advisor

by Scott Guinn, product marketing director for HR solutions, Anaplan. One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements.

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.

How Cisco Is Getting to Know Each of Its 70,000 Employees

TLNT: The Business of HR

At Cisco, we are trying to do just that – harness the power of every member of the talent ecosystem to realize greater revenue, productivity and engagement. Future of HR HR Insights Organizational Leadership Planning Succession Planning Workforce Planning Featured

Giving a voice to the voiceless with technology

The Aristocracy of HR

000020000010Campaign/FTC disclosure: This is a sponsored product review. I only work with companies I feel have great products, services and offerings. I will receive compensation for this post.

The Art of Matchmaking Blog Series: Step 5 – Career Mapping and Succession planning

HR Management

The Art of Matchmaking Blog Series: Step 5 – Career Mapping and Succession planning. Successful organizations have focused their talent management activities such as attraction, recruiting, hiring, onboarding, performance management, employee development, team building, and succession planning into a strategic workforce plan. A career and succession plan are not an exclusive HR function.

Maximize HR Leadership Effectiveness [INFOGRAPHIC]

KeenAlignment

If you are committed to reversing the trend of desperate-based hiring and creating more engagement and productivity in your workforce, download our value packed infographic!

5 Ways Your Org Chart Can Kick-Start Your Succession Plan

Insperity

When properly used as a workforce planning tool, it allows you to make staffing decisions that spur growth, including those involved with succession planning. Here are some ways an org chart can help you put together a strong succession plan, so you can quickly curb any disruption to your business when key employees leave. But succession planning isn’t just disaster recovery aimed at the uppermost levels of an org chart.

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.

Alternatives to Firing an Employee

AvilarHR

It’s very possible that there could be an unknown hindrance that is preventing your employee from being productive or from completing tasks as you are expecting. Having an effective competency management system in place can help you: Define the skills needed to perform each job successfully.

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. We’ll update this page as more people analytics and workforce planning conferences come up.

Talent Management Strategy Guide

ClearCompany HRM

In general, performance management processes are fairly transactional between employee and leadership, narrowly focused on the individual’s productivity and ability to meet expectations. Organizations experience 50% greater new-hire productivity when they have a standard onboarding process.

How Four Companies Enable their HRBPs with People Analytics

Visier

And I asked a question in a survey on leading practices about people analytics challenges, and the number one obstacle to success was, “We do not have a ‘data-driven’ skillset within HR and among our HR business partners.” .

5 Ways to Adapt to an Aging Workforce

Career Partners International

In today’s environment of rapid change, forward-thinking organizations recognize the need for strategic workforce planning. However, there is one cohort that is often overlooked in workforce planning – the older worker or “late-stage careerist.”

2018: The Evolution of HR

ClearCompany HRM

Is it just simple videos or demos about a product? 80% of learners say they would be more productive if their place of work was more game-like. Training and HR will become closely tied in their workforce and succession planning endeavors.

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?

Secure the Right HR Business Partner Manager for the Future

Visier

One who, in addition to having responsibilities for the HR aspects of their job, is successful at enabling people analytics within their organizations. What characteristics do our most productive employees share?

Data 356

How to Successfully Select and Implement an HRIS | Human Resources Information System

Analytics in HR

This article will explain how an HRIS works, how they relate to HR analytics, and how they can be successfully selected and implemented. Pre-HRIS Product Selection criteria. Price scoping of competing products. Post HRIS Product Selection – SIPOC Mapping.

How to be an HR department of one

Insperity

To meet maximum productivity and success, it’s important that you, as the singular HR employee, focus on three major areas: the pre-employment phase, onboarding and management training. Managers are key stakeholders in both the success of the company and individual employees alike.

What is HR Reporting and Which Suites Do It Best?

TrustRadius HR

There was such an increase in employee productivity and less sick days used; it was absolutely a win/win for everyone. How do you use it to create a more productive workforce?

How Succession Management Can Improve Retention

Paycor

Succession management, especially with unemployment at an all-time low, is a crucial element for long-term workforce planning. In fact, a Software Advice study found that 62% of employees would be more significantly engaged at work if their employer instituted a succession plan.

Getting Ahead

HRO Today

To successfully implement an agile process, HR professionals need to gain the full support of the C-suite. Rapid new product introduction? The key to ensuring an optimal agile process is proper workforce planning,” says Shafar.

Why HR is Important

Pingboard

Here are 10 key reasons why the human resources department is important to the success of any organization: 1. HR is at the Crossroads of a Business’ Success. HR Helps Develop an Engaged Workforce.

Using people analytics to get to High-Impact HR

HR Times

High-Impact HR refers to an HR function that helps the business excel in key areas—adapting to market changes, introducing new products and services faster, being more responsive to customer needs, operating efficiently and cost-effectively, and beating the competition.

The 12 Key Functions of Human Resources

Digital HR Tech

According to Storey (1995) , HRM is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques.

Key Takeaways from HR Technology Conference 2018

Visier

We welcomed people analytics practitioners and seekers to our booth, where we were excited to show them three new product capabilities: CEO Pay Ratio – this enables public companies to more easily meet new US government CEO Pay Ratio disclosure requirements, with pre-built metrics for CEO Pay Ratio and Median Employee Pay. If the tools you buy do not improve productivity in some way, why are you doing it?

2020 Guide To Recruiting & HR Events, Part 1

Entelo

With the new year around the corner, it's time to start thinking through your 2020 plan. Hiring Success. About: With industry-leading speakers who bring thought provoking perspectives on talent acquisition, Hiring Success will help take your game to the next level.

Your Guide to AI Talent Acquisition

AllyO

Long-range workforce planning and finding specialists, top executives, and strategically important talent are critical pieces of talent acquisition. . Workforce Planning and Strategy. Based on this information, develop a strategic plan to meet those demands.

Workday Rising Daily: Workday Innovation Keynote and More

Workday

He let attendees know they’d be learning during the Innovation Keynote about how we’re deploying machine learning across all of our products. Here are some of the news highlights and product announcements from the keynote: Workday People Experience.

Workers are looking – and leaving – for career development

HR Morning

Employee development is at the heart of successful talent management. Turnover costs include hiring, onboarding, training, ramp time to peak productivity, decreased engagement by remaining workers, higher business error rates, and general culture impacts. Succession planning. Whenever employees leave, organizations lose hard-to-replace knowledge about what has been successful and unsuccessful in moving strategy forward. Workforce demographics.

The onus, or bonus, of human analytics?

Benify

From an HR perspective, people analytics has a very real effect on the bottom line simply because attracting and retaining the right talent can spell the difference between the success and failure of a company.

8 Good Things We All Can Learn From Millenials

TLNT: The Business of HR

Millennials have shaped and consumed innovations and they will soon be the most dominant generation in the workforce. Offering this flexibility to the workforce is a huge differentiator to attract and retain talent. Have your workforce reflect your customer base.

#ATD2016 Talent and HR Planning

Strategic HCM

So basically there are 8 different elements to HR planning which should be included on the value matrix plotting out a people and organisation strategy. AXA thinking that workforce planning was an appropriate response to their digital transformation is a good example.

Reshaping Talent Management in the Millennial Era

TrustRadius HR

If a role fails to fulfill their expectations, the next-generation workforce will gladly trade it in for another opportunity. Whatever the reason, turnover impacts team cohesion, employee morale, productivity, and overall culture. Succession Planning.