3.11 visier workforce_webinar

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  • #WFwebinar

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    Workforce Intelligence: The Future of Talent Management

  • #WFwebinar

    Speaker: Ian Cook Director, Product Management Visier

    Moderator: Ladan Nikravan

    Senior Editor Workforce magazine

    Workforce Intelligence: The Future of Talent Management

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    1. May I receive a copy of the slides? YES! Click on the resource list located on the top left

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    presentation on-demand.

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    the right of the slides after the required watch-time has elapsed.

    Frequently Asked Ques6ons

  • #WFwebinar

    Ladan Nikravan Senior Editor Workforce magazine

    Workforce Intelligence: The Future of Talent Management

  • #WFwebinar

    Ian Cook Director, Product Management Visier

    Workforce Intelligence: The Future of Talent Management

  • 2014 Visier

    The Future of Talent Management

    March 11, 2015 Ian J. Cook, Director Product Management, Visier

  • Page 11

    Maximize your business outcomes, through your people

    ANALYZE From data to insight

    ALIGN From insight to plans

    ACT From plans to outcomes

    VISIER WORKFORCE INTELLIGENCE

  • Page 12

    SOME OF OUR AMAZING CUSTOMERS

  • Page 13

    TODAYS AGENDA

    1. How has Talent Management evolved?

    2. What is Workforce Intelligence?

    3. How does Workforce Intelligence support - Recruiting - Retention - Performance Management - Succession Planning - Compensation

  • Page 14

    The Evolution of Talent Management

  • Page 15

    TALENT MANAGEMENT DEFINED

    Talent consists of those individuals who can make a difference to organizational performance either through their immediate contribution or, in the longer-term, by demonstrating the highest levels of potential. Talent management is the systematic attraction, identification, development, engagement, retention and deployment of those individuals who are of particular value to an organization, either in view of their high potential for the future or because they are fulfilling business/operation-critical roles.

    Source: CIPD, UK

  • Page 16

    TALENT MANAGEMENT DEFINED

    16

    Employee Value

    Proposi6on Brand

    Rewards Recogni?on Experience

    Source Build Buy

    Borrow

    Deploy Onboarding Networking

    Develop Training

    Assignments

    Progress Promote Transfer

    Job rota?on

  • Page 17

    TALENT MANAGEMENT EVOLUTION

    17

  • Page 18

    TALENT MANAGEMENT EVOLUTION

    18

    Increasing Impact and Scarcity of Knowledge / Skills

    Incr

    easi

    ng F

    ocus

    on

    Tale

    nt M

    anag

    emen

    t Goal: The right person, in the right role, at the right time, for the right cost.

  • Page 19

    THE CEOS AGENDA

    19

    " CEOs used to worry solely about cost in the last 10 years they are increasingly worried about talent quality

    Source: PWC 17th CEO Survey http://www.pwc.com/gx/en/ceo-survey/2014/hrs-talent-perspective.jhtml

  • Page 20

    URGENT NEED FOR CHANGE

    20

    " There is a big gap between CEOs expectations and what the HR function is delivering

    Source: PWC 17th CEO Survey http://www.pwc.com/gx/en/ceo-survey/2014/hrs-talent-perspective.jhtml

  • Page 21

    How does Workforce Intelligence drive results

  • Page 22

    WORKFORCE INTELLIGENCE DEFINED

    Workforce Intelligence enables companies to maximize business performance through

    their people.

  • Page 23

    WORKFORCE INTELLIGENCE DEFINED

    Analyze

    Key Business Questions

    Align

    On Goals and Strategies

    Act

    On Plans and Decisions

  • Page 24 24

    WORKFORCE INTELLIGENCE IN ACTION

    Analyze What is our historical resignation rate? Align What resignation rate will we experience in the future?

  • Page 25 25

    WORKFORCE INTELLIGENCE IN ACTION

    Act How do we adjust our programs to meet our business objectives?

  • Page 26

    Workforce Intelligence in Action

  • Page 27

    RECRUITING

    " React: Focus on filling approved positions quickly

    " Analyze: Where are the bottlenecks in the hiring process?

    " Align:

    What roles are critical to business success?

    " Act: Monitor and adjust hiring resources based on key

    business goals

  • Page 28

    RECRUITING

  • Page 29

    RETENTION

    " React: Deliver reports with basic turnover results.

    " Analyze: Why are people leaving?

    " Align: Where does turnover hurt the business?

    " Act: Focus on retaining only the talent you need

  • Page 30

    RETENTION

    Predict who has the highest likelihood of leaving and use this to identify candidates for stay interviews.

  • Page 31

    PERFORMANCE

    " React: Report on who has and has not completed a

    performance review

    " Analyze: Whether overall performance is increasing in the right

    roles and business units

    " Align: Where to focus to develop performance and increase

    organizational capacity

    " Act: Build development needs into workforce plans to

    support business growth

  • Page 32

    PERFORMANCE

    32

    Are we increasing performance year over year?

  • Page 33

    SUCCESSION

    " React: Track based on leader recommendations

    " Analyze: Overall depth of succession pools and key talent risks

    " Align: Where and how to build succession depth

    " Act: Align and track leadership investments to maximize

    business results

  • Page 34

    SUCCESSION

    34

    How deep is our succession coverage?

  • Page 35

    COMPENSATION

    35

    " React: Bounce between the different demands of finance

    and line management

    " Analyze: Where and how total rewards are increasing

    " Align: People and costs to deliver a single integrated view

    " Act: Use detailed knowledge of total workforce costs to

    plans and monitor results

  • Page 36

    COMPENSATION

    36

    Quickly identify where workforce costs exceed plan.

  • Page 37

    WORKFORCE INTELLIGENCE DEFINED

    Analyze

    Key Business Questions

    Align

    On Goals and Strategies

    Act

    On Plans and Decisions

  • Page 38

    RESOURCES

    38

    Join a Visier product expert for a 30-minute introductory demo of Visiers Workforce Analytics & Planning solutions: http://www.visier.com/lp/workforce-intelligence-demo/

  • DISCUSSION " Ian J. Cook " ian.cook@visier.com

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