Using People Analytics for Strategic Workforce Planning
Given the Great Resignation, recent mass layoffs, and store closures, the past year has shown just how crucial strategic workforce planning can be to...
The future is here! How are you adapting to these two seismic shifts in the HR space: Your teams and their key focuses? These recommendations can help.
To say that HR is undergoing significant transformation is quite an understatement. But in the shadow of AI/ML, people analytics, and other massive splashes, two familiar foundations are shifting: HR team structures and what HR teams are focusing on. Here's a flyover of what's at stake.
HR team structures are evolving to bridge traditional functions with analytics, technology, and strategic planning. It's important to know what's changing and how your business can adapt:
Impact of Layoffs - Layoffs, especially in tech, force HR teams to rethink their strategies. Some companies downsize, while others use this time to attract top talent, leading to more diverse and adaptable teams.
Recommended Approach:Optimal Team Size - There’s a growing belief that HR teams can be more effective with a smaller, well-defined team size. Bigger isn't always better; the right team size can enhance efficiency.
Recommended Approach:As team structures change, so do their priorities. HR must now be focusing on three key areas: data infrastructure, productivity analytics, and skills and workforce planning.
Productivity Analytics - The shift to remote and hybrid work has made productivity analytics essential. HR needs to measure productivity accurately and understand what influences it, especially in new work environments.
Recommended Approach:
Implement productivity tracking software and regularly analyze the data to refine remote work policies and improve employee performance.
Ready to get ahead of these shifts and redefine the impact of HR in your organization? Download this new resource today to take a deeper dive into all 6 of this year’s top emerging trends for people analytics.
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