Conquer 3 Major Challenges of Workforce Planning
Acterys | Plan to Succeed
Agile Planning, Modeling, & Analytics with Microsoft Power BI, SQL Server & Excel
Are you struggling with the growing expenses of labor, constant lack of skilled workers, and the added difficulty of coordinating human resources investments with company objectives?
According to Gartner, only one-third of HR leaders are confident in their company’s capability to effectively use data in their workforce planning processes. Despite having suitable strategies in place, numerous organizations encounter significant obstacles when implementing workforce planning technology.
Strategic workforce planning solutions can help you forecast future staffing needs, recognize potential talent gaps, and align your workforce with long-term business objectives. However, selecting the appropriate workforce planning tools is crucial. These solutions should be adaptable, user-friendly, scalable, and able to integrate seamlessly with existing financial and operational systems to facilitate efficient decision-making.
Here are three major obstacles you might run into in your workforce planning process — and what you need to overcome them.
Limited Flexibility
Many workforce planning tools lack the necessary flexibility for businesses. In fields such as private equity or retail, where workforce needs can shift rapidly, tools must be customizable and able to adapt swiftly. The top-performing solutions, such as those that are integrated with Power BI and Excel, enable you to modify workforce plans using up-to-date information.
Poor Integration with Existing Systems
A major obstacle in workforce planning involves merging data from multiple sources, including HR systems, financial planning tools, and operational metrics. The most effective workforce planning solutions can combine all of this data into a single platform, such as Acterys, which can help HR teams make well-informed choices.
Lack of Real-Time Insights
Not having immediate access to information can result in decisions being made using old data, which can result in ineffective staffing strategies and avoidable expenses. However, workforce planning and analytics solutions can address this problem by providing real-time updates on workforce metrics.
When selecting a workforce planning tool, HR leaders need to evaluate their unique operational needs. Make sure you select strategic workforce planning software that supports your operational needs and helps you plan for the future more effectively.
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[Video] Streamline Your Project and HR Planning in Power BI
Whether you’re looking to improve your forecasting accuracy or enhance your project management strategy, this video provides practical insights and tips for leveraging Power BI and Acterys to make complex data analysis simpler and more actionable.
Learn how to create detailed reports that enhance your ability to manage business processes, optimize project allocation, and analyze HR costs effectively. The video also covers functionality like the creation of revenue and HR cost pages, the implementation of comparative scenario modeling with actual versus forecast data, and interactive employee cost allocation.
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