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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
#WFwebinar
	
   	
  
	
  	
  
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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
TODAY’S 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
IncreasingFocuson
TalentManagement Goal:
The right person,
in the right role,
at the right time,
for the right cost.
Page 19
THE CEO’S AGENDA
19
" CEO’s 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 CEO’s 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 2424
WORKFORCE INTELLIGENCE IN ACTION
Analyze – What is our historical resignation rate?
Align – What resignation rate will we experience in the future?
Page 2525
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
Visier’s Workforce Analytics & Planning solutions:
http://www.visier.com/lp/workforce-intelligence-demo/
DISCUSSION
"   Ian J. Cook
"   ian.cook@visier.com
#WFwebinar
	
   	
  
	
  	
  
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webinar evaluation.
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3.11 visier workforce_webinar

  • 1. #WFwebinar The presentation will begin at the top of the hour. A dial in number will not be provided. Listen to today’s webinar using your computer’s speakers or headphones. Workforce Intelligence: The Future of Talent Management
  • 2. #WFwebinar         Speaker: Ian Cook Director, Product Management Visier Moderator: Ladan Nikravan Senior Editor Workforce magazine Workforce Intelligence: The Future of Talent Management
  • 3. #WFwebinar         Tools You Can Use Audio Control –  A dial in number will not be provided. –  Adjust the volume by sliding the indicator in the Media Player box to the left. –  Also check your computer’s volume for external speakers or headsets.
  • 4. #WFwebinar Tools  You  Can  Use   Speaker Bios Resources Media Player Q&A Slides Twitter Help Post Event EvaluationShare This Group Chat HRCI WF Webinars
  • 5. #WFwebinar         Tools You Can Use Q&A and Live Group Chat –  Enter your first name and initial and join the live discussion with other webinar attendees –  Enter technical or content- related questions into the Q&A box –  Type your question in the space at the bottom. –  Click “Submit.” Q&A Group Chat
  • 6. #WFwebinar         Tools You Can Use Twitter -  Click “Post” in the Twitter widget. #WFwebinar @WorkforceNews
  • 7. #WFwebinar         1. May I receive a copy of the slides? YES! Click on the resource list located on the top left portion of your screen. 2. May I review the webinar recording at a later date? YES! You may log in again using today’s link to review the presentation on-demand. 3. Is this webinar HRCI certified? YES! The HRCI certification code will appear in the box to the right of the slides after the required watch-time has elapsed. Frequently  Asked  Ques6ons  
  • 8. #WFwebinar         Ladan  Nikravan   Senior  Editor   Workforce  magazine   Workforce Intelligence: The Future of Talent Management
  • 9. #WFwebinar         Ian  Cook       Director,  Product  Management   Visier   Workforce Intelligence: The Future of Talent Management
  • 10. © 2014 Visier™ The Future of Talent Management March 11, 2015 Ian J. Cook, Director Product Management, Visier
  • 11. 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
  • 12. Page 12 SOME OF OUR AMAZING CUSTOMERS
  • 13. Page 13 TODAY’S 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
  • 14. Page 14 The Evolution of Talent Management
  • 15. 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
  • 16. 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    
  • 18. Page 18 TALENT MANAGEMENT EVOLUTION 18 Increasing Impact and Scarcity of Knowledge / Skills IncreasingFocuson TalentManagement Goal: The right person, in the right role, at the right time, for the right cost.
  • 19. Page 19 THE CEO’S AGENDA 19 " CEO’s 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
  • 20. Page 20 URGENT NEED FOR CHANGE 20 " There is a big gap between CEO’s 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
  • 21. Page 21 How does Workforce Intelligence drive results
  • 22. Page 22 WORKFORCE INTELLIGENCE DEFINED Workforce Intelligence enables companies to maximize business performance through their people.
  • 23. Page 23 WORKFORCE INTELLIGENCE DEFINED Analyze §  Key Business Questions Align §  On Goals and Strategies Act §  On Plans and Decisions
  • 24. Page 2424 WORKFORCE INTELLIGENCE IN ACTION Analyze – What is our historical resignation rate? Align – What resignation rate will we experience in the future?
  • 25. Page 2525 WORKFORCE INTELLIGENCE IN ACTION Act – How do we adjust our programs to meet our business objectives?
  • 27. 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
  • 29. 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
  • 30. Page 30 RETENTION Predict who has the highest likelihood of leaving and use this to identify candidates for stay interviews.
  • 31. 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
  • 32. Page 32 PERFORMANCE 32 Are we increasing performance year over year?
  • 33. 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
  • 34. Page 34 SUCCESSION 34 How deep is our succession coverage?
  • 35. 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
  • 36. Page 36 COMPENSATION 36 Quickly identify where workforce costs exceed plan.
  • 37. Page 37 WORKFORCE INTELLIGENCE DEFINED Analyze §  Key Business Questions Align §  On Goals and Strategies Act §  On Plans and Decisions
  • 38. Page 38 RESOURCES 38 Join a Visier product expert for a 30-minute introductory demo of Visier’s Workforce Analytics & Planning solutions: http://www.visier.com/lp/workforce-intelligence-demo/
  • 39. DISCUSSION "   Ian J. Cook "   ian.cook@visier.com
  • 40. #WFwebinar         Please complete the webinar evaluation.
  • 41. #WFwebinar         Join our next Webinar! Sourcing Success: Strategies to Find Your Best Candidates Tuesday, March 17, 2015 Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register for all upcoming Workforce Webinars at www.workforce.com/webinars OR click the icon on the widget bar!