The Infohrm Group, the global leader in workforce planning, reporting, and analytics today announced the results of their 2007 survey entitled "Global Approaches to Workforce Planning: What is Working"Featuring data from over 180 organizations, the survey polled participants on such issues as their level of preparedness for a skills shortage, the extent to which they conduct comprehensive planning processes, and the critical success factors required for effective workforce planning.
The findings were released as part of a keynote presentation by Infohrm's Managing Director, Anastasia Ellerby, at the company's 3rd Annual Conference entitled Human Capital Analytics:
Driving Business Outcomes.
Key findings include:
- Only 14% of organizations are prepared for the potential loss of skills, corporate knowledge and leadership that will occur within the next five years.
- Prepared firms are much more likely (42% as compared to just 8% of under-prepared firms) to conduct formal workforce planning processes integrated with strategic business planning.
- While industry thought-leaders have long recommended that firms focus workforce planning efforts on critical job roles, results indicate that prepared organizations conduct planning for
all job roles, a finding with significant implications for human capital resource allocation.
According to Infohrm's Anastasia Ellerby, "Organizations with integrated workforce planning processes can realize significant benefits, such as identifying early-warning signs of human
capital risks, implementing more targeted recruitment strategies, and improving the allocation of finite HR resources." That said, we see a range of potential roadblocks to achieving
success, especially the absence of senior and line management commitment and a shortage of analytical skills within HR." The complete survey findings can be accessed here ( a leading edge
on-demand technology platform with strategic consulting services to focus on the analysis of data to help organizations make informed decisions around human capital practices. Learn more
at a href="http://www.infohrm.com"linkClick( this.href );">www.infohrm.com
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