Are you extracting real value from Workforce Data?

Are-you-extracting-real-value-from-Workforce-Data

Organisations with a mostly ‘casual’ workforce have made significant investments in Workforce Management systems.

The Finance, Ops and HR functions need reliable systems that allow them to manage various complexities such as; hundreds/thousands of employees, shift work, multiple awards, the need for tight audit trails, etc.

Workforce Management is an inescapable cost of doing business. Workforce Intelligence, on the other hand, is a widely untapped source of competitive advantage. It helps generate actionable insights from workforce data and deliver improvements to the bottom line, reduce risk, and open up new opportunities.

I believe good Workforce Intelligence comes down to three principles:

  1. Concentrate on critical data, not all data.
  2. Go on a journey of Analytics to discover new information. Don’t depend on merely the reports you have traditionally used.
  3. Establish a culture that welcomes change, and adapt to better ways of working.

Investing in Workforce Management is a good first step. However, by itself, it is not quite enough. The business benefit lies in extracting real value for future workforce decisions.

Subscribe to our newsletter

Your email address will only be used for news updates and you can easily unsubscribe at any time

Discover more

Scheduling and Rostering: Balancing employee and business needs in peak demand

Scheduling and Rostering: Balancing employee and business needs in peak demand

The Christmas and New Year’s period generates myriad challenges for workforce managers and their teams. Customer demand soars as your customers and employees take
Why payroll compliance is a non-negotiable for all companies

Why payroll compliance is a non-negotiable for all companies

The Fair Work Ombudsman (FWO) has released their priorities for the financial year and stated that large corporates are one sector of focus for
5 workforce planning challenges experienced in Container Port Operations

5 workforce planning challenges experienced in Container Port Operations

Cargo containers and ships often stand out as the most noticeable aspect of port operations, but the people behind these operations really drive the