11. People Analytics for Workforce Planning

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People Analytics for Workforce Planning

Leveraging data to optimize workforce efficiency

Khizer Ijaz
Ahmad Suleman
Abdul Razzak
Learning Objectives

● Understand the importance of People Analytics in Workforce Planning.


● Identify key metrics used in People Analytics for effective workforce management.
● Learn how to interpret data insights to make informed decisions in workforce planning.
● Explore the role of technology in enhancing People Analytics for better organizational
outcomes.
● Develop practical skills in applying People Analytics techniques for workforce optimization.
Learning Questions

1. Why is People Analytics essential for effective Workforce Planning?


2. What are some common metrics used in People Analytics to measure workforce
performance?
3. How can data insights from People Analytics contribute to informed decision-making in
workforce management?
4. What role does technology play in improving People Analytics for better organizational
outcomes?
5. How can one apply People Analytics techniques to optimize the workforce within an
organization?
People Analytics for Workforce Planning

People analytics, or HR analytics, involves using data analysis and


insights to make informed decisions about an organization's
workforce. It includes collecting, analyzing, and interpreting data
related to employee performance, engagement..

● Using numbers and data to plan how a team works


better. It helps save money, find good people, and make
the team stronger.
● It's like showing how using data helped some companies
do their work better. For example, finding the right
people to hire or keeping employees happy.
● Making choices based on facts and numbers instead of
just guessing. It's important because it helps businesses
be better, learn from mistakes, and do things smarter.

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Workforce Planning
● Workforce planning is like planning a team for a game. It means
thinking ahead about who you need, what skills they should have,
and when you need them.
● Imagine a puzzle. Workforce planning is like finding the right
puzzle pieces (employees) that fit the picture (organizational
goals).
● Think of it like cooking. You need the right ingredients
(employees) in the right amounts. Workforce planning considers
things like how many people, what skills, and when to hire or train
them.
● Workforce planning uses different tools and ways to figure out who
is needed and when. This can include looking at past data, talking
to team leaders, and using technology to predict future needs.

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Identifying Workforce Needs
● Analyzing current workforce composition
● Identifying skills gaps and future requirements
● Predicting workforce demand and supply
● Leveraging predictive analytics for accurate projections

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Talent Acquisition and
Retention
● Using analytics to optimize recruitment strategies
● Identifying sources of high-quality talent
● Improving candidate selection and onboarding processes
● Effective methods for talent retention

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Skills Development and
Training
● Identifying competency gaps and training needs
● Designing tailored training programs
● Tracking the effectiveness of training initiatives
● Continuous learning and upskilling practices

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Succession Planning
● Identifying and nurturing future leaders
● Creating a succession pipeline
● Using analytics to assess leadership potential
● Implementing effective succession planning strategies

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Employee Engagement and
Satisfaction

● Measuring and assessing employee engagement


● Understanding the factors influencing job satisfaction
● Leveraging analytics to improve employee experience
● Linking engagement to performance and productivity

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Workforce Diversity and
Inclusion
● Analyzing diversity and inclusion metrics
● Benefits of diverse and inclusive workforce
● Creating inclusive workplace practices
● Tracking progress and measuring impact

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Optimizing Workforce
Allocation

● Analyzing workload and resource allocation


● Identifying inefficiencies and bottlenecks
● Implementing strategies for optimal resource utilization
● Measuring and improving workforce productivity

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