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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

According to the Association for Talent Development , only 35% of organizations have a formalized succession planning process. As with most things, the best way to manage these risks is to be prepared and to have a plan. Succession planning with data. Are successors being promoted into succession positions?

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Types of HR analytics Different data analysis methods provide insight and identify trends within data. Being familiar with these methods helps you understand how analytics can contribute to HR planning and decision-making. Without identifying and correcting this you may end up with a faulty analysis.

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Succession Planning Success: The Golden Rules for Future-Proofing Your Business

Visier

Succession planning is about managing the risk associated with any type of critical skills gap. Unfortunately, despite the important nature of succession planning, decisions about which positions are the most critical and who should be in the running for these types of positions are often left up to gut feel.

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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. Perform the same analysis as you would with the compensation review to determine how to handle the situation.

Analysis 105
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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. Perform the same analysis as you would with the compensation review to determine how to handle the situation.

Analysis 201
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How to Use People Data to Drive D&I Accountability (Get Beyond Good Intentions, Part 2)

Visier

This dimension of analysis helps create a balanced discussion. This approach is successful when you have the mindset that hiring diverse people doesn’t mean compromising on talent quality. Example: Visier has a 5-year target for gender parity in our people managers, and a target for each year on that path.

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The Best Way to Prove the Worth of the Talent Function

Visier

To speak the language of the business in a meaningful way, HR needs to know which employees are critical to both current and future company success and to be able to understand the cost impact of decisions about those employees. This approach requires a rapid, multi-dimensional analysis of all current employee data.

Visier 150