The continued focus on organization’s human capital – their biggest asset – is raising the need to leverage analytical techniques, statistical modeling and advanced programming to anticipate business needs. We'll help you make the leap into this brave new world by arming you with the insights required to build your workforce of the future. Specifically, we can work with you on: strategic planning, location analysis and recognizing opportunities and driving change.
HR leaders are increasingly relied on to serve as strategic partners in workforce design. Instead of simply growing headcount via prescribed budgets, HR is expected to acquire and maintain the right talent sets at the right time in all the right places.
Our highly experienced workforce planners provide strategic advice to our clients using various workforce planning tools. Depending on the development stage of your workforce planning function, we'll provide pertinent solutions to drive the function toward maturity. The four crucial stages of strategic workforce planning are:
The positive impact of HR leaders and their teams playing a bigger role in strategic workforce planning the positive outcomes include more focused talent acquisition efforts, clearer change management communications, streamlined implementation plans with people managers and enhanced organizational effectiveness.
How often do you hear sentiments like these?
Our facility is running out of space.
It's getting more and more difficult to hire the right talent around our existing locations.
Where should we place our next office to drive business growth and attract the right talent?
Such challenges are common in growing economies with acute talent shortages in much of the world. However, there is a way out if you're willing to rethink your approach to location analysis.
Powered by our extensive Radford Global Compensation Database, our location analysis methodology allows clients to make decisions with confidence leveraging rich information on talent supply, turnover rates, hiring trends by geographic location and key infrastructure and ecosystem factors such as proximity to educational institutions and peripheral services like child care, public transportation and health care. On the macro-economic level, we also take into account geopolitical impact, globalization, labor and immigration law. This holistic approach to location analysis will help your company take the right steps as you expand.
At the conclusion of most engagements, we provide clients with a short list of ideal locations for an organizational growth. We also provide insights around wages, benefits and ideal workforce structure in target locations based on how competitors structure their organizations.
Leaders need to identify the biggest opportunities for impact and then execute. Often existing data is patchy, no one has a holistic view and daily priorities compete with strategic issues.
On our three-phase Accelerate Model, we analyse readily available market data to identify and quantify the biggest opportunities relating to your strategy. The data is evaluated against over 40 criteria, relating to 12 dimensions resulting in points of view on optimizing people spend, people-related risk and workforce agility and resilience. In successive phases the outcomes are validated with the business and with the people in the workforce.
The validated results are aligned to corporate strategy with concrete steps to realize the largest opportunity areas.
Our client found it extremely challenging to hire specialty employees in the San Francisco Bay Area. Yet, the idea of moving to other regions in the country felt like it would require a major shift in their people strategy. Accessing Radford data from nearly 1,000 global technology organizations, we were able to track changes in labor market conditions for specific job groups and specific employers. For example, we found evidence that top employers in San Francisco were no longer increasing headcount, but rather poaching employees from each other. Growth had to come from other locations.
Our analysis and expert observations confirmed the client's initial suspicions, but also provided real evidence to present to executives. With our help, the client now routinely leverages several alternative labor markets around the U.S.
Let us know how we can help and a member of our team will be in touch shortly.
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