Analytics, Dashboards & Workforce Planning
What's it about?
Do you have a complete inventory of the talent in your organization today, a picture of what talent you would need under different future scenarios, and a plan to close the gaps? Can you quickly adjust talent plans to reflect environmental changes and opportunities?
How's it done?
We see our TMS Analytics, Dashboard and Workforce Planning component as the best culmination of traditional talent management measurement practices, along with a new generation of views, insights and metrics. Together they form an industry innovator in Human Capital measurement and make TMS a critical decision support tool for both HR and business leaders. TMS Analytics, Dashboard and Workforce Planning uses key internal and external indicators about talent pools and business or skill needs to project Talent Demands, and then uses recruiting, development, succession and external factors analytics to project Talent Supply. It offers innovative sets of measures to look at employee contribution, including performance, engagement and more; it reports on costs and investments allocated to people initiatives and resources. The gaps between supply and demand, together with a view on results and costs drive talent decisions. Extensions of the dashboards and analytics allow for modeling of possible future states by establishing possible scenarios and analyzing multiple impacts on various talent drivers. Between the current and the future views, TMS offers unrivaled insights and brings modeling and planning into a new era.
What's the Return?
With estimated average costs per laid-off employee at $35,000 and costs to fill a vacant position averaging 40%-60% of annual salary, the immediate value of a comprehensive workforce plan becomes quite clear. The talent you release in one area could be the missing piece to capitalizing on an opportunity in another.
Using our TMS Analytics, Dashboard and Workforce Planning to map out and manage the risks associated with mergers and acquisitions can not only make such transitions go faster and smoother, but could possibly prevent the dead-end strategies that mean the difference between complete success and complete failure.
Features
Advance the talent you have. OrganizationMetrics global summary views of talent, including abilities, mobility, aspirations and assessments, all provide a complete talent picture. These global views of goals identify all kinds of options for better talent utilization.
Build the talent you need. Our graphical analytics identify, capture and track talent gaps. With us, you can build your internal talent using TMS development, performance and succession tools, and concurrently use our recruiting and on-boarding tools to acquire new and external talent.
Test your strategies first. Our exclusive graphical "what-if" analysis gives you the power to test any variety of scenarios so you have more robust strategies.
Make it easy. Clear visualizations of talent demand and supply, including external factors, allow managers and executives to quickly spot opportunities. Our integration of comprehensive talent management information means better decisions are made faster.
