The Office of the CHRO: Gain critical insights for workforce adaptability and resilience 

Whether it’s in our personal or working lives, we all plan. It’s human nature. We make sense of the world by looking at things that have happened in the past, our present circumstances and our wishes for the foreseeable future.  

CHROs and HR teams are still navigating a shift from remote working to letting employees back on-site. Never mind all the other immediate tasks that need carried out to keep the organisation moving in the right direction.  

Now, more than ever, HR teams are relying on company-wide workforce analytics and planning technology to gain critical insights to help manage immediate needs, and plan into the future. It’s never too late to become more adaptive and resilient.  

Navigate market conditions with strategic workforce planning  

Workforce planning is critical to business success. Resource allocation and identifying talent gaps are only a couple of components to consider, whereas wholistic strategic planning will allow you to optimise and adjust future resources, reflecting shifts in market conditions while helping to execute corporate and financial goals.

Getting the right amount of people with the right skills, experience and competencies in the right jobs at the right time is a simple idea but balancing this with strategic direction can be difficult. Great planning and having the right technology in place have never been so important, enabling managers and team leaders to consider all business eventualities and workforce implications.  

Scenario planning for those what-if moments 

Scenario planning allows HR leaders to model various what-if scenarios based on multiple outcomes. Organisations are rushing to create contingency plans—to have that competitive advantage and maximise the potential of their workforces.  

How would you like to maximise the potential of your workforce? We’ve listed a couple of tips below.  

Reskilling and upskilling costs:   

As the world changes, the roles of existing workers can also change. Model the full implications of reskilling or address skill gaps with confidence.

Remote workforce productivity:

Truly understand how productivity can be impacted by remote working via metrics and benchmarks.

Build, buy or borrow skill sets:

As current and future work changes, analyse the cost of building, buying or borrowing skills needed for your organisation to succeed.

Secure employee retention:

With remote working on the rise, employees have more career options at their fingertips than ever before. Determine the financial and operational pros and cons of various retentions and development efforts.

Be ready for your next Board report request 

Make the most informed, strategic decisions possible—and present the most accurate, real-time, and future proof data to your senior management team, without the associated time pressure. Scenario planning and the right technology empowers HR to work with actuals from HCM, CRM and other enterprise applications, along with other contextual data.  

Remember, the HR team within your competitor organisation is not standing still either. Now is the time to move away from offline, manual and siloed legacy processes and operations.  

Within every organisation, employees are the greatest asset. Plan, train and retain your people using a solution that fuels innovation and collaboration and be prepared for what is just around the corner.  

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To give you a helping hand towards strategic workforce planning, there has never been a more useful tool to plan into the future. As one of the largest partners in the Workday eco-system, we can help you plan with confidence. Workday Adaptive Planning enables you to collaboratively plan across the entire enterprise. Powerful modelling and analytics help to increase business agility and provides deeper insights to make smarter decisions, faster.  

Here's our planning page for more information.