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Top HR Trends in 2015
Presented by Lakshmi Narasimhan .S
HOD-MBA MVJ College of
Engineering Bangalore
Source – Visier via Google
Background Facts- About Visier
• Headquartered in Vancouver BC and San Jose
CA
• Visier produces Workforce Intelligence
Solutions that forms the basis for HR
transformation.
• To know more you need to understand the
terms HR transformation and Workforce
Intelligence solutions
About HR Transformation
• HR transformation refers to creating an
understanding and planning with precision
– how to best recruit, retain and motivate
the workforce of your organization.
• HR transformation becomes possible when
the organization starts moving from
Reactive HR practices to Predictive HR
practices
Workforce Intelligence Solutions
• Workforce intelligence is concerned
with converting complex and
shadowy workforce data into
insights, letting companies develop
and align on the right people’s
strategy and translate that strategy
into actionable workforce plans.
The Connect
• It is this service(Workforce Intelligence
Solutions) that Viser offers on the cloud
computing platform backed by
company’s leadership team with a
proven track record of technical,
operational and strategic management
success with companies such as IBM,SAP
& Oracle
Visier’s Prediction 1
• Prediction 1
• With dropping
unemployment
rates vacancy rates
will increase and
retention will
decrease. Workers
will be confident of
exploring new jobs
• Solution
• Organizations will
work beyond
recruiting leverage
Work Force
Intelligence and will
move from hiring to
proactively planning
the workforce.
Visier’s Prediction 2
• Prediction 2
• Organizations will
move their focus from
head count to total
workforce costs:
Workforce cost is not
merely made of salaries
but consists of a
number of other
components as well
• Solution
• HR would leverage Big
data management to
provide an up to date
view of total cost of
workforce.Organizations
would shift to scenario
based workforce
planning
Visier’s Prediction 3
• Generational Shifts
• Workforce will consist
of more youngsters
and less senior
people. The employee
expectations of such
youngsters ,will be
radically different as
compared to senior
workforce
• Challenges
• HR will face a challenge
in hiring and retaining
youngsters as well as
preserving the skills of
retiring seniors .Use of
Workforce Intelligence
will become more and
,more necessary
Visier’s Prediction 4
• Accountability &
insight into
Workforce Diversity
- Increased pressure
will be felt by
organizations in
developing insights
and sharing figures
of work force
diversity
• Approach
• Larger HR practices of
understanding
perspectives of
workforce diversity in
the areas of
recruitment promotion
and succession and
measure actual
performance against
benchmarks
Visier’s Prediction 5
• From Analyzing
the past to
planning and
predicting the
future-developing
proactive strategic
plans
• Approach
• Align HR activities
to Business plans
• Right forecasting
• Move Ahead of
the competition
QUESTIONS?

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Top HR Trends in 2015

  • 1. Top HR Trends in 2015 Presented by Lakshmi Narasimhan .S HOD-MBA MVJ College of Engineering Bangalore Source – Visier via Google
  • 2. Background Facts- About Visier • Headquartered in Vancouver BC and San Jose CA • Visier produces Workforce Intelligence Solutions that forms the basis for HR transformation. • To know more you need to understand the terms HR transformation and Workforce Intelligence solutions
  • 3. About HR Transformation • HR transformation refers to creating an understanding and planning with precision – how to best recruit, retain and motivate the workforce of your organization. • HR transformation becomes possible when the organization starts moving from Reactive HR practices to Predictive HR practices
  • 4. Workforce Intelligence Solutions • Workforce intelligence is concerned with converting complex and shadowy workforce data into insights, letting companies develop and align on the right people’s strategy and translate that strategy into actionable workforce plans.
  • 5. The Connect • It is this service(Workforce Intelligence Solutions) that Viser offers on the cloud computing platform backed by company’s leadership team with a proven track record of technical, operational and strategic management success with companies such as IBM,SAP & Oracle
  • 6. Visier’s Prediction 1 • Prediction 1 • With dropping unemployment rates vacancy rates will increase and retention will decrease. Workers will be confident of exploring new jobs • Solution • Organizations will work beyond recruiting leverage Work Force Intelligence and will move from hiring to proactively planning the workforce.
  • 7. Visier’s Prediction 2 • Prediction 2 • Organizations will move their focus from head count to total workforce costs: Workforce cost is not merely made of salaries but consists of a number of other components as well • Solution • HR would leverage Big data management to provide an up to date view of total cost of workforce.Organizations would shift to scenario based workforce planning
  • 8. Visier’s Prediction 3 • Generational Shifts • Workforce will consist of more youngsters and less senior people. The employee expectations of such youngsters ,will be radically different as compared to senior workforce • Challenges • HR will face a challenge in hiring and retaining youngsters as well as preserving the skills of retiring seniors .Use of Workforce Intelligence will become more and ,more necessary
  • 9. Visier’s Prediction 4 • Accountability & insight into Workforce Diversity - Increased pressure will be felt by organizations in developing insights and sharing figures of work force diversity • Approach • Larger HR practices of understanding perspectives of workforce diversity in the areas of recruitment promotion and succession and measure actual performance against benchmarks
  • 10. Visier’s Prediction 5 • From Analyzing the past to planning and predicting the future-developing proactive strategic plans • Approach • Align HR activities to Business plans • Right forecasting • Move Ahead of the competition