4 Ways Data Visualization Can Improve Your Decision Making

Every day, business leaders are responsible for decisions that impact the outcomes of their organizations. Some of these decisions can hold massive implications. Luckily in the digital era, big data has led the way and empowered leaders to make better, data-driven decisions.  

Big data allows businesses to leverage massive quantities of information. We produced 2.5 quintillion bytes of data per day. While new technology offers us the means of collecting lots of data, the information renders useless if we cannot turn it into actionable insights.

Enter data visualization: a graphical representation of information and data.

Read More
Why Internal Mobility is More Than an HR Term

In 2021, talent shortages are at a 15-year high. Finding top talent that is proficient in the skills of tomorrow is difficult for many companies.

Some companies recognize this modern recruiting challenge and are shifting their approach to how they hire. Instead of searching for new employees outside the company, savvy managers are looking in their own backyard to fill the talent void.

This approach is called Internal Mobility.

Read More
Talent ManagementAllison Davis
Visual Workforce Receives Business Development Grant

We’re very excited to announce Visual Workforce has received $100,000 Business Development Grant from Virginia Innovative Partnership Authority’s Commonwealth Commercialization Fund. Check out the press release to learn more about how this state funding will allow our company to enhance tools which help employers recruit, retain and develop talent. #funding #development #skills #workforce #analytics #data #talentmanagement

Read More
NewsCynthia Siewert
4 Key Reasons To Grow Your Workforce Internally

As the skills gap continues to widen, especially in technical fields, companies need to consider the long-term value of training employees internally versus hiring new people. A shortage of top talent already exists across several industries. According to the 2018 Talent Shortage Survey,  33% of employers say the main reason they can't fill roles is a lack of applicants, while 27% say candidates lack the necessary hard or soft skills.

The quantity of available data is massive. Nearly every action in a business can be tracked, analyzed, and improved. However, how we translate big data into actionable insights is still a work in progress.

Read More
What Are The Business Benefits of Having A Skills Inventory?

As we dive into the age of digital transformation, the skills gap continues to expand. According to PWC’s 2019 CEO Survey, “availability of key skills” moved from 5th to 3rd amongst issues CEOs perceive as threats to organizational growth.

Businesses should always track their workforce’s skills and capabilities. Without this data, leaders could be making uninformed business decisions that are costing them valuable time, money, and talent. How can businesses avoid the consequences of a looming skills gap?  

Read More
5 Characteristics That Define the Modern Skills Matrix

A few weeks back we explored the 4 technological limitations that spell the end for the traditional, Excel-based skills matrix. And while the old way may be gone for good, the skills matrix itself isn’t going anywhere anytime soon – it’s too ingrained in the way HR professionals, managers, and project leaders operate on a day-to-day basis. However, as organizations seek to modernize the way they make workforce planning decisions, tools like the skills matrix need to evolve to keep up.

This week we’re examining the 5 characteristics that define a modern approach to building skills matrices. These matrices need to be built to handle the growing demands of modern business and able to arm businesspeople with access to insights about the skills and competencies of their people.

Read More
Virtual Town Hall Recap: 4 Key Takeaways on the Role of Data in Attracting and Retaining Talent

As organizations plan for a post-COVID world they face stark challenges associated with increased economic uncertainty, a highly competitive global talent marketplace, and the rapidly growing remote work movement. Recently, Visual Workforce, in partnership with ChamberRVA and Richmond SHRM, hosted a Virtual Town Hall designed to dig into those very issues.

The event shed light on how business leaders are thinking about the evolving role data and analytics can play in shaping conversations around employee retention, emergency succession planning, learning and development initiatives, and workforce optimization.

Read More
Future of WorkTyler Convey
Burning Questions: Won’t This Take Forever To Roll Out?

With Visual Workforce, skills management initiatives don’t need to be year-long or even six-month projects. Organizations can leverage out-of-the-box skills libraries, a powerful survey engine, and pre-built visualizations so they can collect and catalogue data about their employees’ skills and proficiencies and start generating valuable insights about their workforce in days, not weeks or months.

Read More
Burning Questions: How Can We Be More Objective When Making Human Capital Decisions?

For decades, HR leaders have been trying to eliminate biases and become more objective when it comes to making human capital decisions. We believe that a rigorous approach to skills management can go a long way towards helping organizations accomplish this goal.

The opportunity to embrace a more objective, data-driven approach to human capital decision-making is there – organizations just need to put the systems in place to weave the collection, analysis, and use of critical skills data into their existing processes and company culture. Below are four steps you can take to revolutionize the way you approach human capital decision-making.

Read More
Burning Questions: How Do We Incentivize Our People To Keep Their Skills Up To Date?

Let’s face it - it can be a struggle to get people to do anything on a regular basis, aside from checking Instagram. Yet, a skills inventory that is out of date can be a major blow to the efficacy of a skills management initiative and the overall impact that skills data can have on human capital decisions. So, how can your organization incentivize people to proactively keep their skills up to date?

We have identified four easy steps that any organizations can take to keep skills management top of mind and get long-term buy-in from across the organization.

Read More
Burning Questions: How Do We Get Our Leaders Speaking The Same Language?

When it comes to skills management, the single most important thing you can do is get alignment on the proficiency definitions that will be used to measure skills across the organization. You want to make sure that a rating of a 4 means the same thing to a sales manager as it does to someone in HR or technology.

In effect, what you want to do is create a rating system that can be applied accurately and consistently across the organization by different managers who are rating employees on widely different skills.

Read More
Burning Questions: How Do We Think About Soft Skills?

HR professionals know that soft skills can be just as important as hard or technical skills when it comes to finding, developing, and retaining top talent. In fact, soft skills can often play a huge role in whether a new hire, promotion, or assignment works out in the long run. According to a recent study published by LinkedIn, “92% of respondents say soft skills are more important than technical skill” and “89%...[of] bad hires typically lack soft skills.”

With numbers like that, it is no wonder that insight into employees’ soft skills is high on the priority lists of many organizations. The problem is, most don’t know where to start.

Read More
Burning Questions: How Do We Inventory Skills Without Causing Anxiety?

Change can be intimidating and for many organizations the activities around a skills survey can be seen as a prelude to a big change like layoffs, a reorg, or even a merger or acquisition. This is a natural, albeit frustrating, response to this type of initiative – but it can be avoided.

That's why we've identified 4 steps you can take to put your employees’ minds at ease when it comes to skills management.

Read More
Burning Questions: How Do We Know What Skills We Should Be Tracking?

Today we’re kicking off a new series here on the Visual Workforce blog. It’s called Burning Questions and it’s focused on answering the questions we hear most commonly when we speak with HR professionals and organizational leaders who are embarking on skills management initiatives.

This week we’re tackling a question that’s fundamental to any skills management program: “How do we know what skills we should be tracking?” It’s a tricky one and the answer will vary from company to company (and even from team to team), but we’ve got some tips to get you started.

Read More
Are You Upskilling In 2020?

Let’s get straight to it- 2020 is the year of upskilling. Are you hopping on the upskilling bandwagon?

While upskilling may not seem all that different from regular training, the context in which upskilling applies differs greatly. Employees experience regular training to expand their skill sets and advance their careers. But, when companies see macro shifts in the way they operate, such as a massive digital transformation, that requires vastly new skills they can turn to upskilling to fill those gaps.

Read More