How workforce intelligence is redefining the employee experience

We are entering a step change in the evolution of HR. Nearly all that change is being driven by a new era of workforce intelligence that transforms the insights organisations have about their employees. With this insight come the opportunities to radically target and scale a truly personalised employee experience.

From hiring to people development, and from internal mobility to workforce planning, it’s the quality of personalisation at scale that is key. So, how do you set yourself up to succeed in this new world? This Fosway viewpoint paper outlines why workforce intelligence has become the major differentiator to attract and motivate talent, and where you should start to get it right.

Why is this important?

Businesses face huge challenges as skills evolve, and the demand for greater agility and transformation is growing. Europe is staring at a ticking demographic time bomb that’s likely to worsen already critical labour shortages. Eurostat predict that by 2035, there will be approximately 50 million fewer people of working age in Europe than in 2010.

In Fosway’s HR Realities research, 95% of organisations highlighted the availability of skills as their top business challenge. And recent research from the CIPD also highlights the scale of the challenge with 44% of employers having hard-to-fill vacancies.

Align with key goals and connect workforce intelligence to strategic business objectives to mobilise the C-Suite

Because workforce intelligence is such a strategic opportunity, it is essential to mobilise your senior leadership team behind it, both at an individual C-suite level and as an executive team. This means aligning their goals to the opportunities of workforce intelligence – so that it generates the right business case.

One way of doing this is to adopt a Balanced Score Card Approach to help clarify drivers and the problems or opportunities workforce intelligence is solving.