VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Visier Inc. announced today the release of a new white paper: "Achieve Greater Business Impact With Workforce Analytics", that addresses the business impact to an organization by implementing a workforce analytics solution that is designed specifically to help HR gather the right workforce data, and more importantly, that allows them to easily share the data with the right people and deliver it in the right way.
Despite the potential power of workforce analytics, the impact of the solution HR implements will greatly depend on the degree to which everyone throughout the organization understands the true measures for success. To truly deliver real business insights, workforce analytics solutions need to include broad functionality for sharing and collaborating on the outcome of the analysis in easy-to-use, meaningful ways that are actionable by the various stakeholders: the HR professionals, business leaders and decision-makers across the organization.
With easy sharing and meaningful collaboration between stakeholders, HR has the strategic opportunity and can finally act on the responsibility to ask any workforce related questions, and be sure that they can deliver the key insights which help the business leaders make better, well-informed business decisions, to improve their business performance. With more than 70 percent of business budgets being tied up in personnel costs, the performance leverage is most significant.
"Successful organizations make critical business decisions based on facts," according to John Schwarz, Founder and CEO of Visier. "They need to optimize the return on their investment in people. Even with today's sophisticated analytics approaches, a solution that doesn't allow fact-based collaboration across the HR staff and line management is only doing half the job."
In this white paper, four recommendations are highlighted to help achieve organizational support and a successful workforce analytics solution that will create lasting impact:
- Focus on improved business outcomes. Business improvements are the real value of analytics, which result from improved insights leading to better decisions that are implemented as changes in the organization or processes.
- Focus on how analytics will be used and shared. This requires HR professionals to take into consideration more than the mechanics of data gathering, the defining of metrics and the building of reports. HR professionals must plan for how people will share and collaborate on information.
- Use workforce analytics to make the HR function the leader in asking probing and important questions. HR departments that become mired in answering tactical questions never become strategic partners.
- Deliver on four elements critical to sharing and collaboration. The four elements: standardized HR dashboards, publishing core reports, self-service analytic support and mobility, are essential to serving organizational business leaders, executives and decision-makers in truly valuable ways.
To read this complimentary white paper: "Achieve Greater Business Impact With Workforce Analytics", visit http://info.visier.com/white-paper-sharing-and-collaboration?utm_campaign=HRMarketer-Sharing-and-Collaboration-WP-PR&utm_source=Press%20Release.
Headquartered in Vancouver, B.C., and San Francisco, Calif., Visier delivers workforce analytics through the cloud to empower HR professionals with the most critical insights for optimizing their people strategy to meet their business strategy. Visier's unique analytics combine the sophistication of predictive capabilities with the ease-of-use of consumer applications. Founded in 2010 by business intelligence experts - including former Business Objects chief executive officer, John Schwarz - the Company's leadership team has a proven track record of technical, operational and strategic management success with companies such as IBM, SAP and Symantec.
Visier Workforce Analytics is an end-to-end, cloud-based application designed for HR professionals, to easily identify and improve the ROI of their organization's human capital. Reduce costs, improve productivity, attract and retain top talent and implement a workforce strategy that supports the business strategy. Visier Workforce Analytics is a powerful, intuitive and interactive solution that uncovers deep insight into the core metrics of your workforce, by answering the most critical and fundamental questions facing HR professionals about their workforce, and more importantly, with predictive what-if analysis helps to predict and plan for their future needs. For more information, visit www.visier.com.