Numerical Insights
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Analytics Articles for Business, Supply Chain and HR

Analytics Articles: Human Resources, Supply Chain, Diversity and Business Analysis

Numerical Insights publishes articles on a variety of topics including business analytics, data analysis, data visualizations tools, improving business results, supply chain analytics, HR Analytics, strategic workforce planning, and improving profitability. We aim to make our articles informative and educational.

 
Posts tagged workforce planning
Now, more than ever, Banking must proactively assess its future workforce needs

Banking is an industry ripe for automation and because of these automation possibilities, many people fear a large decrease in the number of banking jobs. But it’s not so much that jobs will vanish through automation. It’s more that certain tasks will disappear freeing up employees to work on improving customer service and investing in new capabilities. Just like the manufacturing industry, the banking industry is seeing the need to “skill up” its employee base. Systematically planning for these needs is a classic application of strategic workforce planning.

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When Workforces Collide: The Impact of IoT Talent Needs on non-IoT Companies

Harvard Business Review recently published an article entitled, “Success with the Internet of Things Requires More Than Chasing the Cool Factor.”1 For those in HR / People Analytics, this warning of chasing the cool factor should ring through loud and clear… but that’s not the point I shall make today. I’m going to wave my warning arms more in the direction of strategic recruitment, talent strategy and strategic workforce planning. Whether you’re an IoT company or not, you need to see what is coming… Actually, it’s already here.

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