Infohrm Helps Clients Respond to a New Era of Talent Management With the Launch of TalentFlow Analytics — Sophisticated Workforce Planning Application Changes How Organizations Measure the Impact of Internal Mobility
Infohrm competed in the HRchitect Beauty Pageant on Workforce Planning Systems in March 2009, where they were crowned the winner. Representatives from Infohrm also participated in the HRchitect WebMingle in January 2009.
Infohrm, the global leader in workforce planning, reporting and analytics solutions, today announced the launch of a powerful analytics application that will significantly improve how organizations track, model, and manage the movement of internal talent.
In today’s economy, most organizations are facing declining revenues, shrinking margins, dramatically reduced internal budgets, and, in many cases, significant reductions in their workforce. Business leaders need to address difficult challenges, from creating effective career-paths for high-potentials, to maximizing the flow of talent into critical roles and hard-to-fill leadership positions.
Infohrm’s new TalentFlow Analytics SaaS application provides users with a powerful new analytical capability built upon advanced data transformation and sophisticated visualisations. Its modelling capabilities enable business leaders, HR executives, and line managers to truly understand how the movement of talent through the organization impacts hiring decisions, workforce planning, cost models, career-pathing initiatives, succession plans, and risk management. At many organizations, over 50 percent of all open positions are filled with internal hires; as such, it is critical to identify roles with high churn, poor performers, and limited advancement opportunities.
TalentFlow Analytics simplifies the measurement of complex workforce mobility via an intuitive visual display of any workforce segment, business unit, location, or job family. End-users can select from a wide range of metrics (including hires, transfers, promotions, terminations, etc.) and drill into the results for further detail on problem areas. Using this application enables any organization reliant upon human capital as a source of competitive advantage to more accurately pinpoint current and future workforce needs.
“In this current economic environment, expertise in workforce planning and analytics has never been more important,” said Brian Kelly, President of Infohrm North America. “Without the right data-driven analytical tools, business leaders are essentially “flying blind” when it comes to making mission-critical, and expensive, talent management decisions. TalentFlow Analytics provides powerful insights about how workforce mobility impacts measures of financial, risk, and human capital performance.”
HR professionals are encouraged to join Infohrm at the 2009 Workforce Planning Summit in San Francisco (May 18-19) to hear how some of the world’s leading organizations are using data for workforce and financial planning.
Matt Lafata, HRchitect
