Washington, DC (PRWEB) April 21, 2010
Inform, the global leader in analytics and workforce planning, today outlined an integrated workforce planning framework that more closely aligns forecasting with strategic planning, budgeting, and risk management processes.
For many senior executives, managing complex business operations requires that workforce planning activities are tied to business planning cycles, in order to provide a holistic picture of how talent management impacts strategy execution.
"Organizations around the world recognize that workforce planning is a core business process for efficiently allocating scarce human capital resources," said Brian Kelly, President of Inform North America. "Integrating workforce, strategic, and financial plans is essential for establishing clear priorities and driving superior firm performance."
In addition to codifying the foundational factors required prior to implementing workforce planning, the integrated framework illustrates how successful execution of the workforce plan is dependent on business, HR, and individual action plans. Regular reviews of forecasting assumptions, coupled with ongoing measurement of strategies to eliminate competency gaps also ensure that plans adapt to changing economic conditions and internal priorities.
The framework was featured on Day One of the 2010 Inform Workforce Analytics & Planning Conference. The event commenced with a keynote presentation from Brian Kelly that showcased how Inform members are using workforce analytics to answer critical business questions. Subsequent case study presentations covered topics ranging from optimizing executive compensation models to creating risk assessments based on future retirement projections in critical roles.
"We are delighted to host over 200 attendees at our largest North American workforce analytics & planning Conference ever, and is reflective of the growing awareness of how data and metrics are essential for linking HR strategy to organizational priorities," said Dave Willis, Senior Vice President of Marketing for Inform North America.
The Conference continues on Tuesday, April 20th and is followed by post-Conference workshops on Workforce Planning, Workforce Analytics, and Financial Metrics for Human Capital.
Inform Business Impact is the global leader in analytics and workforce planning. Over the 28 years since its founding in 1982, Inform's brilliant and highly experienced leadership team has crafted a rich set of analytics and workforce planning applications anchored by unique intellectual capital. Inform now serves more than 130 customers with their applications and strategic consulting, including 24 of the Fortune 500, such as Comcast, BHP Billiton, Nike and many others. To learn more, visit http://www.informimpact.com.
On February 4, 2010, Inform and SuccessFactors, Inc., the global leader in Business Execution Software, announced that they had entered into a definitive agreement under which SuccessFactors will acquire Inform. The acquisition is expected to close in Q3 2010, subject to customary closing conditions. For more information please visit http://www.successfactors.com/inform.
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.