Syndicate
) April 18, 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.
Without the right data-driven analytical tools, business leaders are essentially
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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 visit Infohrm's Booth #617 at the upcoming 2009 IHRIM Conference & Expo to learn more about how TalentFlow Analytics can improve workforce optimization. Alternatively, 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.
About the Infohrm Workforce Reporting & Analytics Program:
Infohrm’s membership program provides the methodology, tools, training, advice, coaching, and technology to support your in-house workforce analytics and reporting function. Infohrm manages the extraction of workforce and business data from to deliver a state-of-the art, user friendly, web-based interface that facilitates automated reporting, key performance indicator tracking, issue-based analytics, and workforce segmentation. Leveraging Infohrm’s consulting and training services ensures that HR professionals are fully equipped to design and deliver workforce metrics, reports, and analytics to audiences across the organization.
About Infohrm:
Infohrm is the global leader in on-demand workforce planning, reporting, and human capital analytics solutions. With over 25 years of experience, and a strong customer base consisting of Fortune 1000, non-profit, and government clients, Infohrm has paved the way for organizations to measure the impact of human capital initiatives and drive business results. The Infohrm solutions couple leading edge software with strategic consulting and HR professional development services that focus on the analysis of data to help organizations make informed decisions around human capital practices.
Learn more at http://www.infohrm.com/
Contact Information:
Mick Collins
Vice President, Marketing
202-589-2660
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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