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“Don't ignore the cost: While cost shouldn't be the only factor in your decision, it's essential to consider the total cost of ownership, including any ongoing growth or subscription fees. Also, how willing is your potential partner to build bespoke pricing that matches your current needs and future?”
In today's increasingly digital and data-driven world, companies are constantly looking for ways to operate more efficiently and accurately. One area where this pursuit is particularly crucial is in the realm of HR. Effective workforce planning, location analysis, and headcount allocation are essential to any successful business strategy.
Longitudinal supply and demand data and prescriptive commentary are now live in Horsefly 4.0! Read more about the benefits of these innovations below.
If you read my last post on this blog, you will understand why this is labeled part 2. It’s not a sequel or a prequel. This is the second part of a trilogy of blogs outlining how to tell data stories to get favorable outcomes. How do you use numbers to convince the chiefs to do what you want in a credible way and, if necessary, get the money you need to do it?
I was asked to meet a friend who is a talent acquisition leader for “coffee” recently. These requests have been coming back fast since the lifting of restrictions, and I have to admit that I have really missed meeting folks reasonably randomly for “coffee”, in and about town.
It doesn’t seem possible that anyone can make a comment in any of the recruiting Facebook groups without being asked for the source and validity of the data. This is understandable, given that so much data is shared in a debate, often without reference to where that number has come from. Recruiting, in particular, has also suffered from urban myth syndrome. Popular truths, that said enough times by enough people become accepted law, even though they don’t necessarily stand up to a data sniff test. I often find myself asking: “Do you think that, or do you know that?”
As part of the work I’m doing with Horsefly Analytics, I get to ask for labor market reports that provide background data for some of the questions I have. Just recently, I have been digging into the job market as we exit lockdowns across the globe. I understand that each nation will have a different pace to this, but at some point soon, we will be able to pick up trends, and link job openings to exit from lockdown restrictions, in order to forecast what might be coming down the road.
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