Peter Louch - Combining AI With the 80/20 Rule for Better Workforce Planning
Episode description
Summary:
Peter Louch is the Founder and CEO of Vemo, a cloud-based workforce planning and analytics technology company. In this episode, Peter talks about how HR practitioners can use AI to solve 80% of their workforce planning efforts so they can focus on more critical tasks.
Chapters:
[0:00 - 6:03] Introduction
- Welcome, Peter!
- Today’s Topic: Combining AI With the 80/20 Rule for More Efficient Workforce Planning
[6:04 - 16:07] Can 80% of the workforce planning effort be automated with AI?
- A continuous workforce planning process allows you to always look at new data
- Despite operating in times of uncertainty, companies can make plans that point them in the right direction
[16:08 - 27:04] How will the automation of workforce planning efforts impact the role of HR practitioners?
- Why “failing forward” is a great strategy
- Data will still need to be audited and maintained
[27:05 - 33:23] What’s on the horizon for workforce planning and people analytics?
- Standards and definitions for job descriptions are the current Wild West
- Why pay transparency generates the need for career frameworks
[33:24 - 34:06] Final Thoughts & Closing
- How workforce planning extends beyond HR
- Thanks for listening!
Quotes:
“The idea of the 80/20 rule is that only a certain part of your organization is shifting at any given time.”
“There’s no standard for what a job description is . . . everyone’s interested in skills, but one company will say they have 40 while another says they have 200,000.”
Resources:
Vemo
Contact:
Peter's LinkedIn
David's LinkedIn
Podcast Manger: Karissa Harris
Email us!
Production by Affogato Media
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Produced by Affogato Media