10 min read
This is the final article in my Workforce Management (WFM) series. If you missed any of the previous articles in the series, they focused on What is...
Chicago, or the Windy City to its friends, has a lot going for it. Deep dish pizzas, great live music, the panoramic view from the Hancock tower to name a few. Last week Chicago added the HR Tech Conference 2016 to it’s list of attractions. This was my second time attending the conference and once again I found it to be a hugely engaging event and a great learning and networking experience.
The conference is a who’s who of the HR Industry, with a collection of international HR vendors showcasing their latest technologies, keynote and break-out sessions from industry thought leaders in the Human Resources community and ample opportunity to broaden my network within the HR community.
For those of you that know me, you’ll recall that Workforce Management (WFM) is an area I’m particularly passionate about, so I thought I’d take a moment to share my WFM highlights from last week’s conference:
Each year at the HR Tech Conference, an award is presented to the next Great HR Technology company. In 2016, the award was presented to the team at Lifeworks an employee centric solution that cleverly stitches together Employee Assistance Programs (EAP), Work Wellness and Financial Wellness. An employer can subscribe to this service and their employees are immediately entitled to benefits such as discounts at participating stores, EAP programs, Fitness Programs etc. I can see immediate relevance of this technology in this part of the world, especially in light of employers needing to take a more employee centric approach into the future.
The exhibition floor was awash with more than 400 different HR vendors, the largest showcase of vendors in the conferences 19 year history. Due to the speed at which technology is developed and disruption occurs, new vendors are emerging quickly with excellent functionality using current technology.
That said, just because a new vendor has great technology doesn’t mean that they are right for you. Factors like functional fit, size of vendor, support structures, global reach, financial viability etc still remain valid. Here’s my quick analysis on the WFM vendors I crossed paths with last week:
I would like to give a special mention to Visier. The organisation provides true data analytics. I was first exposed to them in 2012 at my first HRTech when it was called out as a hot new technology. I have been following them for the last few years and was pleased to get some time with founder Jan Schwarz. We spoke about the organisations solid growth and continued market penetration in this hot and growing space. I attended an Analytics Panel session where Dave Weisbeck (CSO) spoke about his visions for analytics. One big call out he made was the need to tie productivity data to HR which was very refreshing to hear. I will continue to watch this technology closely. My Analysis: One to watch
Finally, I note that in the HR Tech Conference show guide that WFM is classified under Time and Attendance (T&A) which I don’t believe is the correct classification. WFM is all about Productivity and Optimisation. Refer to my recent articles on WFM Productivity and Why is WFM so misunderstood? Hopefully we can continue to raise the profile of WFM and perhaps consider having this reclassified next year.
A great event, I look forward to next year.
As always, comments welcome!
First Published on Linkedin, October 10, 2016
3 min read
This article is part 3 of a series focusing on the often misunderstood topic of Workforce Management (WFM). The first article in the series defined ...