HR Data Labs

Peter Louch - Combining AI With the 80/20 Rule for Better Workforce Planning


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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

            To schedule a meeting with us: https://salary.com/hrdlconsulting

            For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

            Produced by Affogato Media

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