What is the role of workforce analytics in connecting supply and demand?

Workforce analytics plays a critical role in connecting supply and demand by providing organizations with the necessary data to make informed decisions regarding their workforce. This includes identifying labor supply and demand imbalances, determining the necessary skills and competencies needed for future growth, and understanding how workforce trends and external factors impact overall business operations. By utilizing workforce analytics, organizations can develop proactive strategies to address current and future workforce needs, enabling them to ensure that they have an optimal workforce to meet business objectives.

This mind map was published on 29 May 2023 and has been viewed 162 times.