Information is beautiful - treemap

We use treemaps a lot in strategic workforce planning and analysis, and sometimes people new to them struggle to understand them at first.  They are mostly used in financial analysis, but the Information is Beautiful has a nice one called the billion-dollar gram, which shows how the relative size of issues can be clearly illustrated using a type of treemap:



Note that it uses different colors as well as different intensities to provide a third aspect to the issue.  Lovely.  Anyone else got some good treemap examples?

Expectations of workforce growth 2004-today

McKinsey have published an interactive timeline of their executive economic expectations survey results 2004 to today, allowing you to see how responses to individual questions have changed over time…right up to April 2010.

While all question responses are important to strategic workforce planning, the one which is most immediately applicable is “how do you expect the size of your company’s workforce to change in the next six months?”.  Here’s a snapshot:

 

Mar 07

Mar 08

Mar 09

Apr 10

Increase

46.9%

36.9%

11%

31%

Decrease

18.3%

29.9%

38%

17%

Stay the same

33.7%

31.7%

50%

52%

As with most data, the visualization is better:

image

The message is still the same though – plans for reductions are back at pre-GFC levels, but expectations of growth have not yet returned there.  In the interactive tool, you can look at the results by region, industry, etc – India and Asia Pacific are most optimistic for growth, but all Europe classifications are below the global average. 

Where does your organization fit compared to these “benchmarks”? And does your planning fit the context these results show?  Vital stuff for your environment scan!

Is it 2001 again? Accenture street hustling in SF for applicants!

Accenture Ad

In one of the more colorful signs that the job market seems to be rebounding, several of our San Francisco team were approached by people in red Accenture t-shirts and offered free coffees and an “Accenture is hiring” postcard this week.  It reminded me of the dot-com days (well, hopefully not in the long run!).

Wonder if this is a planned recruitment strategy, or an ad-hoc reactive one?

Case Against Workforce Planning Specialization

HBR has an online article and discussion on “Strategy's Case against Specialization”, that, while (oddly) inspired by a dead poet, makes a good case for NOT developing your strategy in a vacuum by a group of wonks.  This reminded me of all the stories I hear about HR leaders doing off-site meetings to develop company HR strategy…entirely removed from business leaders, which makes it at least partially in a vacuum.  The article talks about three ways to avoid this issue, which I’m paraphrasing here into strategic workforce planning terms (remembering that strategic workforce planning IS the systematic development of better HR strategy):

Look for the "connection of the week." …At the least, tax yourself each week with thinking up one way, or maybe two, in which seemingly unconnected aspects of your operation just might be connected.

The connections which are most commonly missing or overlooked in workforce planning are data connections which demonstrate the line of sight between HR actions/strategy and business results.  If you can think of one per week, you’ll be building a really valuable set of things to measure and align.   Our software already has a slew of these defined, but if you don’t have that, at least start building yourself a list!  Golden rule: these links are NOT all made of workforce data!

Have a council, a committee, maybe just a standing meeting that brings together different specialties to take action on an issue of collective concern. And not something unimportant, like "Where are we going to hold the company picnic?" Some problem that's keeping you, and possibly them, up at night.

See the key italicization there?  DIFFERENT SPECIALTIES.  Your workforce planning steering council need to be made up of people who are primarily not in HR.  It’s a great opportunity for high-po’s, and for engaged leaders, especially those with lighthouse characteristics.

Reflect on your organization's history, and the possible lessons it contains. Time has a way of suggesting links, forces at work, dynamics that may not have been apparent to the poor souls caught up in the maelstrom of the moment. I know what you're thinking: it's so different today; we can't do things like we used to; and besides, we packaged out all the old timers. Still, your original corporate DNA probably continues to be at work somewhere in there, shaping your response to the fresh hell that confronts you. Try to lift the strands into consciousness, and to put to use any wisdom you find there. It may be preservative, and not for specialists.

So I didn’t even edit this – it’s very true…but we need to also be careful that we don’t live entirely in the past, with historical data and “how we’ve always done it”.  Scenario planning and other techniques can help people who aren’t strategy or futuring specialists break the paradigm…but what we do must be squarely rooted in the reality of our organization and history, not some best practice fantasy!

These are only three of many ways to prevent too much specialization.  How do you prevent yourself from developing HR strategy in a vacuum?

Building better workforce scenarios

image Scenario planning is a critical part of good workforce planning, but it’s something that people can take quite a long time to master.  As well as the usual great books in this area, GBN has a brief article which explains Plotting Your Scenarios more clearly than most (and written by Peter Schwartz and Jay Ogilvy, two of the real leaders in this area).  For those workforce planning practitioners building their strength in this area, it’s a must read.  When you are ready to be modeling those workforce scenarios using real data, our software is designed to do exactly that – but of course you need the qualitative skills, as well as the online tools.  Any other good resources in scenario planning?