This summary below was taken from Shally's Alley Podcast with Jeff Higgins, CEO of HCMI, as the guest on December 15th, 2023.
In the final episode of "Shally's Alley" for 2023, host Shally Steckerl concludes the year by welcoming Jeff Higgins, a recognised expert in HR analytics and workforce planning, to give his thoughts and predictions for the future.
Jeff Higgins, a former CFO turned HR specialist and the founder of the Human Capital Management Institute (HCMI), addresses the history of workforce planning, the value of data in making informed HR choices, and future trends in employee turnover and human capital reporting.
Jeff emphasizes the move towards treating personnel as valuable assets rather than expenses, and forecasts higher turnover rates and new SEC reporting requirements in 2024. The talk also covers the ISO 30414 standard for human capital reporting, as well as the obstacles and opportunities in talent acquisition and workforce management.
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