Explaining HRForecast products as musical genres
Your company is more than just an office, ROI, and supply & demand
Your people, or your workforce, are the core of your company. Investing in your employees is investing in the future of your business. HRForecast’s innovative approach to HR management allows business and HR leaders to improve their workforce planning with the help of smart tools and labor market data. In this article, we unusually explain our products. We asked our team members what musical genres and songs they would associate with our main solutions: Market Intelligence, smartPlan, and smartPeople. Let’s dive in.
Market Intelligence: Metal for the hard labor market data
Market Intelligence is a people analytics platform that helps business leaders and HR managers identify the jobs and skills required in the future, detect labor market trends, and create future operating models.
When it comes to the data that Market Intelligence helps you unearth, curate, and analyze, it reminds us of the Blondie song: “One way or another, I’m gonna find ya, I’m gonna get ya, get ya, get ya, get ya…”
If we compare Market Intelligence to a music genre, it’s definitely heavy metal, as data is for true believers. Heavy metal includes related styles that are intense, virtuosic, and powerful. Influenced by the active sounds of the electric guitar, heavy metal is perhaps the most commercially successful genre of rock music, as evidenced by the Metallica S&M performance in 1999.
The same applies to Market Intelligence; it encompasses the work of several analytical tools and selects the most commercially successful labor market data among all analyzed data. Like Spotify, it connects massive amounts of data worldwide to provide insights on labor markets, jobs, and skills into your business intelligence landscape.
Entering the data-driven Rock & Roll Hall of Fame is a long-term play. Stakeholders can benefit from the Market Intelligence platform by selecting and analyzing HRForecast’s external data sources to identify relevant trends for HR and business. It’s like trying a new sound, such as the symphonic metal of Apocalyptica and Nightwish.
smartPlan: For conducting your workforce orchestra
As Jay-Z sings, “I got 99 problems, but strategic workforce planning ain’t one.” We would compare the smartPlan strategic workforce planning platform to a classical symphony since you need to orchestrate a wide range of musicians (business stakeholders). But once it’s assembled, you have an entire orchestra (company workforce) working in harmony.
Imagine one of the most famous classical music compositions, “Bolero” by Maurice Ravel. The composer builds a composition from a single theme that grows simply through harmonic and instrumental ingenuity. “Bolero” is a highly original piece of music, performed in the key of C major and carefully introduced into the minor key. It creates a beautiful atmosphere; this piece repeats itself over and over again; it has no elements of ornamentation and a steady, constant hum of the side drum.
“Don’t you think that has an insistent quality? I’m going to try to repeat it several times without any development, gradually increasing the orchestra as best I can.” — Maurice Ravel, French composer, pianist, and conductor.
smartPlan is just like “Bolero;” it’s simple but provides many features to those who’d like to strengthen their workforce. It combines all different aspects of workforce planning in one tool, step by step, one instrument after another. smartPlan allows clients to forecast future workforce demand and supply, analyze skills gaps, and propose solutions to close them. The platform enables business managers to design and plan their future workforce 5+ years ahead and hence be ready for future challenges.
Once the plan is complete, you’ll define how and where to hire specialists.
Just as the conductor uses the musicians in the orchestra to play a piece of beautiful music, you can build, buy, or borrow employees for your business project.
Once you know which job roles your organization will need in the future, you can translate your business strategy into workforce demands, which is the key use case of smartPlan; that’s the harmony of sound.
smartPeople calls the tune
Imagine “Bohemian Rhapsody,” Queen’s classic rock opera released in 1975. The song focuses on several changes in music and tempo. You don’t have time to get bored because it offers new playback possibilities.
The same is true with smartPeople. This talent marketplace platform enables you to identify skills gaps, transform your skills landscape through tailored upskilling and automated learning journeys, and create the best fit between your employees’ skills and your business requirements.
So as soon as you’ve finished with “goodbye, everybody, I’ve got to go,” you’ve already got a “Scaramouche, Scaramouche, will you do the Fandango!” feature to apply.
Depending on your organization’s unique needs and strategies, there are many ways to develop and realize your workforce’s potential. HRForecast is your end-to-end strategic workforce management tool that enables workforce transformation in companies across industries.
Want to know more about HRForecast tools? Book a demo with one of our experts, and we’ll give you a quick tour.