Want to help HRForecast team members from Ukraine? Follow this link
HRForcast
×
  • Why HRForecast Customers stories Learn more about our customer success stories HRForecast advantages Find out what makes us unique Trust & security See how we ensure security and data integrity bg

    Find out how Siemens has benefited from our services

    Know more

    bg50%

    of the DAX 30 companies work with us​​

    Know more

  • Solutions Cases IMG Use cases Answer to your HR questions. icon Know the future People Analytics Services We use labor market data to tune your business and HR​. icon Plan the future Strategic Workforce Planning Design your future workforce & create accurate headcount​. icon Build the future Talent Marketplace Platform Discover and develop the skills of your employees.
  • Resources
    • Blog
    • Podcast, interviews
    • Webinars
    • Downloads
    • Events
    • Quiz
    • HR Glossary
    information technology skills in demand Eight in-demand IT skills you should gain in 2023 Trends in human resource management Top 5 HR trends for 2023 and beyond HRForecast - future-oriented skills A guide to future-oriented skills: skills in demand to watch in the next five years Img Post What is digitalization? Img Post Talk with Partha Neog Img Post Business restructuring in time of COVID-19 Img Post How to transform the HR with future workforce insights Img Post Building a future-proof workforce: what you need to know Img Post Plan the future of HR: your future workforce and talent demands Future of HR report Insights and trends shaping the future of HR Cover Succession planning Succession planning: current state and future trends Women in HR Leadership Women in HR leadership Img Post SWP Conference Img Post HRcoreBarcelona Img Post Invite us to your event!
  • Company About us Know who stands for the most innovative approach. Press They talk about us, find out what exactly. Team Because our people are our true power. Speaker's corner Discover the hottest HR tech topics that we cover as speakers Career Hop aboard, maybe this is what suits you. bg

    See why 100+ companies choose HRForecast​.

    Know more

    • English
  • Search
  • Contact us
  • Get started
Back to Blog

Explaining HRForecast products as musical genres

Explaining HRForecast products as musical genres
Oksana Lavri
Oksana LavriFuture work expert4. January 20234 min read

Table of contents

  1. Your company is more than just an office, ROI, and supply & demand
  2. Market Intelligence: Metal for the hard labor market data
  3. smartPlan: For conducting your workforce orchestra
  4. smartPeople calls the tune 
  5. Final chords

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.

Market Intelligence

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.

  • Build by upskilling or reskilling your existing employees. This means you don’t lay off specialists but help them retrain to your requirements.
  • Buy means recruiting specialists you need externally to fulfill your business needs.
  • Borrow means hiring a temporary workforce for task work.

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.

smartPlan

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.

By the way, smartPeople has developed a new feature for recruiting professionals that reveals many useful insights. Such approaches help your managers to build your workforce “harder, better, faster, stronger.”

smartPeople

Final chords

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.

Stay up to date with our newsletter

Every month, we’ll send you a curated newsletter with our updates and the latest industry news.

Subscribe now

More stories we think you will like

Ideas for employee retention

Employee retention strategies: Which should you choose?

Discover 14 employee retention strategies to make your organization the best place to work.
18. October 2022/by Zahara Sayed
Interview with Lou Adler

Interview with Lou Adler, CEO at Performance-based Hiring Learning Systems

Dive into an insightful conversation with Lou Adler about the key challenges and perspectives for the future of recruiting.
15. September 2022/by Oksana Lavri
Top hard skills for 2021

Top hard skills 2022 – What the Future Ep. 42

What are hard skills in demand for 2021? We uncover 10 skills that you should master to get a competitive edge on a labor market.
2. February 2022/by Iryna Chorna
Subscribe

HRForecast newsletter

Get only relevant and insightful letters from us every month

Subscribe
HRForecast

Reach out

icon info@hrforecast.de

Not a customer yet?
Contact us

icon +49 89 215384810 icon +1 929 2495168 icon Contact sales icon Contact us

Career at HRForecast

icon recruiting@hrforecast.de

Why HRForecast

  • Customer stories
  • Trust and security
  • Data analytics approach

Solutions

  • Use cases
  • Market intelligence
  • smartPlan
  • smartPeople

Resources

  • Blog
  • Vlog
  • Webinars
  • Downloads
  • Events
  • Quiz
  • HR Glossary

Company

  • About us
  • Team
  • Press
  • Career
Icon Icon Icon Icon Icon

2022 © Copyright - HRForecast | Imprint | Privacy policy | Terms and conditions (MSA)

What is job sharing? Explaining the concept What is job sharing Explaining the concept Employment orientation What is employee orientation? Meaning and types
Scroll to top
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}