Peter Louch - Combining AI With the 80/20 Rule for Better Workforce Planning

HR Data Labs podcast

Summary:

Peter Louch is the Founder and CEO of Vemo, a cloud-based workforce planning and analytics technology company. In this episode, Peter talks about how HR practitioners can use AI to solve 80% of their workforce planning efforts so they can focus on more critical tasks.

Chapters:

[0:00 - 6:03] Introduction

• Welcome, Peter!
• Today’s Topic: Combining AI With the 80/20 Rule for More Efficient Workforce Planning

[6:04 - 16:07] Can 80% of the workforce planning effort be automated with AI?

• A continuous workforce planning process allows you to always look at new data
• Despite operating in times of uncertainty, companies can make plans that point them in the right direction

[16:08 - 27:04] How will the automation of workforce planning efforts impact the role of HR practitioners?

• Why “failing forward” is a great strategy
• Data will still need to be audited and maintained

[27:05 - 33:23] What’s on the horizon for workforce planning and people analytics?

• Standards and definitions for job descriptions are the current Wild West
• Why pay transparency generates the need for career frameworks

[33:24 - 34:06] Final Thoughts & Closing

• How workforce planning extends beyond HR
• Thanks for listening!

Quotes:

“The idea of the 80/20 rule is that only a certain part of your organization is shifting at any given time.”

“There’s no standard for what a job description is . . . everyone’s interested in skills, but one company will say they have 40 while another says they have 200,000.”
Resources:
Vemo
Contact:
Peter's LinkedIn
David's LinkedIn
Podcast Manger: Karissa Harris
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Production by Affogato Media