A new survey and report from Aberdeen, “Beyond Time and Attendance: Agility Meets Efficiency in Workforce Management,” is now available, and is complimentary through the Tenrox-sponsored download site (through January 26, 2007). Download the Aberdeen Workforce Management report here.
Bottom line: Organizations with shift-based or project-based workers need the agility to handle unforeseen changes in labor supply and demand. Workforce Management (WFM) solutions have proven their value for organizations that have adopted them, delivering 25% to 450% ROI. Companies with WFM are clearly outperforming those without it.
Aberdeen’s survey of 243 companies found that 34% did not have any WFM system in place, and another 51% were only partially automated. This 85% sample represents organizations that are still thinking and executing in a pre-flat world, (read our post about the Flat World here), choosing Time and Attendance and Workforce Management solutions with limited to no project concepts; meaning project management and project staffing is not even part of their realm of thinking, yet.
The report finds that the most desired capabilities in Workforce Management are:
- Planning, Scheduling and tracking of multiple work types (29%)
- Prioritizing labor plans based on customer impact (29%)
- Allocating labor costs more accurately to projects, activities, or products (27%)
The report includes “Recommendations for Action” for companies at varying levels of maturity in WFM. We highly recommend that anyone interested in Project Workforce Management read this report to optimize their WFM investment. Download the complimentary Aberdeen Workforce Management report here.
#1 by Philip McGuin at December 14th, 2006
Dear Moderator,
This is comment is not in direct response to the blog posting but to kindly ask if you wish to exchange links and content between our two blog sites using the usual methods employed within the blog community. Tenrox and Atlantic Gobal are in some ways competing in the same product space, however from what I understand of Tenrox’s recent market change you no longer specifically position within the PPM area but within the Project Workforce Management space – is this correct).
With this in mind I feel an exchange of articles, links etc would be complementary. I also feel that both parties would be able to benefit from the added advantages of SEO, push marketing and helping to develop a social network within the Project and Programme Management market.
We have included your site on a blog roll and if you feel this should be mutually beneficial I would like to start exchanging content and links that are relevant and of interest.
Best Regards
Philip McGuin