How Faethm makes strategic workforce planning easier for enterprises

We live in a time of unprecedented automation and technological change—and it’s challenging companies to do their best work when it comes to workforce planning. While there are many strategic workforce planning tools on the market, few provide the kind of granular insights that enterprise leaders need to make key decisions about which capabilities to develop and where. Faethm makes it much easier for enterprises to see how AI might impact the future of work, what skills will be affected, and where specific talent gaps might occur as companies evolve over time. We’ll show you how.

Faethm makes it much easier to think about long-term complex workforce strategies

If you're a Fortune 500 company with thousands of employees, then keeping track of their skills is no easy task. Our system lets you maintain a database of skills and job requirements for every position that your business has open or may need in the future. You can then use this data to plan ahead for what kind of employees you'll need in the future and make sure those people are ready when they're needed.

Understand how automation and technology adoption might affect the future of work over time

As the workforce continues to change, you need to be thinking about how your company's employees will be impacted by automation and technology adoption.

How can we help companies better understand how automation and technology adoption might affect the future of work over time?

Most companies are flocking to tools like Faethm, workforce analytics platforms that help companies make sense of their workforce and how it might be affected by automation and AI. These platforms provide a new way for businesses to understand their existing workforce, what capabilities will be needed in the future, and where different types of workers might be needed in the context of automation and AI.

To proactively plan for the impact of AI, companies need a way to identify their existing workforce gaps and plan accordingly

This is especially important as we see an increase in job automation due to AI technology. In order to identify these workforce gaps, organizations need a way to assess current capabilities and match them against future needs.

It's important to recognize how organizations can use general vs specialized capabilities when planning for workforce gaps created by AI technology.

Enterprise leaders leverage Faethm to solve key challenges related to workforce planning and talent management

Our cloud-based platform helps companies plan for workforce change, including new roles that will be created as the organization evolves, which job changes are in the pipeline, and how automation might affect future jobs.

We have only covered the basics of workforce capability planning here, but it’s clear that there are many different ways to approach it. There is no universally accepted model of workforce planning, which is why it’s important to look at your own needs and consider what works best for you. If you don’t have a model yet or need help developing one, reach out to our team.