Critical data for C-Suite to align HR strategy with business outcomes.

Workforce
Readiness

Business Velocity

Why Speed Matters

"What's behind you does not matter. The real challenge is staying ahead!" Enzo Ferrari
"I stopped worrying about the start. The end is what's important" Usain Bolt

In our increasingly fast-paced world, this principle is most fitting. Business velocity is the ingredient needed to keep the business ahead of its competition. The fuel that drives this engine is its human resource.

A key question arises : How do you ensure the fuel mix is just right for the newly improved engine? In other words, the mix of business skills and competencies must be precisely aligned with changes in the business climate and aligned with business goals in order to steer the business in the right direction with optimum velocity along a constantly changing track.
 
Business velocity
Workforce AI aims to enable an organization to propel itself forward with maximum velocity through an optimum mix of skills and competencies needed to get ahead and maintain the lead in its business sector.

 

Agility, Speed and Velocity

Though agility, speed and velocity are related to the ability to keep the business on track with goals that can put it constantly ahead of the competition, these are not the same. There are some major differences.  

Business agility  : Business agility is the ability of a business to deliver improved customer experiences at scale and with speed.  It enables organizations to better respond to change and manage uncertainty.
In other words, the business is headed on a track that is focused on delivering customer value at a pace that is consistent with customer expectations.
 

Business velocity
Speed :  Speed is moving ahead swiftly and blindly without direction.
Delivering software fast does not equal delivering software that is valuable or meaningful. It does not serve a useful purpose if it is not advancing organizational results.
Losing sight of customer value is losing direction of your efforts, and speed does not matter. 
Speed does not win the race. Without direction, you will end up in the scrap yard!

Business velocity  : Velocity in business is how long it takes a company to achieve certain milestones measured in days, hours, or minutes. It is the amount of work that is completed in a given time.

Velocity is directional. It implies you are locked on target, the end goal, and you maintain that direction throughout even as it changes. Each lap of the race is a sprint! To stay ahead you must keep your eyes on the road ahead.
 
WorkforceAI offers customers three options to achieve optimal velocity for workforce readiness :
  • Turbo Start :  Our proprietary method that builds your skills inventory quickly
  • Supersonic :Start : A faster way to build your skills inventory from publically available data 
  • Hypersonic Start :  The fastest way to build your skills inventory by integrating with your internal applications

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