Why bother with Workforce Data Quality?
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Every day, managers and executives decide actions based on the available workforce data. Sometimes these decisions can profoundly impact the workforce’s lives and the organisation itself.
Recognition of the need for quality workforce data is the first step in improving Productivity and organisational and workforce outcomes.
Typically, workforce data quality is low. Workforce data is poorly organised, and the ownership of workforce data accuracy is often complicated and poorly managed.
What would a board think if you weren’t sure of:
- what funds you had available
- your correct stock level and value
- the accuracy of your debtor’s list.
The workforce is typically the most considerable single cost for a business.
The same rigour applied to finances and inventory should be applied to the workforce and skills you have available to deliver your business outcomes.