Since 2020, the global workforce has undergone a seismic shift. We’ve witnessed the rise of remote work, The Great Resignation, quiet quitting and now the looming impact of AI on jobs. These rapid changes have left many organizations scrambling to adapt their workforce strategies. In this landscape of constant change, Visier is emerging as a beacon for businesses, offering innovative solutions that provide a crucial “Workforce AI Edge.”
At Brandon Hall Group™, we’ve been closely tracking these transformations. Our research shows that organizations are grappling with unprecedented challenges in talent acquisition, retention and productivity. The labor market has become increasingly complex, with skills gaps widening and employee expectations evolving rapidly. In this context, data-driven decision-making has never been more critical.
Visier’s latest innovations, showcased at this year’s HR Tech Conference, demonstrate not just their continued market leadership in people analytics, but a profound understanding of the current needs of HR and business leaders. Let’s delve into how Visier is addressing these challenges and why Brandon Hall Group™ believes they’re at the forefront of meeting HR’s evolving needs.
Meeting Real Industry Needs in a Volatile Market
Visier has astutely identified what they term a “Business Performance Erosion Crisis.” This crisis is characterized by:
- Stagnating productivity growth
- A shrinking talent pool
- Declining employee engagement
These challenges align closely with what we at Brandon Hall Group™ are seeing in our research. Organizations are struggling to maintain growth and profitability in the face of these headwinds. Visier’s focus on providing tools and insights to navigate this complex landscape is exactly what the industry needs.
Our studies have consistently shown that HR leaders are seeking ways to demonstrate their strategic value to the business. Visier’s approach of combining people data with work data is a game-changer in this regard. It allows HR to move beyond traditional metrics and directly link their initiatives to business outcomes.
The Power of People + Work Data: A Brandon Hall Group™ Perspective
Visier’s approach centers on the fusion of people data with work data. This combination allows organizations to move beyond traditional HR metrics and start answering critical business questions. For instance:
- Sales leaders can now understand how turnover risk among high-performing salespeople might impact their pipeline.
- IT leaders can analyze service ticket resolutions alongside employee behaviors to identify what drives high customer satisfaction.
- Retail managers can pinpoint the attributes and behaviors that lead to best same-store sales.
At Brandon Hall Group™, we’ve long advocated for HR to take a more data-driven, business-aligned approach. Our research shows that organizations that can effectively link people data with business outcomes are 5.4 times more likely to be high performers. Visier’s solutions are directly enabling this kind of strategic HR function that we believe is crucial for success in today’s business environment.
AI-Driven Insights for Everyone: Democratizing Analytics
One of the most exciting developments from Visier is the enhancement of their AI assistant, Vee, and the introduction of Vee Boards. These innovations are set to democratize access to people insights, making them available to managers and leaders throughout the organization, not just HR specialists.
The Vee Boards feature, slated for release in early 2025, represents a significant leap forward in delivering AI-curated insights tailored for specific executive roles like CHROs and CFOs. After getting a sneak peek at this new capability, we at Brandon Hall Group™ are particularly impressed by its potential to transform executive decision-making in HR and finance.
Key features of Vee Boards include:
- Persona-specific curation: Vee Boards creates landing pages tailored to the specific needs and priorities of executives like CHROs and CFOs. This ensures that leaders can quickly access the most relevant and impactful information without sifting through generic content.
- Comprehensive financial overview: The platform provides a clear view of people costs against plan, including year-to-date actuals and full-year forecasts. This allows executives to quickly identify areas of over- or under-spending and take appropriate action.
- Headcount and movement analysis: Vee Boards offers insights into headcount changes, employee movements, and how these factors impact overall spending. This level of detail helps HR and finance leaders understand the underlying drivers of personnel costs.
- Smart Insights powered by AI: Perhaps the most innovative aspect of Vee Boards is its use of both traditional and generative AI to provide “Smart Insights.” These go beyond simple summaries, offering explanations of what’s good, what’s bad, what’s significant but not immediately apparent, and where executives should focus their attention next.
- Automated analysis: Vee Boards essentially automates much of the work traditionally done by analysts, providing on-demand, AI-generated insights that can be easily distributed and applied across the organization.
At Brandon Hall Group™, we’ve seen a growing demand for role-specific analytics that can drive strategic decision-making. Visier’s Vee Boards are perfectly aligned with this trend, offering a level of personalization and insight that we believe will be game-changing for many organizations.
At Brandon Hall Group™, we’ve observed a growing interest in AI applications for HR functions. Many organizations are planning to increase their use of AI in HR processes in the near future, and Visier’s innovations position them at the forefront of this important shift in HR technology. With innovations like Vee Boards, Visier is positioning itself at the forefront of this important shift in HR technology, providing solutions that not only meet current needs but anticipate future demands.
Other key enhancements to Vee include:
- Integration with Microsoft 365 Copilot
- The ability to index and query internal document libraries
- Pervasive presence across the Visier People platform
- API integration for enterprise and embedded customers
Open for Builders: Fostering Innovation in HR Tech
Visier’s “Open for Builders” initiative is gaining momentum, allowing enterprises, ISVs, and system integrators to build on top of Visier’s People Data Platform. This approach is fostering innovation and enabling the creation of specialized solutions for various industries and use cases.
At Brandon Hall Group™, we’ve identified integration and customization as key challenges in HR technology adoption. Visier’s open ecosystem approach directly addresses these issues, allowing for greater flexibility and adaptability to specific organizational needs. This aligns with our findings that organizations with well-integrated HR systems are 5.2 times more likely to be high performers.
Looking Ahead: Shaping the Future of Work
As AI continues to reshape the workplace, Visier is positioning itself at the forefront of this transformation. Their focus on helping organizations “continuously shape-shift” their workforce in response to changing demands reflects a deep understanding of the challenges businesses face.
Brandon Hall Group’s research has consistently highlighted the need for agility and data-driven decision-making in HR. Visier’s innovations in AI and analytics are directly addressing these needs, providing HR leaders with the tools to navigate the complexities of the modern workforce.
In conclusion, from our perspective at Brandon Hall Group™, Visier is not just meeting the current needs of HR – they’re anticipating future challenges and providing solutions that will shape the future of work. Their commitment to innovation, coupled with a deep understanding of business needs, positions them as a crucial partner for organizations navigating the complexities of today’s transformed labor market.
As the workplace continues to evolve at a rapid pace, tools like those provided by Visier will be essential for organizations looking to maintain their competitive edge. By providing a Workforce AI Edge, Visier is empowering HR leaders to drive strategic value and navigate the uncertainties of the modern business landscape.
