Visier, the globally recognized leader in workforce AI solutions, has announced new product innovations designed explicitly for executives, offering organizations a Workforce AI Edge. Earlier this month, Visier enhanced its corporate mission to harness AI’s power by unifying, illuminating, and activating people and work data across organizations. This approach aims to better understand employees, the work they do, and optimize the outcomes this work yields for businesses. At HR Tech 2024 in Las Vegas, Visier is demonstrating how AI can transform corporate performance while positively impacting the world of work.
The Need for Executive Insights
“Achieving a Workforce AI Edge has to start at the top, with the insights executives need to lead and adapt their organizations through an increasingly challenging operating environment,” stated Keith Bigelow, Chief Product Officer at Visier. He emphasized that the Workforce AI Edge enables a virtuous cycle, empowering organizations to measure and optimize productivity continuously, ensuring employees operate at their highest capacity.
Introducing Vee Boards: Tailored Insights for CHROs and CFOs
Visier launched Vee Boards, a breakthrough in delivering insights about people and work to executives. This powerful extension of Vee, Visier’s award-winning generative AI digital assistant, provides relevant insights and guidance to help C-suite leaders monitor their most critical KPIs and manage their workforce more effectively.
- People Cost Vee Board: Specifically designed for CHROs and CFOs, it highlights how workforce costs impact financial targets, covering workforce cost forecasts, headcount movement, and compensation changes.
Key features of Vee Boards include:
- AI-driven text explanations tailored to highlight relevant findings.
- AI-guided traffic lighting to identify metrics of concern quickly.
- AI-generated recommendations for improvement strategies.
“Visier automates many of the most human elements of preparing data for the C-suite audience,” said Bigelow, allowing executives to pinpoint challenges and required actions rapidly. Vee Boards for CHROs and CFOs are currently available for customer preview and will be generally available later this year, with plans for future releases for other executive roles.
Spotlight on the CRO: High-Performing Sales Analytics
Visier is showcasing a powerful AI-based analytics solution designed for Chief Revenue Officers (CROs). This solution integrates people and work data to help revenue leaders understand and manage their sales teams’ activities and their impacts on pipeline and revenue results. By optimizing data from Salesforce, revenue leaders can:
- Identify people factors that drive deals to closure by analyzing prospecting and deal-related activities of high and low performers.
- Assess turnover risks among top salespeople and correlate employee engagement with sales performance.
“Our Workforce AI Edge means blending data to gain insights that directly impact the business,” added Bigelow.
Spotlight on the CXO: Workforce Planning with Deloitte
Executives today are seeking to maximize workforce effectiveness amid changing trends. Deloitte Consulting LLP has developed a solution on the Visier platform to support leaders in navigating these changes by:
- Modeling and building workforce plans that incorporate demand drivers and labor market data.
- Managing labor supply and demand efficiently, especially in seasonal contexts.
- Enabling rapid deployment of complex capabilities through data modeling.
“Successfully navigating the age of AI hinges on understanding the implications of change on the total workforce,” noted Russell Klosk, Managing Director at Deloitte. The solution enables informed, data-driven workforce management across the organization.
“Through our product enhancements, we demonstrate the potential of leveraging people and work data,” said Bigelow. Visier is committed to showing leaders how this integration can enhance team performance and significantly alter a business’s growth trajectory.