Tech Glossary
What is Workforce Management?
Workforce Management is an important component in business management and personnel administration. It is about effectively managing and optimizing the workforce within a company to maximize productivity and profitability. By using various tools and processes within Workforce Management, companies can better plan and distribute the workforce to meet the company's goals and needs. It involves managing everything from scheduling and time reporting to staff development and skills development. There are various programs and systems that offer Workforce Management capabilities, including Workforce Management Systems (WMS) and Workforce Management Software (WMS). These tools can help companies streamline their workforce administration and optimize resource management. Just like with Adobe Photoshop, there are several options in Workforce Management, including Workday, Kronos and SAP SuccessFactors. It is important to find the right tools and systems that suit the company's specific needs and operations in order to maximize efficiency and profitability.