Workforce Planning & Analytics
For over a decade, Peter Louch has been excelling in the complex field of workforce planning and analytics. As CEO of Vemo, he ensures that each client gets what they specifically need to reach the highest impact. Under Louch’s leadership, Vemo has successfully implemented dozens of enterprise workforce planning and analytics programs.
“We want to help them be ahead of talent needs,” Louch said, adding that companies never want to have too much talent too soon, or not enough talent when they need them the most. Achieving that balance can be tricky, which is why Louch and his team at Vemo go about it in a customized way.
Vemo offers workforce planning, workforce analytics, predictive analytic services, and implementation consultation to ensure effective and sustainable programs. Key to this work is Vemo’s technology; its state-of-the-art workforce planning software is cloud-based so clients can access, manage, and share easily.
First, Vemo meets with the company to collect data and create a baseline. “It’s a behavior forecast based on current HR activity, turnover, etc.” From there, Louch and his team can work to develop a reliable forecast so companies can develop a talent strategy that works for them.
One consideration is learning why people stay or leave a company, which varies widely by company and by country. Especially as companies go global, Louch explained that businesses need to focus their policies in a more global way.
A regional U.S. utility company was experiencing a high turnover of women and minorities, so they looked to Louch and his team to find out why. “We did a predictive analytic study and a driver analysis. We found that that the turnover was related to certain hiring practices for which we could provide pinpointed recommended changes. They achieved success from implementing new practices we recommended.”
Louch added that he finds his work very gratifying. When a client changes its behavior due to Vemo’s recommendations and then the client finds success, Louch and his team feel that success, too. Being clear about what Vemo can offer and how they will do it is key. “We don’t offer a shiny or outlandish product. We’re out there, working hard. We have a commitment to transparency.”
That’s why Vemo’s solution is infused with best-practice content and advanced predictive technology—to help clients get a custom-fit strategy of the right metrics, reliable forecasts and valuable analysis on their future workforce. Louch and his team’s focus is making the numbers meaningful, so that the client can then act.
Vemo also worked with Flowserve, a worldwide company that supplies pumps, valves, seals, automation and services to the power, oil, gas, chemical, and other industries. Flowserve has 16,000 employees in more than 50 countries. In working with Vemo, they realized the lack of alignment between Flowserve’s HR planning talent and financial planning for budgets, which is a common challenge of global companies. “HR and finance normally work against each other,” Louch said. Creating a baseline of the current HR climate and offering a clear projection of future talent needs helped to align the goals of both HR and finance. “We helped them focus on the higher value activities,” Louch said. Within a year, Vemo had helped Flowserve determine with a high level of accuracy their talent needs.
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Louch is recognized for his HR expertise and speaks at HR technology events. He continues to be a pioneer and leads with cutting edge technology in his industry. Peter’s dedication to team, ongoing commitment to innovation, and principled business ethic all contribute to the exceptional company he continues to build. Louch graduated with a degree in astrophysics from the University of California at Berkeley.
One of the Top 100 Coaches, and Founder and CEO of Best Practice Institute, partner to Newsweek on America’s Most Loved Workplaces, and the author of more than 10 books on best practices in leadership and management, including Change Champion’s Field Guide, In Great Company, and Best Practices in Talent Management. Thought leaders and executives voted him as one of Global Gurus Top 10 Organizational Culture thinkers worldwide.