WingSpread^TM Provides Next Great Innovation in HR Technology

NEW YORK, March 3/PR Newswire/ – WingSpread^TM (http://www.wingspreadco.com), a leading provider of Human Capital Optimization solutions, has released a new whitepaper on Human Capital Risk to address the challenges faced by companies planning their workforce needs.

Corporations are faced with serious dislocations in their workforces through downsizings, restructurings, and bankruptcies due to the current economic environment.  As the outlook improves however, those same businesses will be scrambling to rebuild their workforces and acquire the talent needed for growth.  Human Capital Risk enables companies to better understand the gaps in their workforce and prepare for unforeseen changes in the competition, marketplace, and economy.

“As we come out of this recession, companies are asking for a better way to analyze their workforce needs. Human Capital Risk is all about giving companies the metrics to ensure that they have the right talent doing the right work to stay on track with the company’s goals,” said Mark Birch, author of the whitepaper.

One rapidly growing area of interest from companies is in leveraging Human Capital Risk for the management of contingent workforces.

“A knowledge-driven global economy contributes to the growth of contingent labor solutions as organizations focus on core businesses and shift non-core processes to highly skilled, lower-cost suppliers. Executive leadership, in partnership with HR, is embracing Human Capital Risk as part of a long-term strategic workforce planning program to become more agile and responsive to business change,” says Doug Lubin of Crescendo Consulting Solutions, a strategic Outsourcing and Human Capital professional services firm.

“We see Human Capital Risk as the next logical progression from Talent Management and Workforce Planning technologies, providing the bedrock of analytics to offer better insight into executive decision making and achieve greater workforce productivity,” added Michael Yinger, President and Chief Operating Officer, WingSpread.

To download your free copy of the Human Capital Risk whitepaper, please go to http://wingspreadco.com/files/wingspread-paper-human-capital-risk.pdf.  For information on WingSpread’s Human Capital Optimization solutions, please visit our website http://wingspreadco.com.