Liaison Group acquires 20% of Foresight
Liaison Group has announced a strategic investment in Foresight to continue to change the global health economy.
6 December 2019
Liaison Group has announced a strategic investment in Foresight to continue to change the global health economy. The investment will enable Liaison Group access to Foresight’s unique recruitment demand-planning HR SaaS platform for the NHS.
As a workforce disruptor, Foresight is taking their customers into a new era of proactive HR delivery. They are highlighting old ways of working, and recognise that metrics such as Time To Hire are outdated. Foresight’s capability to identify recruitment demand, performance issues and risk signals well ahead of the need are actually increasing customers’ Time To Hire. Foresight’s ability to provide this invaluable data across every employee not only saves huge amounts of agency costs but also improves the productivity and relationships between HR and the areas they support.
This new investment is part of Liaison Group’s focus on investments and partnerships, designed to inspire savings for health. It will support Liaison Workforce, part of Liaison Group, in changing workforce through intelligence, specialist guidance and technology, and boosting the interoperability of workforce systems in the global health economy.
Liaison Group will be looking for six pilot trusts to create reference sites for the new technology, and help with any roadmap items that the NHS would like to see.
For Foresight, this investment enables a channel to market into the global healthcare sector whilst continuing to focus on disrupting the global HR community recruitment norms. Foresight is currently used in over 30 countries with blue chip customers including Specsavers and JLL, who have seen how a new way of working can change their business.
Vanessa Forster, Group Investments & Partnerships Director at Liaison Group, comments:
“Our vision is to change the global health economy. Investing in companies like Foresight who are delivering disruptive technology in the corporate HR market will enable us to continue to lead the way in workforce innovations. The NHS will benefit from such innovations and we are excited to drive the change in healthcare to deliver savings and efficiencies.”
Danny Hodgson, Founder at Foresight, comments:
“As founders of Foresight, Kraig and I have been on a mission to revolutionise the way organisations manage their recruitment demand. Having understood first hand the issues poor recruitment demand planning has in large organisations we developed a unique solution. We’re delighted to announce Liaison Group’s investment in Foresight and are excited to continue to grow our business and have a channel to market in healthcare.”