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Here’s Why Every Organisation Needs Strategic Workforce Planning

Workforce planning is a proactive approach that involves planning ahead effectively to avoid/minimise potential talent shortages or surpluses. It is not just limited to identifying, recruiting and deploying the right employees but also analysing current and future workforce needs and goals to keep the business operating at peak efficiency. Read more: https://goo.gl/qLuXO5

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Here’s Why Every Organisation Needs Strategic Workforce Planning

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  1. Here’s Why Every Organisation Needs Strategic Workforce Planning

  2. Amongst all the core operations and duties that HR teams within every organisation is responsible for, workforce planning is one of the core fundamentals. Sustainable. high-performing organisations are always a testament to the absolute need for, and positive impact of, strategic workforce planning on delivering high quality business outcomes over time.

  3. While many organisations engage in elements of workforce planning, and address aspects that look at subsets of overall workforce shape, cost, capability and capacity to align with current and future business needs, they are still struggling to be successful at achieving a holistic outcome that demonstrates a tight alignment between business and workforce plans.

  4. The message here is – don’t give up. It’s hard because its complex and requires structure, judgement, discipline and persistence in order to work. However, the broad and deep benefits associated with workforce planning make it essential that organisations who want to successfully stay ‘the journey’, realise their potential and deliver on their objectives need to have in place a workforce plan that is ‘fit for purpose’ for their business.

  5. Put the other way around, management teams that don’t have a workforce plan in place that tightly links business and workforce objectives and outcomes are deploying what's usually, for most businesses, their biggest expense without knowing if its properly structured and sustainable into the future.

  6. Having said that, set out below are some suggestions about some key areas to think about in terms of workforce planning and why its important: • Ensure sustainability and business continuity • Reduce risk associated with workforce capacity and capability • Manage employee costs • Deliver better outcomes for clients • Identify workforce skills requirements – including changes into the future.

  7. Eliminate unwanted surprises Workforce planning needs to be a proactive process that involves planning ahead effectively to avoid/minimise potential workforce talent shortages or surpluses. In addition, by forecasting the talent needs as well as the available or required supply of talent, HR can easily avoid urgent hiring and layoffs that tend to affect the core operations, reputation and productivity of the business.

  8. Streamline business cycles Every business cycle has periods of growth and recession. Determining a customised approach to deal with different of the business cycle helps prepare the organisation for changing phases and keep business operations running at peak efficiency. With appropriate procedures to be implemented in both good and bad times, the organisation can meet intended production goals while preventing project delays and unfavourable outcomes.

  9. Identify skill gaps in the workforce Not only does a good workforce planning assessment assist in hiring new employees and determining appropriate staffing needs, but it also helps to put in place proper employee development initiatives identifying and addressing skill gaps in the current workforce.

  10. Identify skill gaps in the workforce With a well-though out system in place to identify employee needs and link this to budgets and performance management schemes, it becomes easier to apply organisational resources to known areas of need.

  11. Conclusion Workforce planning is not just limited to identifying, recruiting and deploying the right employees but also analysing current and future workforce needs and goals to keep the business operating at peak efficiency. Laying out a strategic workforce plan might seem intimidating at first but when implemented appropriately it can yield rewarding results for the organisation. Remember, without a workforce plan your biggest expense and asset is not being efficiently and effectively used.

  12. Get in Touch.. HBA Consulting Office : 29 Somerville St SPENCE ACT 2615, Canberra, Australia Post : PO Box 6262, O'CONNOR ACT 2602 Telephone : 02 6247 4490 Contact Email : gary.champion@hbaconsulting.com.au Website : www.hbaconsulting.com.au

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