The strategic workforce planning allows organizations to allocate the resources as the productivity improvements are achieved.
The strategic workforce planning requires a change of the managerial mindset as workforces can move among departments.
The strategic workforce planning is closely linked with the business strategy and supports the delivery of the key goals of the organization.
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Strategic Workforce Planning
1. Strategic Workforce
Planning
CREATIVE HRM
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2. Workforce Definition
Workforce:
â Total pool of employees or labor available in the organization
â Many organizations do use the word âheadcountâ for measuring the
number of employees in the organization
â Workforce always creates costs for the organization; it has to pay its
employees for the job delivered
â Workforce is a scarce resource and HR has to run the regular process
for the right allocation of employees to processes/departments
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3. Workforce Planning
Traditional Workforce Planning:
â Aligning the needs and requirements of the business with the available
pool of employees
â HR leads the process of the workforce planning, interacts with the
Finance Department, line managers and the top management
â Restructuring of requirements with the aim to strengthen the strategic
agenda of the organization
â Preparation of the recruitment and redundancy plans as the current
workforce gets appropriately adjusted
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4. Strategic Workforce
Planning
Strategic Workforce Planning:
â The planning process is driven by the business strategy, market
development, HR strategy and the gap analysis of the current workforce
â The joint team with the executive management buy-in leads the
planning process
â The team analyzes inputs from different sources, adjusts workforce
plans, sets the short-term strategic plans and estimates costs/benefits
â The executive management approves the strategic workforce plan and
the implementation plan
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5. Strategic Workforce
Planning Process
Planning Team Set
Up
Strategic
Gap Analysis of
Workforce Plan
the Workforce
Approval
Productivity Strategic Growth
Improvement Areas
Incorporation Identification
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6. Thank You
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