Workforce planning is a systematic process through which an organization aligns with workplace norms and regulations to achieve its goals and cater to the needs of its workforce. It involves the development of diverse workforce strategies.
Essentially, workforce planning entails delineating the necessary workforce in terms of size, skills, and knowledge to fulfill the organization’s business objectives. There are two main types of workforce planning: Strategic Workforce Planning, which involves forecasting external and internal scenarios for the next three to five years and anticipating changes impacting the organization, and Operational Planning, which covers a 12- to 18-month period based on the business planning cycle.
Like any planning process, workforce planning follows specific steps or stages to unfold. These include:
1. **Getting Started:**
– Team building, establishing business contacts, communication planning, workforce segmentation, reviewing existing data, forecasting future business scenarios, and more.
2. **Environment Scan:**
– Analyzing various external factors that affect the organization’s workforce.
3. **Current Workforce Profile:**
– Evaluating the current demand and supply factors internally and externally impacting the workforce.
4. **Transition Workforce Profile:**
– Assessing demand and supply factors during the transition from the present to the future.
5. **Future Workforce View:**
– Identifying emerging trends and factors that will influence the organization’s workforce in the future.
6. **Analyzing Future Targets:**
– Establishing future business goals that drive growth.
7. **Risk Assessment and Mitigation:**
– Identifying risks and developing appropriate risk mitigation strategies.
While workforce planning is critical for an organization’s smooth functioning, it can be challenging to define and manage. A proficient Human Resource team is essential to handle this task effectively.
The responsibilities of the Human Resource team in workforce planning include:
1. **Crisis Management:**
– Ensuring the availability of the right workforce during challenging periods to help the organization navigate through crises.
2. **Business Cycle Understanding:**
– Collaborating with other departments to comprehend the organizational business cycle and aligning workforce planning strategies accordingly.
In essence, effective workforce planning requires active collaboration and communication between the organization and the Human Resource Department, ensuring a well-prepared and adaptable workforce to support the organization’s objectives.
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