Human Resources: Strategic Workforce Planning

Without a capable, strong leader at the helm, no organisation can sustain success. But what occurs when a significant figure in an upper-management position resigns? HR pro Wayne Cascio delves into the topic of strategic workforce planning in this useful training (SWP). Wayne highlights the importance of SWP and demonstrates to HR professionals how to create a plan that guarantees the proper personnel are assigned to key positions.

Wayne discusses what SWP is and how it benefits both large and small businesses. He describes in detail how to develop a talent inventory, project the internal and external labour supply, and handle succession planning. Additionally, he offers advice on how to efficiently handle global talent management.

Learning Objective:

The primary goal of the course “Human Resources: Strategic Workforce Planning” is to equip learners with the knowledge, skills, and tools needed to develop and implement effective strategic workforce planning initiatives within their organizations. By the end of this course, learners will be able to create and execute strategic workforce plans that align with their organization’s strategic goals and objectives, and effectively address current and future workforce challenges.

To achieve this learning objective, learners will engage in a comprehensive curriculum that covers various aspects of strategic workforce planning, including analyzing organizational data, forecasting future workforce needs, identifying talent gaps, and designing strategies to acquire, develop, and retain talent. The course will also explore best practices in workforce planning, including how to assess the external labor market, evaluate the impact of demographic changes on the workforce, and incorporate diversity and inclusion considerations into workforce planning efforts.

Throughout the course, learners will engage in practical exercises, case studies, and discussions to apply strategic workforce planning concepts to real-world scenarios. They will also have the opportunity to develop workforce plans and strategies that are tailored to their own organizations, incorporating relevant HR metrics, analytics, and technology tools to support data-driven decision-making.

Upon successful completion of the course, learners will be able to:

1. Analyze organizational data to identify workforce trends, challenges, and opportunities.
2. Forecast future workforce needs based on business strategies, external factors, and talent supply/demand analysis.
3. Identify talent gaps and develop strategies to attract, develop, and retain talent to meet current and future workforce needs.
4. Evaluate the impact of demographic changes on the organization’s workforce and incorporate diversity and inclusion considerations into workforce planning efforts.
5. Create comprehensive strategic workforce plans that align with the organization’s strategic goals and objectives.
6. Utilize HR metrics, analytics, and technology tools to support data-driven decision-making in strategic workforce planning.
7. Communicate and present strategic workforce plans to key stakeholders in a clear, concise, and persuasive manner.
8. Continuously monitor, evaluate, and adjust strategic workforce plans to ensure their effectiveness and alignment with changing business needs.

Overall, this course aims to equip HR professionals with the knowledge and skills needed to effectively plan and manage their organization’s workforce, enabling them to contribute strategically to their organization’s success in an ever-evolving business environment.