HR Workforce Planning

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  • Workforce Planning
    • 1) Corporate objectives set HR needs
      • Indicates likely demand for labour
        • e.g. sales targets, units, costs, location
      • E.g. strategy of retrenchment = reduction in demand for labour
    • 2) Analyse existing workforce
      • How many there are
        • age
        • permanent or temporary
        • full-time or part-time
      • How well the existing workforce meets future needs
        • Skills audit used
      • How they perform - productivity, retention
    • 4) Identify gaps in the workforce
      • When staff do not have right skills for future needs
      • Strategy for closing gap
    • 3) Assess future needs - demand for labour
      • Impacts of changes in technology
      • Changing economic, social and political environment
        • e.g. recession = greater choice in employees (higher unemployment)
          • But could lead to reduced consumer spending = reduced need for labour
      • Needs to be realistic - based on reliable data

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