Workforce planning is a continual systematic process used to align the needs and priorities of the organization with those of its workforce to ensure it can meet its legislative, regulatory, service and production requirements and organizational objectives. In other words, it ensures that organizations have the right people, with the right skills, at the right time and cost to execute efficiently and successfully.
Crowned Grace International works with you to properly plan so that you minimize risks associated with executing business strategy. There are two main components of workforce planning: strategic and operational. Strategic workforce planning takes the long view and forecasts critical roles the organization will need in the future. Operational workforce planning looks at the short term demands of the business, compares them to current talent supply and determines whether additional resources are needed.
At a minimum, our workforce planning process result in these benefits:
The concepts of planned versus reactive risk management and developing the right metrics are perhaps the most crucial levers to drive support for workforce planning. By shifting workforce planning from a top-down strategic exercise that is only geared towards provoking thought about the future to an operational exercise designed to manage talent risk, workforce planning becomes a concrete activity with specific financial implications. By providing metrics to quantify the risk, it provides something even more concrete for leaders to manage.