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Category: Business and Industry
Date Submitted: 03/15/2011 08:56 AM
HR’s Role in Strategic Workforce Planning for 2009 and beyond
Stacey Carroll, SPHR Customer Service Manager PayScale, Inc.
Workforce Planning
Workforce planning is “the most strategic work HR can do. It’s really the umbrella over all the services HR delivers.” Jamie Hale, Watson Wyatt Worldwide “But I hope you are convinced that professional excellence alone is not sufficient. As you learn to think like the street vendor, you will become a businessperson first. Your perspective will expand beyond a functional or departmental view to a total business view.” Ram Charan, What the CEO Wants You to Know
Definition of Workforce Planning
• HR planning is the process of analyzing and identifying
the needs for and availability of human resources so that the organization can meet its objectives. strategic plans for HR to be a core competency that provides competitive advantage for the organization.
• HR plans must be linked effectively with organizational
Simply said . . . .
It’s having • the right number of human resources • with the right capabilities • at the right times • in the right places
It’s managing supply and demand of the company’s most valuable resource!
It begins with an external scan
“The process of studying the environment of the organization to pinpoint opportunities and threats”
•Gathering key pieces of data that will help forecast supply:
• Unemployment rate • Graduation rates • Demographic make up of local market • Knowledge of direct competitors
Assessing the internal workforce
“The process of analyzing the jobs that will need to be done and the skills of the people currently available to do them”
• Gather data about jobs & skills required by the organization
• What jobs exist now • How many people are doing each job • How essential is each job • What are the characteristics of anticipated jobs
• Gather data about the organizational capabilities
• Detailed information about current employees and their capabilities...