Course Overview:
This masterclass provides an advanced understanding of strategic workforce planning, enabling organizations to align their human capital with business goals effectively. Participants will learn to forecast workforce needs, analyze talent gaps, and develop actionable plans to ensure the right talent is in place to meet future challenges.
Course Objectives:
By the end of this masterclass, participants will be able to:
- Understand the principles and importance of strategic workforce planning
- Analyze current workforce capabilities and future business needs
- Identify talent gaps and risks
- Develop comprehensive workforce plans aligned with organizational strategy
- Implement workforce planning tools and techniques
- Monitor and adapt plans based on changing business dynamics
Who Should Attend:
- HR leaders and workforce planners
- Talent management and organizational development professionals
- Business managers and department heads involved in workforce decisions
- Consultants and advisors in human capital strategy
- Anyone responsible for aligning workforce with business objectives
Course Outline:
Introduction to Strategic Workforce Planning
- Definition, scope, and benefits
- The role of workforce planning in organizational success
- Key concepts and terminology
Analyzing Business Strategy and Workforce Implications
- Understanding business goals and drivers
- Linking workforce needs to strategic objectives
- Scenario planning and environmental scanning
Assessing Current Workforce Capabilities
- Workforce demographics and skills inventory
- Employee performance and potential assessment
- Identifying critical roles and competencies
Forecasting Future Workforce Requirements
- Quantitative and qualitative forecasting methods
- Using data analytics and predictive modeling
- Considering external labor market trends
Identifying Talent Gaps and Risks
- Skills shortages and surpluses
- Workforce diversity and inclusion considerations
- Risk assessment and mitigation strategies
Developing and Implementing Workforce Plans
- Setting workforce priorities and objectives
- Designing talent acquisition, development, and retention strategies
- Integration with HR and business plans
Workforce Planning Tools and Technologies
- Software and platforms for workforce analytics
- Data visualization and reporting
- Leveraging AI and automation
Monitoring, Evaluation, and Continuous Improvement
- Key performance indicators for workforce planning
- Regular plan reviews and updates
- Adapting to organizational and market changes