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Strategic Workforce Planning: A Fundamental Beginner's Guide
Rating: 4.4 out of 5(2,852 ratings)
9,425 students
Created byTracey Smith, MBA, MASc, BMath, CPSM
Last updated 6/2023
English

What you'll learn

  • The 5 steps of the strategic workforce planning process
  • The activities to perform in each of the 5 steps
  • Real-world examples of strategic workforce planning
  • Basic headcount forecasting and gap analysis using Excel

Course content

1 section • 9 lectures • 56m total length

  • Introduction - What is Strategic Workforce Planning4:48
  • Determining Roles of Interest16:45

    This section will define the term, "roles of interest" and explain why this term was selected. You will see seven different methods for determining the roles that matter the most in executing a company's strategy. By the end of this lecture, you will be able to determine which method works best for your own company, its culture and leadership styles.

  • Historical Trends2:35

    This lecture teaches you how to look at your historical data and document significant past events which impact how well past numbers are indicative of future trends.

  • Forecasting5:41

    This lecture will teach you one way to forecast your future workforce and why forecasting is a mixture of historical trends and realistic judgement.

  • Downsizing
  • Identify Gaps10:02

    This section will explain the two types of workforce gaps and provide a template to consider the cost and time required to fill the identified gaps.

  • Leadership Risk4:08
  • Workload Drivers4:56

    This section will describe how to forecast future headcount needs by determining workload drivers.

  • Global Strategic Workforce Planning5:30

    This lecture will describe several factors to consider when you need to expand your workforce planning program into other countries.

  • How do I Know Where to Start?2:31

    As with many company initiatives, the number of projects in this area can exceed the resources you have available. This lecture will discuss a few considerations for determining which projects should be completed first.

  • Quiz - Comprehensive Test

Requirements

  • Fundamental arithmetic skills
  • Basic Excel skills

Description

Strategic workforce planning aims to proactively put the right people, in the right place, at the right time at the right cost in order to mitigate workforce risk now and in the future. The dynamics of a global economy have made strategic workforce planning one of the "most sought after skills in Human Resources today."

Strategic Workforce Planning is tied closely to HR's role in Talent Management.

This class is based on the book, Strategic Workforce Planning: Guidance & Back-Up Plans and will:

  • Teach you the framework of strategic workforce planning

  • Provide you with multiple implementation approaches

  • Outline how to successfully sell the concept and tell you what to do if selling the concept fails

  • Demonstrate ideas for measuring success

  • Clarify the connection to other HR functions

  • Discuss how to define the roles and responsibilities

  • Show you practical tools and approaches for successful implementation

  • Outline the major challenges facing strategic workforce planning leaders today

"Simple and practical."

"If you are looking for a straightforward guide to strategic workforce planning, this could be it. Brings together ideas from lots of sources with pros and cons."

"I've been through a number of workshops, formal training events related to SWP and have always come away with a different perspective or tool to use for the groups I support as a business partner."


Who this course is for:

  • HR professionals
  • Business leaders
  • Talent management professionals

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