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Strategic Workforce Planning
Rating: 3.6 out of 5(46 ratings)
169 students

Strategic Workforce Planning

Fundamentals of Strategic Workforce Planning(SWP)
Created bySarah Kithaka
Last updated 1/2021
English
English

What you'll learn

  • Basis of strategic workforce planning and its value add to the business
  • Leverage on data to make better talent and succession management decisions
  • Strategic workforce planning in excel
  • HR3P Model of strategic workforce planning

Course content

4 sections17 lectures1h 13m total length
  • Introduction0:49

    Explore strategic workforce planning using data to inform talent and succession decisions, learn the HR3P model, and apply evidence-based methods in Excel to add business value.

  • Introduction to Strategic Workforce Planning4:53

    Align HR analytics with organizational strategy through strategic workforce planning, closing skills gaps and ensuring the right people fit the right roles.

  • Key Workforce Characteristics3:01

    Explore the four key workforce characteristics, size, shape, cost, and agility, and learn how vacancies, aging, and critical competencies shape workforce analytics for today and the future.

  • The Steps in Workforce Planning4:50

    Assess the current workforce formation and skills using the nine-box grid and personnel flow matrix, evaluate quality and quantity, and forecast future needs with scenario analysis and automation considerations.

  • Basic guidelines to Analytics & Strategic Workforce Planning5:57

    Align analytics with the organization's long-term strategy, apply the 80/20 principle to focus on critical roles, and use data to forecast recruitment, retraining, and succession.

  • Strategy & Data-driven decision making7:17

    Align HR analytics with the organization's strategy to drive data-driven decisions, translate strategy into workforce planning using the business model canvas and SWOT analysis, and measure HR impact.

  • Measuring and Managing Performance and Potential9:01

    Assess performance and potential using HR data to guide talent management, succession planning, and a four-by-four performance–potential matrix like the nine-box grid.

  • Quiz

Requirements

  • No prior knowledge on the subject matter

Description

Strategic Workforce planning is becoming more and more important as the world is changing at an increasing rapid pace, there is no more local market which has led to increased global competition, Innovation and organizational changes have become a constant process, all these factors put together means that Human Capital has become an increasingly important factor in production of goods and services. A better fit between what the organization needs and what the workforce provides is starting to become more and more important. Strategic workforce planning enables the Human Resources to plan for the capabilities they need in the future and ensure that the right person is in the right job at the right time to avoid overstaffing or understaffing.

In this course you will learn:

  • How strategic workforce planning works and how it adds value to the business

  • How to leverage on data to make better  talent and succession management decisions

  • Strategic workforce planning in excel

  • HR3P Model of strategic workforce planning

"There is nothing so sad as a tomorrow gone bad. The future ain't what it used to be"____ Jim Steinman.


Who this course is for:

  • Huma Resources Professionals interested in strategic workforce planning