Workforce Planning

Workforce Planning.


Workforce Planning is the process of analyzing, forecasting, and planning workforce supply and demand, assessing gaps, and determining target talent management interventions to ensure that an organization has the right people - with the right skills in the right places at the right time - to fulfill its mandate and strategic objectives.

Workforce planning is a systematic, fully integrated organizational process that involves proactively planning ahead to avoid talent surpluses or shortages. It is based on the premise that a company can be staffed more efficiently if it forecasts its talent needs as well as the actual supply of talent that is or will be available.

If a company is more efficient, it can avoid the need for layoffs or panic hiring. By planning ahead, HR can provide managers with the right number of people, with the right skills, in the right place, and at the right time. Workforce planning might be more accurately called talent planning because it integrates the forecasting elements of each of the HR functions that relate to talent–recruiting, retention, redeployment, and leadership and employee development. Unfortunately, HR is notorious for first “over hiring” and then not having the capacity to reduce the workforce to necessary levels without inflicting major damage on employee morale.

This course helps you make the right and best choice of placing who, where and when.

By the end of the course, participants will be able to:
• Define workforce planning within the context of human resources management
• Identify several phases of Workforce Planning
• Explain how HR planning is related to the overall strategic plan of the organization
• Identify the economic concepts of demand and supply and how they apply to the labor market
• Recognize the relationship of HR planning to the staffing process
• Formulate staffing strategies to fill labor gaps whether shortages or surpluses
• Apply budgeting techniques for workforce planning.

Training and Resource Centre: 12, Karaye Street, Off Ladoke Akintola Boulevard, Garki 2, Abuja.
Phone Number: 09091111114 or 07089024098