The Randstad World of Work Report reveals the top three challenges for HR and business leaders are: increasing workforce performance and productivity, retaining top performers and managing internal change. The research also confirms that many employers need to strengthen workforce planning if they’re going to realise productivity gains and keep their best people over the medium term.
Here are our top 5 tips for improving your workforce planning.
- Review your existing talent and include manager and employees at all levels - particularly those whose functions will be critical to your future success.
- Consider the experience, knowledge, skills and capability required for the successful and smooth functioning of your organisation.
- Asses the current strategic position of your organisation - include factors such as the size and diversity of your workforce, your business goals, any long-term plans for expansion or diversification, and location specific circumstances.
- Remember to consider the broader political, economic, social and technological environment your organisation may need to succeed within the next two to five years (e.g. employment regulation, the number of women in senior roles and outsourcing of HR services are all likely to increase during this time).
- Integrate workforce planning into your core strategic planning process and ensure clear action plans are established to measure and review progress.
Currently, almost half of employers fail to plan their workforce a year in advance and just 13% plan for a two-year period. HR has an important role to play in moving their organisations towards a more robust, inclusive and long-term approach to workforce planning. This is the only way to ensure they have the right skills in the pipeline to meet both today’s needs and future requirements.
Posted: Friday, 18 July 2014 - 4:34 PM