In this video, Wayne Cascio argues that business leaders simply cannot wait until developments in the political, economic, social, technological, legal, or natural environment disrupt their operations. Rather, they need to know how the competitive advantages on which they have based their strategies might be affected by them. That’s the role of environmental scanning, and you can learn how to harness the power of your workforce to do it systematically and effectively.
- It wasn't that long ago…when there were lots of music stores…that sold records, tapes and CDs.…Then, in April 2003, Apple introduced the iTunes Store.…For the first time, people could legally buy music online…and they could pick and choose…the songs they wanted from an album.…Sadly, many existing music stores never knew what hit them.…Their revenues declined dramatically…and they were forced to close.…I'm here today to tell you the iTunes Store…is not an isolated incident.…
Think about how Skype revolutionized…international telephone calls…or how the internet has revolutionized…the way we book airline tickets.…So let me show you how to use strategic workforce planning…to avoid being blindsided by a new business model.…The SWP process that we'll discuss…is called environmental scanning.…To get that process underway, get your employees involved.…Put together environmental scanning networks,…groups of employees who volunteer to meet…on a regular basis, maybe once a quarter.…
Networks can be organized by location, department…
Wayne reviews what SWP is and how it delivers value to companies large and small. He steps through how to build a talent inventory, forecast the internal and external supply of labor, and approach succession planning. Plus, he explains how to tackle global talent management effectively.
- What is strategic workforce planning (SWP)?
- How does SWP deliver value?
- Building a talent inventory
- Forecasting the internal and external workforce supply
- Succession planning
- Evaluating the usefulness of SWP systems
- Who owns talent development?