Business conditions are not static. As they change, so also should strategic workforce plans. In this video, learn how to do scenario planning as well as to identify the kinds of questions you should ask when evaluating the usefulness of newly instituted or more established SWP systems.
- In the world of investments,…would any reputable financial advisor suggest…that you predict one scenario 10 years in the future…and then build an investment portfolio…based on that scenario?…Certainly not.…Any reasonable advisor would realize…that the future is far too uncertain to predict.…Instead, the advisor would have multiple future scenarios…in mind and continuously update them as new data emerged.…The advisor would then fluidly add and remove investments…as the future developed.…
That kind of approach also makes sense…when it comes to executing strategic workforce plans.…In this video, I'll show you how to use scenario planning.…To think differently about strategic workforce planning,…and I'll show you how to identify the kinds…of questions you should ask when evaluating the usefulness…of the SWP system that you have developed.…Remember, the business environment isn't static.…It's volatile, uncertain, complex, and ambiguous.…
That's why it's important continuously…to look two, three, even five years into the future…
Author
Wayne Cascio
Released
6/27/2018Wayne 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?
Skill Level Advanced
Duration
Views
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Introduction
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Welcome1m 20s
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1. Understanding Strategic Workforce Planning
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The modern approach to SWP2m 33s
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How does SWP deliver value?3m 40s
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2. Getting Started
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Environmental scanning2m 49s
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Build a talent inventory3m 19s
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Forecast workforce demand2m 55s
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3. Succession Planning
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4. Managing Strategic Workforce Planning
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Who owns talent development?2m 42s
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Conclusion
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Next steps48s
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Video: Execution and evaluation of SWP systems