Planning is the very heart of management, for it helps reduce the uncertainty of the future and to do a better job of coping with it. In this video, Wayne Cascio first explains why planning is important. Then, he describes different time frames for planning—strategic, operational, and tactical—and shows how each affects strategic workforce planning.
- Can you imagine a professional sports team…or military general taking the field or conducting…an operation without any sort of plan?…I know, it's ludicrous.…Planning is essential to business success…just as it is in sports or the military.…It's the very heart of management.…Planning helps managers reduce uncertainty.…In this video, we'll first consider…why planning is important and then we'll examine…different timeframes for planning…and how they affect what you'll do…in strategic workforce planning.…
Planning is important because it's crucial to success.…Studies consistently show that planners…outperform non-planners.…Planning gives managers in organizations…a sense of being in control of their fate…rather than leaving it to chance…because it requires managers to define their objectives.…Without objectives, effective control is impossible.…As has often been said, if you don't know…where you're going, any road will get you there,…but you're more likely to arrive on time and unscathed…if you have a map.…
Planning may take place in strategic,…
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?