From the course: Human Resources: Strategic Workforce Planning

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Put it all together: Essential features of an SWP system

Put it all together: Essential features of an SWP system

From the course: Human Resources: Strategic Workforce Planning

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Put it all together: Essential features of an SWP system

- It's highly unlikely that you need A players in all jobs in your organization, so strategic workforce planning should focus on pivotal roles, roles that are central to an organization's strategy. Once you've identified roles that are quality or quantity pivotal, it's time to implement your SWP. There are three main purposes for strategic workforce planning: to anticipate and respond to talent needs, to determine priorities for hiring or developing that talent, and to allocate resources where they can do the most good. There are three components that make up an SWP system: a talent inventory to assess current resources, workforce forecasts to predict future talent requirements, and action plans to enlarge the pool of qualified individuals. When these three components are in place, the next step is to monitor and evaluate the process. For example, it's important to gather feedback and collect information about how well you achieve the goals and objectives you set for talent in your…

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