From the course: Human Resources: Strategic Workforce Planning
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The modern approach to SWP
From the course: Human Resources: Strategic Workforce Planning
The modern approach to SWP
- This is the 21st century, and you don't have the luxury of long-range planning. You don't know what talent you're going to need, who you're going to have, and you have no idea how your business is going to change. In most organizations, when we talk about long-range planning these days, we're talking three years. That means you need to change the way you think about strategic workforce planning, and I'm going to show you how. Remember the good old days when people rarely changed jobs, down-sizing white-collar workers was unheard of, and people worked for one organization for their entire careers? Job vacancies were easy to predict because employees didn't quit and were rarely fired. Vacancies tended to come with retirements at mandatory retirement ages. Well, maybe you don't remember because the good old days disappeared in the mid-1980s. Today uncertainty is the new normal. Firms are developing strategic business and workforce plans to reduce the impact of uncertainty and to manage…
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