What is workforce planning?
Workforce planning is the process of identifying who your company will need to support its strategic direction, and then forecasting the future demand for those roles. The organization's needs are analyzed in terms of workforce size, type, experience, and knowledge requirements to achieve set objectives and goals.
This is done through strategic planning.
Workforce planning is the systematic process of identifying the workforce needs of an organization and ensuring that the right number of people with the right skills are available when needed.
Why is it necessary to have Workforce Planning?
Workforce planning is necessary to ensure that organizations have the right mix of people with the right skills to meet their business goals.
Workforce planning classifications:
- Long-term (Yearly)
- Medium-term (Monthly)
- Short-term (Weekly)