Strategic workforce planning (SWP) enables businesses to stay competitive by focusing on developing their employees' skills and maximizing their productivity. SWP should align a company's personnel strategy with its long-term business goals. It is an iterative process that continuously monitors skills, identifies problems, and ensures the workforce can adapt to changes. SWP leverages internal and external data to understand turnover, map talent, and build leadership pipelines for the future. Ultimately, SWP creates a flexible framework to align a company's workforce with its evolving strategy.