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.
Does your company have an overseas workforce plan to attract and retain top talent for your global operations? Attracting the right talent in your overseas location is not as simple as it sounds. Recruiting techniques that work domestically might not attract top-tier talent abroad. Successful recruiting operations require specific plans for your target country. View this SlideShare to learn more.
Does your company have an overseas workforce plan to attract and retain top talent for your global operations? Attracting the right talent in your overseas location is not as simple as it sounds. Recruiting techniques that work domestically might not attract top-tier talent abroad. Successful recruiting operations require specific plans for your target country. View this SlideShare to learn more.
Forget SAP, Oracle HR or PeopleSoft when choosing your new HR software. Modern HR IT solutions are not monolithic, they are web-based, offer HR self-service solutions for employees and managers.
They are cheaper to maintain and they have low implementation costs.
Think twice before selecting a new solution.
A company is only as good as its workforce. A company does not generate ideas, does not give service, and by itself is neither efficient nor productive. People make all of those things happen. In that sense, employees are the most important component in the quest to improve business results. It makes sense to treat employee-related expenses as an investment in the workforce. Like any other investment, this critical company investment must yield a healthy return. At Sage, we call that the Return On Employee Investment or ROEI.
These are not easy times for HR managers. Like other executives, they must do more with less. A viable approach to the consequences of an economic downturn is tighter “strategic alignment” of HR processes to the company’s overall competitive strategy. One way that HR managers might adapt to doing more with less is to develop initiatives that designate HR as a strategic partner to revenue-generating business units and to the executive team.
Slide Team presents you Strategic Hrm Planning PowerPoint Presentation Slides having 28 ready-to-use PPT slides. Use this to develop your HR strategies to support organizational plans. With this strategic planning and human resource PPT templates, you can learn how HR planning can prepare your company for success. Human resource performance management PowerPoint complete deck underline the important concepts such as strategic human resource plan framework, assessing the current HR capacity, forecasting HR requirements, skill gap analysis plan, organizational skills program matrix, company’s recruitment strategies, evaluating recruitment strategies, recruitment budget to name a few. Using this visually stunning strategic human resource management process, HR managers can easily present the content to target management. Furthermore, this will guide you on how a business should move from its current to the desired manpower position. Make an accountable human resource strategy PowerPoint presentation in just a few minutes. Just click and download strategic human resource plan Presentation design
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden is presenting in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discuss the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
10 metrics to measure the effectiveness of Human Resource functionDr Wilfred Monteiro
Is human resource function a plethora of initiatives; & good intents to increase productivity; employee engagement and talent retention ... WHAT IS THE BOTTOM LINE OF HR function
Building Blocks of Entrepreneurial Organization, ISABS December 16 PaperPeopleWiz Consulting
A paper presentation by Protima Sharma at ISABS Jaipur OD Conclave on "Building Blocks of Entrepreneurial Organization". Lessons from Culture Cultivation in Startups. Attached is a primer of the paper.
Strategic workforce planning is all about establishing a business strategy that will effectively utilize your onshore and offsite resources. This type of strategy can help you evaluate your current team, technological landscape, communication style, staffing and overall company culture. In this slide deck, we give a run-down on the basics of workforce planning.
HR Strategy: What is it? Why do we need it?CreativeHRM
The modern organization cannot survive without the innovative HR Management. The modern HR Management is always based on the underlying HR Strategy. However, many companies do not have the competitive strategy and they do not utilize the full potential of Human Resources in the organization.
What is the HR Strategy? Generally, it is not just a document. It is a true roadmap for HR. It allows to HR employees to find the right way and it gives the certainty to top executives that Human Resources is on the right track.
The HR Strategy is a basis for your success.
Forget SAP, Oracle HR or PeopleSoft when choosing your new HR software. Modern HR IT solutions are not monolithic, they are web-based, offer HR self-service solutions for employees and managers.
They are cheaper to maintain and they have low implementation costs.
Think twice before selecting a new solution.
A company is only as good as its workforce. A company does not generate ideas, does not give service, and by itself is neither efficient nor productive. People make all of those things happen. In that sense, employees are the most important component in the quest to improve business results. It makes sense to treat employee-related expenses as an investment in the workforce. Like any other investment, this critical company investment must yield a healthy return. At Sage, we call that the Return On Employee Investment or ROEI.
These are not easy times for HR managers. Like other executives, they must do more with less. A viable approach to the consequences of an economic downturn is tighter “strategic alignment” of HR processes to the company’s overall competitive strategy. One way that HR managers might adapt to doing more with less is to develop initiatives that designate HR as a strategic partner to revenue-generating business units and to the executive team.
Slide Team presents you Strategic Hrm Planning PowerPoint Presentation Slides having 28 ready-to-use PPT slides. Use this to develop your HR strategies to support organizational plans. With this strategic planning and human resource PPT templates, you can learn how HR planning can prepare your company for success. Human resource performance management PowerPoint complete deck underline the important concepts such as strategic human resource plan framework, assessing the current HR capacity, forecasting HR requirements, skill gap analysis plan, organizational skills program matrix, company’s recruitment strategies, evaluating recruitment strategies, recruitment budget to name a few. Using this visually stunning strategic human resource management process, HR managers can easily present the content to target management. Furthermore, this will guide you on how a business should move from its current to the desired manpower position. Make an accountable human resource strategy PowerPoint presentation in just a few minutes. Just click and download strategic human resource plan Presentation design
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden is presenting in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discuss the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
10 metrics to measure the effectiveness of Human Resource functionDr Wilfred Monteiro
Is human resource function a plethora of initiatives; & good intents to increase productivity; employee engagement and talent retention ... WHAT IS THE BOTTOM LINE OF HR function
Building Blocks of Entrepreneurial Organization, ISABS December 16 PaperPeopleWiz Consulting
A paper presentation by Protima Sharma at ISABS Jaipur OD Conclave on "Building Blocks of Entrepreneurial Organization". Lessons from Culture Cultivation in Startups. Attached is a primer of the paper.
Strategic workforce planning is all about establishing a business strategy that will effectively utilize your onshore and offsite resources. This type of strategy can help you evaluate your current team, technological landscape, communication style, staffing and overall company culture. In this slide deck, we give a run-down on the basics of workforce planning.
HR Strategy: What is it? Why do we need it?CreativeHRM
The modern organization cannot survive without the innovative HR Management. The modern HR Management is always based on the underlying HR Strategy. However, many companies do not have the competitive strategy and they do not utilize the full potential of Human Resources in the organization.
What is the HR Strategy? Generally, it is not just a document. It is a true roadmap for HR. It allows to HR employees to find the right way and it gives the certainty to top executives that Human Resources is on the right track.
The HR Strategy is a basis for your success.
Checklist:
1) Establish where your business is going.
2) Understand where the labor market is going.
3) Understand your future talent demands.
4) Assess your current talent inventory.
5) Identify your talent gaps.
6) Implementation.
How to Build and Maintain a Premier OrganizationLucas Group
An important trend facing organizations across all industries is bridging the knowledge gap between outgoing employees and those who remain or are hired to fulfill their work. Despite a stubbornly persistent unemployment rate in the U.S., attracting and retaining people who can positively impact your company remains a considerable challenge to building and maintaining a premier organization. Triggered by Baby Boomer retirements, companies must develop systematic ways to attract the best, retain the best, and hold on to the knowledge that the best contribute to their organizations.
Workforce Planning Guide Definition, Importance & Best Practicess.pdfdeflytics0
Workforce Planning: In this comprehensive blog, we will explore the importance of workforce planning, discuss various types of workforce planning, delve into the key elements involved, highlight best practices for effective implementation, and outline the wide-ranging benefits it offers.
Global megatrends are escalating the war for top talent and reshaping business as we know it. To stay ahead, organizations are innovating at warp speed. The problem is, in most organizations business innovation dramatically outpaces talent innovation. And when your business strategy and talent strategy are out of sync, you can't drive top business performance. By creating talent innovations that accelerate your top business goals and integrating them throughout your entire organization, you will establish talent as a strategic advantage.
Greetings from SIMCON !
Wish you Merry Christmas and Happy New Year !
It gives us immense pleasure to present you December Edition of our monthly newsletter "BEACON".
This issue covers articles on HR consulting (by our SIMSREE student Mr. Avdhoot Patane), IT consulting, book review of 'The Mckinsey Mind', industry related recent news and quiz.
Hope you enjoy reading the newsletter ! Do provide your valuable feedback.
For more updates on consulting industry, keep visiting our FB page.
http://www.facebook.com/SimCon
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How to establish a strong Strategic Workforce Plan
1. How to establish a strong
Strategic Workforce Planning
program
Notes from Talmix’s Live Broadcast: 5 December 2017
www.talmix.com
2. Why are businesses focussing on SWP today?
“The world is getting more and more competitive. Finding profit is
becoming more difficult, and the profit they do find is becoming thinner.
The focus is on growth and staying competitive. The challenge is to
increase your productivity as an organisation. And because “Capital”
now also refers to Human Capital, organisations are focusing on their
people in order to drive productivity. People skills are changing, and
skills are becoming sought-after. So, organisations are looking for
better contribution, and more value from the individuals in the
business, so that they can increase their productivity"
“In the drive to stay competitive, organisations are focusing on
growing their people” – Carl McInerney
3. How does SWP enable business agility?
“Strategic workforce planning is a continuous process. /it’s an iteration.
And completing that iteration, regular review of your business strategy
against your people, then your strategy over the next 3-5 years should
be continually forecasting, and building in more flexibility.”
“Intelligent use of high value alternatives like interims, contract
workers and independent, specialist skill, allows you to bring talent in at
key times when the business is going through high transition”.
4. Where does SWP help to understand turnover, talent matrix and
more?
4
SWP is about leveraging data: Internal & External Data
The data then informs the need for change: That’s when you identify problems,
review the strategic business plan, identify trends, and then ultimately fix and
improve on any areas that need it.
Strategic Workforce Planning is something that is done continuously, and reviewed
continuously. Your organisation is changing all the time, and because of this change, your
workforce planning has to embrace the change and fit into an ongoing organisational culture
and lifecycle.
HR Resource Planning: Short-term
Strategic Workforce Planning: Long-term -> It’s about looking at the long-term changes
within your strategic business planning and ensuring that workforce planning is a key pillar
within that strategy. This may change the types of teams you hire, depending on where your
organisation is in its growth path.
5. SWP should be a key
fundamental pillar within your
overall, long-term business
strategy.
6. Our workforce is evolving. How does SWP enable building
foundations for tomorrow’s leadership?
You’re creating a pipeline for internal and external talent, through Strategic
Workforce Planning. You known the skill you need, and you continue to
monitor your pipeline that develops alongside your business strategy.
Tomorrow’s leaders will need to focus on increasing contribution.
Organisations need to develop routes that help their talent find ways to help
people develop.
Businesses need to encourage their people to get breadth, not depth, in
terms of skill and expertise in order to deliver wider, cross-functionally, and
contribute stronger back into the overall business strategy.
8. How does SWP complement a technically-dominant world?
There needs to be a recognition of the power of soft skills in a very technical world, and the
value they add. There will always be tasks that could be taken in and programmed. Robotics will be
a strong factor in taking things in, programmed and repeated – which is great for productivity.
But
• What about problem-solving and decision-making?
• What about making Thinking visible?
• What about being opportunistic?
• What about thinking beyond the plan?
Where do you start to train people to do these? That comes from real-life experience and working
together.
So, to be able to differentiate and remain competitive, businesses will need to
think about how they develop their people, and that’s where SWP comes in.
9. SWP is not complicated stuff. It
doesn’t need to be.
It’s about creating a framework.
10. Tips to get started: What to keep in mind?
10
Keep it Simple!
Tailor it to you, and your organisation and your culture
Remember that it’s an iterative process: Like any process, there will be
a number of steps to move through, with an output. Be conscious of the
problem that you’re trying to fix, or the situation that you’re trying to
improve.
Remember that it’s about increasing productivity and competitiveness
within your market.
Remember that it’s about aligning your people to your strategy, and
getting the best out of them, and helping them contribute value back
into your business.
11. Final Thoughts
11
Strategic Workforce Planning doesn’t need to be a complicated process. Remember, it’s about the
following:
• Aligning your people strategy, and your changing people strategy, to your business strategy
• It’s about maximising your return on People: Just like any resource within a business, whether
it’s a piece of plant or equipment, you need to invest in it, maintain it. And it’s no different to your
people too.
• The leaders of the future will need to have different skills, attributes and references. They will
need to be people who will maintain the status quo. They will need to be people who enjoy
change, and that’s where skills beyond the technical roles are needed. You may start off with a
highly-skilled, highly-technical person in a particular role, but at some point, they will need to
transition to become a coach or a mentor – being involved in change.
• It’s about getting more out of people and increasing their contribution.
• Finding the right people and helping them transition and grow.
Strategic Workforce Planning is about creating a flexible talent plan