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BNE LAW REGISTRATION FORM & TAX INVOICE ABN: 32 330 317 817 Strategic Workforce Planning Preparing for the future (2part series) Presenter: Louise Villanova Please Select Location: Cairns Ridges Esplanade

How to fill out strategic workforce planning

How to fill out strategic workforce planning:

1. Start by assessing your organization's current workforce: Examine the existing roles, skills, and competencies within your organization. Identify any gaps or areas that need improvement.
2. Define your organization's strategic objectives: Determine the goals and direction of your organization. This will help identify the workforce requirements needed to achieve those objectives.
3. Conduct a workforce analysis: Analyze the current and future workforce needs based on the strategic objectives. Consider factors such as demographic changes, technological advancements, and industry trends.
4. Identify critical roles and skills: Determine the key roles and skills required for the success of your organization. This includes analyzing the talent pipeline, succession planning, and identifying any skills gaps that need to be addressed.
5. Create a workforce plan: Develop a detailed plan outlining how to address the identified gaps and meet the organization's future workforce needs. Consider strategies such as recruitment, training and development, talent management, and retention programs.
6. Collaborate with stakeholders: Engage with various stakeholders, including senior leadership, HR departments, line managers, and employees, to ensure a holistic and inclusive workforce planning process.
7. Implement the plan: Execute the workforce plan by putting the identified strategies into action. Monitor progress, make necessary adjustments, and evaluate the effectiveness of the plan regularly.
8. Measure outcomes and impact: Continuously track and measure the outcomes of your workforce planning efforts. Assess whether the strategies implemented have resulted in the desired outcomes and if the organization's objectives are being met.

Who needs strategic workforce planning:

1. Organizations in a period of growth or change: When organizations are experiencing expansion, mergers, acquisitions, or other significant changes, strategic workforce planning becomes crucial. It helps ensure the organization has the right talent, skills, and competencies to support its growth or navigate the change successfully.
2. Companies in competitive industries: In industries where talent competition is high, strategic workforce planning is essential to attract, retain, and develop key personnel. It enables organizations to stay ahead of the competition by identifying and addressing skills gaps and fostering a strong talent pipeline.
3. Businesses experiencing talent shortages or turnover: Strategic workforce planning helps organizations proactively manage talent shortages and high turnover rates. By identifying critical roles and skills, organizations can develop targeted recruitment and retention strategies to address these challenges and maintain business continuity.
4. Organizations adapting to technological advancements: As technology rapidly evolves, organizations need to assess their workforce's technical skills and capabilities. Strategic workforce planning enables organizations to identify skills gaps and develop strategies to upskill or reskill their workforce, ensuring they remain competitive in the digital age.
5. Businesses with a focus on succession planning: Strategic workforce planning plays a vital role in succession planning by identifying future leaders and ensuring a smooth transition of key roles within the organization. It helps organizations groom and develop talent, aligning the workforce with long-term business goals.

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What is strategic workforce planning?

Strategic workforce planning is the process of analyzing and identifying the current and future workforce needs of an organization to ensure it has the right talent in place to achieve its objectives.

Who is required to file strategic workforce planning?

It is typically required for large organizations or government agencies, but any organization can benefit from implementing strategic workforce planning.

How to fill out strategic workforce planning?

Strategic workforce planning can be filled out by conducting a thorough analysis of the current workforce, forecasting future needs, and developing strategies to address any gaps.

What is the purpose of strategic workforce planning?

The purpose of strategic workforce planning is to ensure that an organization has the right people with the right skills in the right place at the right time to achieve its goals.

What information must be reported on strategic workforce planning?

Typically, strategic workforce planning includes data on current workforce demographics, future workforce needs, skills gaps, recruitment strategies, and training plans.