HR Planning: Are You Doing It Right?
5 Critical Steps to streamline Strategic Planning and Workforce Management
HR planning should serve as a link between human resources management and the overall strategic plan of an organization. Aging worker populations in most industrialized countries and growing demands for qualified workers have moved the importance of HR planning up in organizational practice, and this development is likely to increase further in the immediate years ahead. According to Gartner, rapid changes and business transformation initiatives require chief HR officers and HR leaders to invest in workforce planning technologies to optimize their workforce’s composition, cost, and productivity.
The whitepaper explains the technologies that can support those steps, and offers case histories that show how the adoption of planning technology can streamline workforce management with considerable benefits to the organization.
Those five steps are following:
1. Leverage sales/financial planning to establish strategic HR goals;
2. Prepare HR planning;
3. Collect planning data;
4. Establish workflow and consolidation;
5. Integrate HR planning into enterprise financial planning.