IMPROVE AGILITY AND REDUCE COST WITH STRATEGIC WORKFORCE PLANNING

We are all living in uncertain times, rapidly evolving challenges and a heightened need for reinvention in business and also in our personal careers. The need for strategic Workforce planning in 2020 is critical to encourage agility and help navigate your business and employees through every step of the journey, supporting business recovery and success.

Typically, we have seen that organisations that are slow to adapt to change are left behind. The current pandemic crisis has exacerbated the need for continuous and rapid transformation. Taking action to ensure you have the ‘right players in the right position’ for not just now, but also for the future, is critical to ensure a business and its team continue to achieve successful outcomes and sustainable results.

It’s important to create and continually assess short term business plans to promote agility and evolve with changing market trends. Bringing your employees along for this journey and having a strategic workforce plan is a key component of human capital management.

Envision the future of work and who will your clients be tomorrow? How does your team and business capability fit the needs of your clients now and in the future?

Here are some tips to help create an agile approach and focus on strategic workforce planning –

• Identify who your clients will be tomorrow
• Understand the experience, skills and capability of your team and each individual
• Identify skills gaps and inefficiencies
• Reduce labour costs through flexible, mobile work options and redeployment
• Utilise labour market data and analytics to understand supply and demand for specific skills
• Assess how your workforce needs to evolve and what skills and functions are critical for the future
• Develop a succession plan for high performers
• Focus on continuous improvement, development and training
• Create a Growth Mindset and encourage employees to use their strengths to embrace challenges
• Share valuable knowledge across the business and involve all team members
• Encourage employees to use their strengths to embrace and solve challenges
• Promote ‘think tank’ sessions to unlock innovative ideas and trouble shoot
• Gain regular feedback and insights from employees
• Deliver consistent, regular and varied communication style to enhance employee engagement
• Align your employees with the Company’s vision and goals