Definition

workforce planning

Workforce planning is a set of procedures that an organization can implement to maintain the most efficient employee/management team possible, maximizing profits and ensuring long-term success. Workforce planning falls into two broad categories: operational and strategic.

Operational workforce planning functions on a person-to-person level and streamlines employee-related operations day by day. Examples include:

  • Optimizing work schedules and employee hours
  • Optimizing the distribution of talent among divisions and departments
  • Identifying functional needs and hiring new workers to meet those needs
  • Identifying obsolete functions and reassigning workers as necessary
  • Ensuring the greatest possible overall worker job satisfaction

Strategic workforce planning deals with broad-based issues that evolve over months and years and can encompass all the aspects of an enterprise. Examples include:

  • Forecasting knowledge drain as employees leave the organization
  • Forecasting future talent needs
  • Determining and evaluating likely future sourcing options
  • Implementing an effective workforce analytics strategy

This was last updated in March 2012
Posted by: Margaret Rouse

Email Alerts

Register now to receive SearchFinancialApplications.com-related news, tips and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

More News and Tutorials

Do you have something to add to this definition? Let us know.

Send your comments to techterms@whatis.com