Meet Business Outcomes by Evolving to Strategic Workforce Planning | Deloitte

Workforce Planning

Many organizations are evolving from traditional operational workforce planning to strategic workforce planning (SWP). As highlighted in this Deloitte paper, operational workforce planning focuses on current and near-term workforce supply and demand, whereas SWP explores “what if” scenarios, taking into account new strategic initiatives, mergers and acquisitions, organizational design, and location strategy, among others. In other words, strategic …

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Scenario Planning: Strategy, Steps, and Practical Examples | Oracle Netsuite

Workforce Planning

As several organizations conduct layoffs and job cuts, it reinforces the importance of strategic workforce planning and one tool it relies on: scenario planning (SP). SP is a practice that helps organizations envision, describe, and plan for possible but uncertain and alternative futures they may face. These scenarios are informed by factors such as economic growth, …

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Using Scenario Planning to Enable Strategic Workforce Planning | Multiple Resources

Workforce Planning

Strategic workforce planning (SWP) continues to be elusive for many organizations.  While there are various reasons SWP is challenging to implement, one of them is that workforce plans are often developed based on one “scenario”—or what one expects or assumes will happen (e.g., FDA approval of drug X, sales growth of 15%). But as we’ve …

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Two Resources for Driving Strategic Workforce Planning Through Scenario Planning | Xplane and Gartner

Workforce Planning

As organizations prioritize strategic workforce planning (SWP), scenario planning can help improve the effectiveness of their SWP efforts. Scenario planning (SP) helps envision, describe, and plan for possible—but alternative—futures an organization may face. These scenarios are generated by considering factors such as economic growth, labor market conditions, and the introduction of new technologies, to name a few. …

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Using Scenario Planning as Inflation Continues to Rise | Deloitte Reference

Workforce Planning

As inflation persists, workers’ real wages and buying power continue to decline despite wage growth. In the U.S. alone, consumer inflation is up 8.6% in May 2022 compared to May 2021—its highest level since December 1981. And with little signs of this trend slowing down soon, organizations are increasingly concerned about the impact inflation will have …

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Four Views Scenario Planning Worksheet | Xplane

Workforce Planning

Many organizations increasingly recognize the importance of strategic scenario planning (SSP) in light of the pandemic. SSP is a tool that helps organizations envision, describe, and plan for possible–but alternative futures an organization may face. SSP enables firms to prepare for uncertainties, considering such factors as the amount of economic growth, labor market conditions, and …

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Scenario Planning for a Post-COVID-19 World: Be Prepared for the New Normal | IMD

Workforce Planning

As mentioned in several posts over the past few months, scenario planning (SP) is a tool designed to help organizations plan for uncertain futures. And while SP has been used heavily in industries, such as Oil and Gas, whose performance is “vulnerable to major economic, social, political, and environmental shifts,” COVID-19 has made SP a priority for …

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Ignition Guide to Conducting Scenario Planning | Gartner

Workforce Planning

While HR leaders continue to help their organizations manage through the recovery phase of the pandemic while planning for the future, I continue to get requests to share resources on scenario planning (SP). This step-by-step guide by Gartner allows practitioners to use (SP) to develop scenarios, identify the risks and impact of each scenario, and …

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Podcast: Future-Proofing Your Strategy with Scenario Planning | HBR IdeaCast

Podcast | Webinar Workforce Planning

In this 25-minute podcast, Peter Scoblic provides ideas on scenario planning (SP) through lessons from the U.S. Coast Guard. Peter mentioned that too many companies are short-sighted in their strategy-making and don’t adequately plan for different potential futures. Rather than use SP in times of crisis or as a one-off exercise, he argues that firms …

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Workbook: Workforce Strategies for a Post-COVID-19 Recovery | Deloitte

Workforce Planning

As HR practitioners continue to lead their organizations through the recovery phase of the pandemic and beyond, this workbook provides a useful tool for organizing and capturing strategies and tactics. Three phases of the crisis provide the foundation for this editable PDF. 1) Respond – dealing with the present situation and managing continuity, 2) Recover – learning and emerging …

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