Definition: Workforce Planning is the human resources process for ensuring that an organization has suitable access to talent (potential candidates that have the ability to undertake required activities including decision making) to ensure future business success.
WP considers all potential resources (employment, contracting out, partnerships) as well as the option to change business activities to modify the types of talent required.
The cycle of WP includes filling resource requests, analyzing resource utilization, forecasting capacity, managing and identifying the resources (human) to fill that capacity, and then restarting the cycle.
More on general: Competency Mapping, Diversity Management, Employee Moonlighting, Green Human Resource Management, HRIS, more...
You may also like:
Full-time MBA, Executive MBA, Executive Education, Online MBA.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 30-11-2023 - Privacy | Terms