Issues of Workforce Planning in the Retail Industry of UK
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Added on 2023/01/05
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This report discusses the main issues of workforce planning in the retail industry of UK, including time frame, data integrity, and forecasting. It also provides recommendations for organizations to effectively react to these issues.
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Table of Contents INTRODUCTION...........................................................................................................................4 PART 1 REPORT............................................................................................................................4 Main issues of workforce planning........................................................................................4 Organisations are reacting.....................................................................................................5 Conclusion and recommendations..........................................................................................5 PART 2............................................................................................................................................6 Learnings from the module:...................................................................................................6 Importance of learnings:.........................................................................................................6 Application of learnings for future developmental plans:.....................................................7 PART 3............................................................................................................................................7 Performance development plan..............................................................................................7 CONCLUSION................................................................................................................................8 REFERENCE...................................................................................................................................9
INTRODUCTION Workforce planning is the basic process that is related to the process of analysing, forecasting and further planning of the supply and demand of employees in a organizations. There are many different functions that are associated with this function that includes assessment of gaps, determination of the talent management to ensure that there is right individual working in a right position in every organisation. Present report is based on assessment of the issues of workforce planning in context with the retail industry of UK by analysis of the planning of workforce in organisations such as TESCO(Teare and et.al 2017). Based on that there is formation of reflection follow by a performance development plan that can assist in development of lacking areas of academic skills with the specified time duration. PART 1 REPORT Main issues of workforce planning According to views of Peter Louch Vemo, 2014in the present changing talent based economy workforce is one of the most crucial tangible resources with every organisation. Many time organisations are not able to carefully plan this resource. For this there has to be focus on the issues that are commonly faced by retail industry and the way such issues can be responsible. Some of common issues includes the time frame, in Retail industry Management is generally. focusing on quick results but workforce planning is a element that generates effective results in long run. There is issues related to data integrity that is managers in retail segment are not able to review the future plans as they are not getting the proper head count(Alter, 2017). With instance to TESCO there is issues if setting the required level of granularity that is part of workforce planning and job taxonomy. Forecasting is also a identified issues where the traditional methods of forecasting are not able to generate the required results and sometimes nor actionable by the human resource managers in TESCO(Sparkman, 2018). Managers sometimes are also dealing with issues of controlling process in the workforce planning where they are not able to retain the talented workforce in the gradual process of new hiring that results into double cots that is of recruiting new individuals and high cost of labour turnover. Organisations are reacting According to view points of Neelie, 2019there are certain effective steps that have to be undertaken by organisations to ensure successful strategic workforce planning. TESCO is a super
market were there is requirement of large workforce for performing various functions that are part different organizational levels. There can be use of some strategies such as consideration of the long run goals that overall mission & vision statement have to be consider by the human resource department while they are planning to hire talented workforce. There has to be analysis of the present skill gaps so that this isthe main aspect that is considered while planning the recruitment process(Doumic andet.al 2017). There is effective consideration given to the external dynamic changingenvironment so that organisation is able to adapt to the changing situations and according to expectations of future employees. There are timely opportunities of growth that have to be offered to already existing capable employees so that they are able to retain such employees for a longer duration of time period. Lastly there is monitoring of the overall process of recruitment and hiring in the organisation so that there can be focus on the way there are deviations in the set standards and the actually achieved level of performance (Rennie and et.al 2019). Conclusion and recommendations It can be summarized from the above discussed points that there are any different issues that are taking place in the organisation related to the overall process of workforce planning. Organisations have to ensure that there has to be some effectors strategy formulation in order to deal with the negative impact of high employee turnover or high cost associated with recruiting of talented employees. Different strategies can lead towards cost optimization, dealing with all the workforce changes and demographic changes and having a long term recruitment strategy is also one such benefit(Fraher and Brandt, 2019). In context with TESCO this strategy can lead to wide collaboration among different departments that can lead towards proper alignment with the individual objectives. There has to be focus on use of a approach based of long term planning. PART 2 Learnings from the module: From the module my overall basic learnings have been the process of workforce planning and the way it is relate to the present and future success of various business organisations. Workforce planning consist of identification of the present and future personnel needs so that there can be use of mots cost effective methods for the purpose of retaining and recruitment of employees. I developed insights about the importance of continual analysis in organisations for the purpose of
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enhancing the effectiveness of employees and then further implementation of the necessary measures that are required for increasing the learning & development initiatives in order to maintain the efficiency of workforce. I developed the way strategic workforce planning has to be aligned with the overall laid objectives of the organisation along with its associated long term vision. It is part of the strategic workforce planning that s required to be a aspect of success planning. I have able to draw relevant insights about the way workforce planning can result into better efficiency in organisational functioning. Importance of learnings: From the module I developed insights of the way workforce planning can result into providing managers with the strategic basis of different Human resource decisions. From the future prospective when I will be working in the corporate environment such skills are going to assist me in managing the change by addressing all the issues in more strategic manner. The learnings from this module will help me in identification of my organisation needs, necessary skills to meet the needs of employees, way to attracttalentedskilled individuals, retaining these employees and then further focus on succession planning. I have developed knowledge that workforce planning is a aspect that has also lead to development of strong leadership position that is leading to more cooperative support for the staff in the process of strategic planning of workforce. I will be able to focus on the budget process plans and proper funding in order to identify the required competencies for recruitment, development, training and then further placing of employees so that there can be no negative impact of the issues related to workforce planning. Application of learnings for future developmental plans: Allthe learnings from this module will be applied to deal with the challenges that organisation may be facing regarding retaining of talented workforce so that there are measures to ensure that there is low turnover inthe organisation in which I am working as a part of human resource manager. There will be utilisation of certain strategies that can help in enhancing the present level of morale, engagement and satisfaction of employees. The overall strategies of employee retention have to be in alignment with the vision & mission of the organisation. It is going to help in management of lay offs and the way dynamic environment is completely changing.
PART 3 Performance development plan Performance development plan is a identified tool that is used for improving the performance of employees. It is a process that is assisting ,managers and employees to identify the specific areas where there is requirement of enchantment so that there can be measurement of progress according to this plan and evidence of improvement(Yang, Tang and Zhao, 2017). Performance development plan There are three key skills that be to be developed as part of this performance development plan: 1) Key skills: Communication skills: Time period: 4 weeks Activities to be done: Attending of webinars, focussing on classroom individual presentations, learning of new words to enhance the vocabulary. Evidence of achievement: There will be better presentation and language command that will be developed with each presentation. 2) Key skills: Time management skills Time period: 2 weeks Activities to be done: There will be preparation of time table so that specific time is allocated to perform each set of activity. Evidence of achievement: All the tasks and assigned responsibilities will be completed in the specified deadline. There will be no wastage of time and optimum utilisation of available time period.
3) Key skills: Researching skills Evidence of achievement: Better research outcomes and achievement of the laid objectives. Time period: 6 weeks Activities to be done: Using both online available sources that is journal and articles available on authentic sources. Focus on books to understand the view points of different authors on respective prevailing topics.
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CONCLUSION It can be summarized from the above made discussions that workforce planning is a approach that is very crucial to be understood by every individual. It forms the basic to deal with thenegativeimpactofhighemployeeturnover.Furthertheimportanceofperformance development plan is reflected in a way as it leads to improvement in the present skills and identification of the skill gaps.
REFERENCE Books & Journal Alter, S., 2017. Building a strong bench: your leadership development plan is your" secret sauce".Journal of Property Management,82(1), pp.18-23. Doumic andet.al 2017. Toward an integrated workforce planning framework using structured equations.European Journal of Operational Research,262(1), pp.217-230. Fraher,E.andBrandt,B.,2019.Towardasystemwhereworkforceplanningand interprofessional practice and education are designed around patients and populations not professions.Journal of interprofessional care,33(4), pp.389-397. Rennieand et.al 2019. Health workforce planning in Namibia: assessing a pilot workforce survey of pharmacists.International Journal of Pharmacy Practice,27(6), pp.565-574. Sparkman, R., 2018.Strategic Workforce Planning: Developing Optimized Talent Strategies for Future Growth. Kogan Page Publishers. Teare and et.al 2017. A comparison of job descriptions for nurse practitioners working in out‐of‐ hoursprimarycareservices:implicationsforworkforceplanning,patientsand nursing.Journal of Clinical Nursing,26(5-6), pp.707-716. Yang, G., Tang, W. and Zhao, R., 2017. An uncertain workforce planning problem with job satisfaction.International Journal of Machine Learning and Cybernetics,8(5), pp.1681- 1693. Online: Workforce Planning Is Essential to High-Performing Organizations, 2014 [Online], Available through<https://www.shrm.org/resourcesandtools/hr-topics/technology/pages/louch-workforce- planning.aspx>