BSBHRM513 Managed workforce planning in Australia

Manage workforce
planning
Assessment 1

EXECUTIVE SUMMARY
The report is focusing on various Planning and strategies followed by Woolworth, the
Australian leading supermarket. It has analysed the demand and supply of labour in retail
industry of Australia. Moreover, the report emphasized on strategy and plans of company for
recruiting skilled labours, changes required in firm to modify or retain workers. It states that
trends of labour market in Australia keeps on fluctuating with the environmental changes.
Further, the report focused on Woolworth strategy of aligning workforce which aims at every
possible changes which can impact the organisation performance like, work environment for
employees, friendly relation with staff members. Thus, the report examined the need of staff at
Australian retail store of Woolworth which Murray street.
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
PART A Current Situation of industry............................................................................................1
1. Explain the factors which can affect the supply of labour in industry...............................1
2. Research and explain factors which are currently affecting the demand of labourers.......2
3. Discuss the government initiatives which can affects labour demand and labour supply. 2
PART B Current Situation of organisation......................................................................................3
1. Evaluate and comment upon whether staff diversity meets current organisational
requirements...........................................................................................................................3
2. Discuss whether the current organisational strategy and workforce plans are aligned......3
3. Discuss staff turnover and whether the turnover is acceptable. Also, identify the strategies.
................................................................................................................................................3
4. Assess the strategies to find skilled labour from external sources.....................................4
5. Evolve contingency options to deal with extreme situations in the company....................4
PART B Future Analysis.................................................................................................................5
1. Analyse organisational strategies and explain the changes required for modification......5
2. Asses organisation’s workforce needs for one to two years in the future..........................5
3. Evaluate the companies current workforce capacity to meet predicted demands..............6
4. Analyse the strategies to address gaps or oversupply of future required staff...................6

5. Evolve options for communicating strategies to employees affected by the change.........7
6. Recommendations..............................................................................................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Demand and supply of labour, work as a tonic for industries and organisations, as labour
plays a major role in functioning activities in the firm. This report will evaluate the demand and
supply of workers in supermarket industry. Further, it will emphasis on the current situation of
Australian leading retail and grocery entity-Woolworth. The organisation since 1924 is
holding the top position by expanding its market in new area with new strategies. Moreover, the
report will analyse the strategy and plans of company for recruiting skilled labours, changes
required in firm to modify or retain workers. Hence, it will evaluate demand and supply of
labourers in industry of super market and the leading company of supermarket. The organisation
aims at delivering the best quality grocery products and services to its buyers, The report will be
based on secondary research which will focus on job out of austral which assists the Australian
industry in analysing the labour demand and supply.
TASK 1
PART A Current Situation of industry
1. Explain the factors which can affect the supply of labour in industry.
Demand and supply of labour in Australian retail industry depends on the factors which
are as follows:
Demand
 Demand of the labour in supermarket industry depends on the productivity level of
activities which requires specific type of workers.
 Demands also fluctuates with the advancement of technology.
 Moreover, changes in need of labourers in industry fluctuates, when updated technology
requires new or more skilled labourers.
Supply
 Supply of workers depends on the working condition of supermarket industry like
location, risk etc.
 Further, supply depends on the skills, qualifications, and experience required by the
particular industry.
1