Strategic Workforce Planning for Atlassian Corporation Plc
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This report provides a systematic workforce planning based on detailed environment scanning, demand forecasting, labour supply analyzing and balancing the demands and supply to meet the current and future staffing needs of the chosen business organization Atlassian, software company based in Australia.
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Running head: HUMAN RESOURCE MANAGEMENT HUMAN RESOURCE MANAGEMENT Student’s Name University Name Author note
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1HUMAN RESOURCE MANAGEMENT Introduction A strategic workforce planning can help any business organization to build a stable workforce with staffing levels throughout the business organization in each department along with the right skills in the right time and in the right positions. This can enable the business organization to gain more successful results and gain a higher return on investment. This is highly essential for any business organization as it helps the organisation to maintain a competitive position in the market in this highly competitive market environment. The strategic working planning is built by designing a plan or process by which the organization anticipates the current and future hiring needs of the company(April et al. 2013). This planning helps the business organization to meet the needs and their goals. The purpose of this report is to develop a systematic workforce planning based on detailed environment scanning, demand forecasting, labour supply analyzing and balancing the demands and supply to meet the current and future staffing needs of the chosen business organization Atlassian, software company based in Australia. Company background AtlassianCorporationPlcisanAustraliansoftwarecompanywhichdevelops software products for project managers, software developers and for content managers. The company is best known for issue tracking application(Atlassian. 2019). The business organization serves more than 135,000 customers. The headquarters of the company is located in Sydney, Australia. Atlassian Corporation Plc highly believes in the power of teamwork. It is the mission of the company to help unleash the potential and talent of every individual in every team. They are highly customer centric business organization while focusing on the human resource. The human resource management of Atlassian Company
2HUMAN RESOURCE MANAGEMENT implements various strategies for addressing the needs and requirements of the workforce in the business organization(Atlassian. 2019. The business organization is highly diversified and so it the workforce, this imposes various challenges and obstacles to the human resource managers of the business organization. However, the business organization has certain approach in their human resource management policies which are applied by Atlassian Corporation Plc and its teams(Cascio 2015). The human resource managers of the business organization highly focuses on environment scanning and forecasting information about the surplus or shortage of employees in the organization, and determine the balance between the demands and the supply of specific talent and qualified employees. Strategic workforce planning Forecasting or environmental scanning:Atlassian Corporation Plc will be implementing trend and scenario analysis for forecasting and environmental scanning. The scenario analysis or trend analysis is a quantitative technique; this can help the business organization to predict the possible demands for human resource and workforce on the basis of the present situations in the business organization and the changes in the organization(Falletta 2014). The business organization can use the historical staffing data for making future predictions of staff requirementintheorganization.Thiscanhelpthebusinessorganizationtocreatea relationship and maintain a balance between the past and the future staffing needs of the organization by linking the two with the help of performance or financial metric(Hota and Ghosh 2013). The human resource managers must collect demographic information about the workforceandtheskillsandqualificationsrequiredintheorganizationsuchasjob classification, the turnover rates, and education level of the employees and other information of the workforce. This information can be used by the human resource managers to analysis
3HUMAN RESOURCE MANAGEMENT of the supply and demand of the workforce. A gap analysis can be done by the business organization and evaluate the trends of the workforce. Formal forecasting techniques can be used by the business organization such as time series analysis, this can help the business organization to evaluate the issues of the human resource, analyze the ways in which the turnover rates might affect the workplace. The human resource professionals need to interact withtheothermanagersoftheorganization,togetinformationabouttheinternal requirements and identify the strengths and weakness(Mayo 2015). The external environment such as the moves and actions of the competition must be taken into consideration. Analysis of current workforce profile Labour demand forecasting Atlassian Corporation Plc is a large sized business organization with varied job description and specifications. Product and software development are the main job descriptions and specifications. These are the positions where the organization will be needing talent and potential. Atlassian Corporation Plc highly focuses on trends and this might affect the teams. Since the organization is in the middle of fourth industrial revolution, it is highly influenced by multitude of trends and the company is becoming more inundated digitally(Work Life by Atlassian. 2019). Therefore, to comply with the changes, the business organization needs to redesignthemtoadaptthechangesandthriveinthehighlycompetitivebusiness environment. Therefore, the business organization is aiming to focus on the people and their practices as well as the equipments to shape the team work. The organization is aiming to be built around adaptability, agility and speed(Momin and Mishra 2015). It is believed byUlrich et al. (2013), (Reilly and Williams 2016)that the future is automated; it heavily relies on this concept. Therefore, the employees demanded by Atlassian Corporation Plc are individuals who are highly creative and are technically efficient. Since the business organization has been
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4HUMAN RESOURCE MANAGEMENT focusing on innovation and automation, it will be requiring talent to handle the advanced technology and have in-depth understanding of the advanced technology, machine learning and automation. Further, it might seek for individuals who have the ability to manage the projects and have the ability to work on multiple projects. The employees of the business organization will be awarded with reputation, outcomes and sponsorship instead of the existing rewards systems of tenure and experience(Thomas,Smith and Diez 2013). The employees must have the potential to cope with the culture of citizenship, shared services and collective thinking. Labour supply analysis Internal supply of human resources:It is the mission ofAtlassian Corporation Plc to unleash the talent and the potential of every team in the organization. Currently the organization has more than 3000 employees. There are different teams in the organization including data and Analytics, Design, Marketing and sales, Product management and others. It offers internship facilities to the employees(Reilly and Williams 2016). The existing employees are highly diverse and they make unique contribution to the company which drives the success. External labour supply:As per the analysis, it has been identified that the labour market conditions have strengthened in the past years. However, there have been developments in the labour market and major shifts from time to time. Majority of the trends are reasonably good. The changes in the supply of labour in the market and can be measured by the changes in the participation rate that is the proportion of working age population in Australia those who are participating in the labour market by making their labour available, either by actively seeking for job or already having a job. The participation rate has increased strongly in the past years. Moreover, there has been increase in the rate of women labour participation
5HUMAN RESOURCE MANAGEMENT especially between the ages of 25 to 50 years(Noe et al. 2017). The older employees are retiring voluntarily. The trend of early retirement has turned with the participation of both men and women above the age of 50 years are rising at a significant rate. There has been increase in the level of education of the men and women population and this increases the likelihood of labour force. Therefore, Atlassian Corporation Plc has the opportunity to utilize the fuller potential and skills of the existing workforce and the talent of the new workers. Further, immigration has been a major source of addition labour in the market today. There are almost 900,000 skilled people on temporary visas which amount to 7% increase in the labour force(Mishra, Lama and Pal 2016). There has been an improvement in the availability of flexible and skilled workforce responsive to the changes in the labour demand. This has improved the labour market. Balancing the demand and supply The human resource department and the professionals might face minimal problems while balancing the human resource demands and supply.Atlassian Corporation Plc does not require additional labour as it is focusing on digitalization and automation mainly, even though there is a demand for software problem/ web based or online promotion services. It requires only minimum increase in the workforce due to the digitals nature of the products and services offered(Momin and Mishra 2015). However, Atlassian Corporation Plc requires addressing the human resource supply and demand in areas such as extensive team work, various projects and creativity. Therefore, Atlassian Corporation Plc can undertake strategy to ensure flexibility in the organization by hiring highly qualified employees, with an ability to cope up with the changing culture of the organization and on the basis of the human resourceneeds(HotaandGhosh2013).AtlassianCorporationPlccanimplement conventional methods and techniques along with advanced information system to analyze the
6HUMAN RESOURCE MANAGEMENT data of human resource in order to support the decisions of the human resource management. Nonetheless, the business organization must emphasis on certain characteristics of the employees such as driving excellent in the job positions and creativity skills. Action plan and implementation The human resource department of the organization will be identifying the right kind of talent suited for the positions of the organization to meet the future needs and requirements if the business organization. Just in Time recruiting can be implemented by the human resourcedepartment(Noeetal.2017).Uponindentifyingtheneedfortalentinthe organization, the requisition of employees can be generated and the staffing can be done quickly to fill the need of the organization. With the just in time recruitment process the human resource managers can search for the skills and make an immediate impact(Thomas, Smith and Diez 2013). Further, it can source the employees from beyond the geographical boundary with adequate talent and potential to handle multiple projects and be able to cope up with the changing culture and dynamics of the business organization. Monitoring and evaluation It is the responsibility of the human resource department to critically evaluate and monitor the strategies implemented in the workforce planning. It enables the business organization to make effective decisions about the activities. It needs to track the progress by establishing initiatives(Mayo 2015). It needs to ensure that the needs and the requirements of the organization are met and ensure that the initiatives taken produce positive outcomes. It can conduct culture surveys and analyze the human resource data such as exit interview responses and turnover data.
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7HUMAN RESOURCE MANAGEMENT Conclusion Therefore from the above analysis, it has been identified thatAtlassian Corporation Plc has been focusing on digitalization and automation along with the changes in the culture, structure and tasks of the workers. Therefore, there is a demand for employees with an ability to handle multiple projects, extensive team work, creative and analytical skills. They must have an in-depth understanding and knowledge about automation and machine learning. It has been analyzed that there has been increase in the rate of skilled labour and increase in labour participation. It can implement the Just in time approach to balance the gaps between the supply and demand of labour. Further, it is provided an action plan and ways to monitor and evaluate the workforce planning.
8HUMAN RESOURCE MANAGEMENT References April, J., Better, M., Brinkman, C., Kelly, J.P. and Wubbena, T., Optimization Tech Inc, 2013.Strategic workforce planning model. U.S. Patent 8,386,300. Atlassian. 2019.Development and Collaboration Software Company | Atlassian. [online] Available at: https://www.atlassian.com/company [Accessed 15 Sep. 2019] Cascio, W.F., 2015.Managing human resources. McGraw-Hill. Falletta, S., 2014. In search of HR intelligence: evidence-based HR analytics practices in high performing companies.People and Strategy,36(4), p.28. Hota,J.and Ghosh, D., 2013.Workforceanalyticsapproach:Anemergingtrendof workforce management.AIMS International Journal,7(3), pp.167-179. Mayo,A.,2015.Strategicworkforceplanning–avitalbusinessactivity.StrategicHR review,14(5), pp.174-181. Melchor, O.H., 2013. The government workforce of the future: Innovation in strategic workforce planning in OECD countries.OECD Working Papers on Public Governance, (21), p.0_1. Mishra, S.N., Lama, D.R. and Pal, Y., 2016. Human Resource Predictive Analytics (HRPA) for HR management in organizations.International Journal of Scientific & Technology Research,5(5), pp.33-35. Momin,W.Y.M.andMishra,K.,2015.HRanalyticsasastrategicworkforce planning.International Journal of Applied Research,1(4), pp.258-260.
9HUMAN RESOURCE MANAGEMENT Noe,R.A.,Hollenbeck,J.R.,Gerhart,B.andWright,P.M.,2017.Humanresource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education. Reilly, P. and Williams, T., 2016.Strategic HR: Building the capability to deliver. Routledge. Thomas, H., Smith, R.R. and Diez, F., 2013.Human capital and global business strategy. Cambridge University Press. Ulrich, D., Younger, J., Brockbank, W. and Ulrich, M.D., 2013. The state of the HR profession.Human Resource Management,52(3), pp.457-471. Work Life by Atlassian. (2019).This is what the future of work in the enterprise looks like - WorkLifebyAtlassian.[online]Availableat: https://www.atlassian.com/blog/enterprise/future-work-enterprise-looks-like[Accessed15 Sep. 2019].