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Workforce Planning: Issue, Impact and Effective Strategies

   

Added on  2023-06-13

8 Pages1926 Words399 Views
Academic Research and
Writing

Table of Contents
PART 1............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
What is the issue..........................................................................................................................1
How companies are reacting ......................................................................................................2
CONCLUSION ...............................................................................................................................2
PART 2........................................................................................................................................3
PART 3........................................................................................................................................3
REFERENCES................................................................................................................................6
Books and Journal .....................................................................................................................6

PART 1
INTRODUCTION
In the contemporary business environment there is huge competition and dynamic
changes due to the changing technology, increasing trend of environment sustainability and
much more. For the businesses in modern era to sustain in the market full of competition it is
very important to monitor the external and internal environment in order to regularly evaluate the
issues business is facing (Ward and et. al., 2020). The businesses on very daily basis are
encountering the variety of business issues such as workforce planning, environmental
sustainability adapting new technologies etc. The present report will discuss the issue of
workforce planning and how the different companies react to it in order to resolve the issue.
Workforce planning is considered as the big business issue as ineffective workforce planning can
result into the lack of performance and productivity within the businesses.
What is the issue
Workforce planning is the process of allocating and assigning the talent or the employees
of the companies at the right place under the right position on the basis of their capabilities,
education qualification, skills and other attributes. Due to increase of globalisation in the
business world the organisations are shifting towards the diversified workforce in order to attain
the talent from all across the world. But this diversity of employees has been causing the big
business issue of workforce planning. This is the issue in which organisations are not able to
analyse its workforce and fails in identifying their skills to prepare for the future staffing needs.
Workforce planning issue leads to the gap of skills and human resources between the future and
current business model which also involves the special skills that are required by the possible
futures. Workforce planning is issue with the recruiting and training of the employees in order to
deal with the possible future business objectives (Chen and Flowerdew, 2018). This mostly occur
due to insufficient awareness and knowledge regarding current and future workforce gaps that
may limit the business strategy execution. Also the poor workforce planning lends the business
into the reduced productivity, lower motivation and morale of employees, inadequate skilled
employees, high employees turnover and also the shortfall of talent in the companies. Poor
workforce planning is unable to consider the skills and capabilities of the current staff and also in
this there is lack of forecasting in relation to skills and knowledge employees will need in
1

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