Workforce Planning Analysis: Business Impact & Development Plan

This report delves into the multifaceted aspects of workforce planning, examining its positive and negative effects on businesses. It highlights the importance of strategic workforce planning in employee retention, cost reduction, and talent investment. The report also addresses potential pitfalls, such as reduced productivity, ineffective recruitment, and employee turnover, stemming from poor workforce planning. Furthermore, it includes a personal reflection on the module's learning outcomes, emphasizing the significance of understanding workforce planning for future studies and career development. The personal development plan outlines strategies for improving academic skills, such as academic writing and research, to enhance future academic and professional endeavors. Desklib provides access to this document, along with a wide array of academic resources, including past papers and solved assignments, to support students in their learning journey.

Academic research and
writing

Table of Contents
Part 1: Introduction..........................................................................................................................1
Positive effects of workforce planning on businesses.................................................................1
Negative effects of workforce planning on businesses...............................................................2
CONCLUSION ...............................................................................................................................2
Part 2: Reflection.............................................................................................................................3
a) What you have learnt from the module?.................................................................................3
b) Why the learning may be important?......................................................................................3
c) How is the learning going to be of use to you in your future studies and development plans?
.....................................................................................................................................................4
Part 3: Personal Development Plan..................................................................................................5
REFERENCES................................................................................................................................6

Part 1: Introduction
Workforce planning refers to process of examining current workforce, identify the future
workforce requirements, determining gap among present as well as future. It is helpful in
identifying the talent management intervention to assure that company has right people with
right skills (Ahmadian Fard Fini and et. al., 2018). The workforce planning is necessary because
this makes each person from management to employees look to future fort the business and
themselves also. This mainly needs the team leaders and managers to be plan and consider
business related activities. The workforce planning helps company to search as well as keep the
enough staff who have right skills, experience and values to give the high quality care.
Positive effects of workforce planning on businesses
Workforce planning is main part of process related to workforce management that mainly
used to predict number of staff members required. Company benefit from the long range
workforce planning through use models. With the help of strategic workforce planning, company
will have intelligence to be predict skills and staff members needs in future and explain the plan
in order to balance business demand (Bartlett, Johnson and Schneider, 2016). There are some
benefits of workforce planning mention below:
Employee retention- In this, beyond hiring the new talent, workforce planning is helpful
for business in sustaining staff members. Wider analysis of the market trends can assists in
determine positions which will complex to fill if staff member left.
Reduce hiring costs- Getting the detailed overview of head cost of company requires and
level of productivity needs for business to be develop. It will reduce the cost of recruitment and
business operations to run in an effective manner. This will helps in positive manner on
enhancing employees morale, revenue and also productivity level.
Drive allocation of talent investments- The strategic workforce planning will assist in
identify which groups of the staff members provide highest ROI for business. It warrant the more
investment in development and training (Borba and et. al., 2019). Through similar token,this will
be outline which areas require the additional resources to be reach at potential and also
contribute towards business.
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Negative effects of workforce planning on businesses
Workforce planning is about assuring talent required to provide the business objectives.
The advanced workforce planning consists understanding the costs as well as hiring trends for
attaining the set objectives in an effective manner. Poor workforce planning can be lead to the
inadequate skilled staff members, reduce employee motivation and minimized organisational
productivity (Rees and et. al., 2018). There are some negative effects related to workforce
planning on businesses mention below:
Reduced productivity- The poor human resource planning can have negative impact on
the workplace productivity (Dowse and et. al., 2016). The unproductive employees are not
engaged in performing their job responsibilities as well as duties. Lack of motivation and poor
management are forefront of unproductive workplace. In regards to this, human resource is
charged with assuring the managers have training required to meet with employees requirements.
Ineffective recruitment- Human resource department handles hiring practices of
company. This department is works with the managers to identify hiring requirements and
determine skills of the potential job candidates. The poorly and unorganized planning practices
can lead to employment of the unqualified workers.
Employee turnover- The poor resource planning could be lead to enhance employee
turnover rate. The staff members who leave company voluntarily mainly have exit interview with
HR staff. Main motive of this interview is to provide company indication of motivation of
worker to be leave. In context to this,m poorly planned exit interview could fail to give firm with
necessary information concerned to motivation of employee, workforce attitudes and some of the
necessary information to sustain satisfied workforce (Obisi, Samuel and Ilesanmi, 2020).
CONCLUSION
It has been concluded from above mention report that workforce planning consists the
analysis of productive employees of an organization. Workforce is in the capacity under
performing, then the alterations like adding learning management related strategy can be
effectively develop to enhance the productivity. There has been studied about the benefits related
to workforce planning to business for an instance Employee retention, Reduce hiring costs and
Drive allocation of talent investments. These all are helpful in reducing the employee turnover
rate and increasing organizational productivity in an effective manner. Employee turnover,
Ineffective recruitment and Reduced productivity are some of the negative impact of workforce
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planning on business. Finding the effective ways to improving workforce planning is helpful in
enhancing the productivity as well as profitability of business in an effective and significant
manner.
Part 2: Reflection
a) What you have learnt from the module?
I have been pleasant to got an opportunity to execute an analysis over the aspect of
workplace planning, therefore, I have learnt a lot knowledge in relation to the aspect of
workforce planning and the positive and negative impact of workforce planning in the context to
business. In this model I have been taking support of Harvard referencing style throughout the
project as this was helping me in gathering suitable information with the help of authentic
sources. Therefore, the selected article for this particular module is “Your Workforce Is More
Adaptable Than You Think” (https://hbr.org/2019/05/your-workforce-is-more-adaptable-than-
you-think), thus this supportive in providing suitable idea about the aspect of workforce planning
and also states that, workforce planning has positive and negative impact over the performance
of business. However, with the help of this present module I have learn to use the Harvard style
references in appropriate manner and the enhanced ability will helpful for me to attempt my
projects in more liable manner with the suitable assistance of the academic writing.
b) Why the learning may be important?
In this present analysis the study is being executed over the aspect of workforce planning,
thus it is a wide area of study which is imperative for me in exploring my own skills and
recognition in relation to the positive and negative impact of workforce planning. However, the
study is imperative for me in attempting my aim of gaining good academic record in my
university program and I have also attained idea about the workforce planning and how
important it is for a business to attain higher growth and success, therefore, I have also gained
idea about the positive impact over increasing the operations of a business, developing the talent
pool, enhancing the collaboration among the employees, developing productivity and so on. In
addition to this, the the gain idea about the Harvard referencing also aid me to get knowledge
about the negative impact of inappropriate assessment of workforce planning like lower
employee morale, less productivity, low morale, inadequately skilled employees and so on.
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However, the entire project helps me to gain suitable idea about managing the workforce within
business and this helps me to attain good records in the academic records.
c) How is the learning going to be of use to you in your future studies and development plans?
The learning over the aspect of workforce planning is totally based on the business
management and the enhanced idea about the concept of workforce planning and how it
positively and negatively affects the operations of the business will help me in attaining my
future goals in more liable manner. As he study will aid me supporting in planning for a business
as if now I am able to plan for an effective workforce to enhance the working and helps me to
attain my future goals in more appropriate manner. With the help of this this study, I can also
found an effective position within the multinational corporations as within the field of business
management or the human resources managers and showcasing my ability to mange the entire
workforce effectively and also I will be putting my efforts to reduce the challenges of workforce
planning and this will add an effective experience in my professional career to attain growth and
success.
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Part 3: Personal Development Plan
Academic Skill Action Future
Implications
(Identify topics of
learning from module)
Detail how you plan on
improving the skill e.g.
reading more on the topic,
attending a separate training
course etc.
Once the skill has been developed,
how do you hope to use the skill
both in your academic and career
plans.
Academic writing
I have been concentrating over
improving my academic skills
with the help of studying the
modules to use academic
writing and I have been also
putting efforts to get idea
about the Harvard referencing
style as it will be effective in
making an appropriate use of
sources, articles,, journals and
books in a specific study.
The developed academic skills will
help me in attempting my future
goals in more liable manner.
Therefore, the effective academic
knowledge and skills will help me in
gaining a good opportunity in my
future professional level.
Carrying out research
I have also been concerning
over enhancing my research
skills via the help of gaining
suitable idea of using primary
ad secondary research in the
suitable manner. Therefore, I
have also been gaining
suitable ethics like time
management, cost assessment
and so on to execute the
project in appropriate manner.
I will be putting my enhanced
research skills in attempting my
future projects in more appropriate
manner with the guidance of using
the most suitable research tools. I
will be using my ability in
conducting my further study
programs in more suitable manner.
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REFERENCES
Books & Journals
Ahmadian Fard Fini, A. and et. al., 2018. Dynamic programming approach toward optimization
of workforce planning decisions. Journal of Construction Engineering and
Management. 144(2). p.04017113.
Bartlett, K. R., Johnson, K. R. and Schneider, I. E., 2016. Comparing strategic human resource
development approaches for tourism and hospitality workforce planning. Journal of
Human Resources in Hospitality & Tourism. 15(4). pp.440-461.
Borba, B.S. and et. al., 2019. A review on optimization methods for workforce planning in
electrical distribution utilities. Computers & Industrial Engineering. 135. pp.286-298.
Dowse, L. and et. al., 2016. More, better, or different? NDIS workforce planning for people with
intellectual disability and complex support needs. Journal of Intellectual and
Developmental Disability. 41(1). pp.81-84.
Obisi, C., Samuel, R. and Ilesanmi, A., 2020. Influence of Workforce Planning on
Organizational Performance in the Manufacturing Industry of Lagos, Nigeria. Global
Business Review. 21(2). pp.404-417.
Rees, G. H. and et. al., 2018. The promise of complementarity: using the methods of foresight
for health workforce planning. Health services management research. 31(2). pp.97-105.
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