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Workforce planning is the process of analysing the current workforce, forecasting future workforce requirements, and developing strategies to bridge any gaps. It is a core HR activity that ensures a business has the right number of people, with the right skills, in the right locations, at the right time.
Effective workforce planning follows a structured approach:
| Stage | Activity | Key Questions |
|---|---|---|
| 1. Analyse current workforce | Audit existing skills, roles, demographics | What skills do we have? Where are the gaps? |
| 2. Forecast future needs | Predict staffing requirements based on corporate objectives | How many people will we need? What skills? Where? |
| 3. Identify gaps | Compare current provision with future needs | Do we have surplus or deficit? In which areas? |
| 4. Develop strategies | Plan recruitment, training, redeployment or redundancy | How do we close the gaps? |
| 5. Monitor and review | Track progress and adjust plans | Are we on track? What has changed? |
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