![]() After identifying potential scenarios (which may be based on internal or external changes), prioritize them based on the impact they would have on your workforce and the level of uncertainty they carry. Assessing the impact that these scenarios might have on a business can help you prepare for such events and determine what impact they might have on your workforce needs. One aspect of workforce planning is scenario planning, which involves imagining future scenarios that may impact your business, such as regulatory changes, new technologies, an uncertain political climate, or a natural disaster. Workforce planning can help determine employee potential, develop staff to move into future roles, address changing business priorities, and resolve gaps in employee skills and competencies. Having the right people in the right roles will help any business run smoothly. ![]() It is a systematic approach to aligning your workforce with the strategic direction of your organization. Strategic planning helps businesses anticipate future needs based on market changes, growth potential, staff retirement, and other changes. Workforce planning allows an organization to reach its goals by training executives to proactively acquire or develop the talent they need, rather than react as issues arise.
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