Workforce and Succession planning
Roles and responsibilities can sometimes be unclear within a business. It can cause uncertainty, confusion and conflict within a company, but also makes it difficult to plan for the future.
Workforce and succession planning looks at modelling the current workforce in terms of cost, but also headcount and future growth. It helps companies identify trends within the market and develop a plan accordingly. Effective workforce planning leads to succession planning to not only mitigate the risk of key personnel departures but proactively aid the growth in existing high-performance employees.
Effective and efficient workforce planning is all about “getting the right people, with the right skills, in the right roles, at the right time and at the right cost” to deliver organizational goals and objectives.