Describe the importance of workforce planning for an organisation. - Scottish Highers Business Management - Question d - 2022
Question d
Describe the importance of workforce planning for an organisation.
Worked Solution & Example Answer:Describe the importance of workforce planning for an organisation. - Scottish Highers Business Management - Question d - 2022
Step 1
Will allow the organisation to analyse the labour market
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Answer
Workforce planning enables an organisation to evaluate the current labour market conditions. This analysis helps the organisation understand the availability of skilled staff and foresee any potential shortages.
Step 2
Will help the organisation to see when new staff will be required in the future
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Answer
By assessing the future needs of the organisation, workforce planning allows management to forecast when new hires will be necessary, thereby ensuring the organisation has the required talent ready to meet future demands.
Step 3
The organisation will be able to identify any training needs
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Answer
Through workforce planning, the organisation can identify skill gaps within the current workforce and develop targeted training programs to upskill employees, enhancing overall productivity and efficiency.
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