Human resource experts have identified various common stages for multiple types of workforce planning. While different experts may say there are three, four, or five stages, all seem to agree on the basic planning process: analyze the current supply of employee talent and come up with a prediction of future demand; identify the gap between […]
To turn a long-term goal from a dream into reality, you can make the work less daunting by breaking it down into bite-sized pieces that are relatively easy to finish. You can turn these chunks into short-term goals. While digital tools like workforce management software streamline the scheduling process for short-term goals, careful planning requires […]
Workforce forecasting can bring many benefits to a business, including reducing the risk of staffing shortages, providing an understanding of your current staffing skill set, and streamlining your recruitment strategy based on your forecasted needs. According to the Society for HR Management: “There is now an approach for high-performance organizations to develop and sustain high-quality […]
Having a solid business plan is a crucial step when a company starts out, but many organizations fail to update their plan or develop a new one with each passing year. Lack of planning is one of the reasons 65 percent of businesses fail during their first 10 years, as reported by the U.S. Bureau […]
With more team members working remotely, individual, team, and departmental goal setting is more important than ever. Focusing on goals can make everyone more productive and successful, providing the goals are measurable and aligned with a company’s overall business objectives. One of the biggest challenges for managers is setting common goals for team members who […]