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Human Resources: Strategic Workforce Planning

Human Resources: Strategic Workforce Planning

1h 16mAdvanced2025-06-03

Authors

Wayne Cascio

Wayne Cascio

University of Colorado Professor and Author

Course details

Embark on a comprehensive exploration of strategic workforce planning with this course, where professor, author, and trusted advisor Wayne Cascio shows you how to effectively manage your organization's most valuable asset—its people. Explore essential topics such as environmental scanning, forecasting workforce demand, and managing leadership succession planning. Delve into the complexities of global and local talent management, focusing on pivotal roles that drive strategy and competitive advantage. Learn how to anticipate future workforce needs, determine hiring vs. development priorities, and allocate resources effectively. By leveraging the insights and strategies provided, you position yourself to adapt swiftly to a VUCA world—volatile, uncertain, complex, and ambiguous—ensuring your workforce is poised for success.

Learning objectives
Define the fundamental concepts of strategic workforce planning and identify its key components and benefits.
Explain the impact of external labor market trends and environmental factors on workforce planning decisions.
Utilize best practices and tools, including AI-powered talent inventories, to forecast workforce supply and demand effectively.
Evaluate different leadership succession strategies, identifying potential risks and benefits to ensure smooth transitions.
Design an integrated and adaptable SWP system tailored to organizational needs, incorporating key metrics for execution and evaluation.

Skills covered

HR StrategyHuman ResourcesDeep Dive (X:Y)

Concepts

0. Introduction

  • 01 - How strategic workforce planning (SWP) adds value

1. SWP - Fundamental Concepts

  • 02 - What is SWP
  • 03 - Update your approach to SWP
  • 04 - Key assumptions and elements of a SWP system

2. External Factors - Impacts and Effects

  • 05 - Environmental scanning and identifying pivotal jobs
  • 06 - Understanding labor market trends
  • 07 - Strategies to avoid over-hiring

3. Building Blocks of SWP

  • 08 - Building a talent inventory using AI
  • 09 - Forecasting internal and external workforce supply
  • 10 - Forecasting workforce demand
  • 11 - Integrating supply and demand forecasts
  • 12 - Execution and evaluation of SWP systems

4. Leadership Succession

  • 13 - Ensuring smooth leadership transitions
  • 14 - Choosing your approach to leadership succession
  • 15 - Communicating succession plans

5. Special Topics in SWP

  • 16 - Succession planning in small and family-run businesses
  • 17 - SWP and global talent management systems
  • 18 - Who owns talent development

Conclusion

  • 19 - Essential features of a SWP system
  • 20 - Next steps in SWP

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