Is Workforce Planning the Answer to Your Talent Management Woes?
We are in the midst of a massive, global labor shortage and it isn’t predicted to end any time soon. Based on current trends in population, education and labor demand, the McKinsey Global Institute projected that by the year 2020, the labor market will be able to supply only 13% of global demand for workers with college or post-graduate education and only 15% of the developing world’s demand for workers with secondary education. We are also in the middle of a slow, faltering, economic recovery intermingled with a host of international economic challenges in Europe and elsewhere.
What does this mean for business? Chances are you don’t have enough high-potential leaders in your organization. You may have low engagement and lagging productivity, a shortage of talent at all levels, and you probably have lost top talent to other organizations.
What is the solution? It’s the adoption of, and attention given to, strategic workforce planning. With the amount of uncertainty looming over organizations in every part of the world it’s imperative to have the ability to create and maintain a flexible workforce. This is what strategic workforce planning was literally born to do.
At the 2013 HCI Workforce Planning and Analytics conference we will be discussing everything you, as a leader, need to know to get started or to enhance your workforce planning efforts. Key themes include gaining buy-in, including creating a financial argument for Strategic Workforce Planning (SWP) adoption, developing HR into experts capable of running the model, and the right kind of analytics that will create actionable leadership strategies and true insights.
Don’t continue to lose your best talent to other organizations. Stop focusing on one portion of the talent management process that is deemed the most important while ignoring the rest. Forget being told that your current HR staff is incapable of running a Strategic Workforce Planning (SWP) model! Don’t let a perceived lack of technology stand in your way! Attend this event and leave with an outstanding sense of commitment and sensibility that will allow your organization to succeed, no matter what outside forces sling at you.