Strategic workforce planning requires identification of scenarios
Strategic workforce planning requires identification of scenarios and staffing suppliers that are prepared to help you address each.
On day two of the HRO Today Summit, the keynote speaker was Dr. Peter Cappelli. Dr. Cappelli is the George W. Taylor Professor of Management at The Wharton School and Director of Wharton’s Center for Human Resources in our hometown of Philadelphia. He is also the author of “Talent On Demand: Managing Talent in an Age of Uncertainty.”
Dr. Cappelli’s work focuses on how organizations across the globe handle talent management. He was one of the first to equate talent management techniques to supply chain techniques, and he provides brilliant insight into the practical application of the theories he has developed.
His keynote at the Summit was an excellent discussion of the elements that will make workforce planning significantly more successful. The key? Genuine and well thought out scenario planning to identify the possible “what-ifs” and plan for the most probable.
The result moves an organization away from best-guess estimates of workforce needs required to achieve defined annual goals, and closer to becoming extremely well-prepared to anticipate and address the most likely realities that the organization will face on their way to those objectives.
Enjoy the interview and pay particular attention to what Dr. Cappelli has to say about what you should expect from your workforce partners.