Workforce Planning (Leaving Cert Business): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Workforce planning definition
Workforce planning definition
Right number of people with right skills at all times
Nature of effective workforce planning
Nature of effective workforce planning
Proactive rather than reactive
Number of workforce planning steps
Number of workforce planning steps
Four key steps
Workforce planning Step 1
Workforce planning Step 1
Assess future needs - forecast requirements
Workforce planning Step 2
Workforce planning Step 2
Audit present staff resources - skills audit
Workforce planning Step 3
Workforce planning Step 3
Identify additional resources - compare gaps
Workforce planning Step 4
Workforce planning Step 4
Plan for increase/decrease - develop strategies
3 internal workforce planning factors
3 internal workforce planning factors
Corporate, production, financial objectives
3 external workforce planning factors
3 external workforce planning factors
Market demand, labour market, economic conditions
Economic conditions effect on labour
Economic conditions effect on labour
Boom = shortages; Recession = greater supply