Workforce planning is a process that aligns business and HR needs so that organizations have the right people, with the right skills, at the right time – efficiently and successfully. Proper planning minimizes the risks associated with executing business strategy.
Leverage data and HR analytics with greater speed and ease when making business decisions. Human capital analytics from SAP provides data-driven insight across all HR processes and enables strategic and operational workforce planning to address resource gaps that impede success.
Understand operational and strategic human resource gaps to improve headcount planning. Use trends in hiring, turnover, and retirement, and a library of HR strategies and interventions to mitigate risks. Assess the financial implications of workforce planning scenarios by modeling labor composition and costs.
There are two main components of workforce planning: strategic and operational. Strategic workforce planning takes the long view and forecasts critical roles the organization will need in the future. Operational workforce planning looks at the short-term demands of the business, compares them to current talent supply, and determines whether additional resources are needed.