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Workforce Planning Techniques

Published on: • Categories: Business Administration

Workforce Planning Techniques 

Specific techniques bring rigor to the process.

1. Trend Analysis: Extrapolating historical data. 
2. Regression Analysis: Identifying relationships between variables (e.g., linking sales volume to headcount). 
3. Benchmarking: Comparing your metrics to industry standards. 
4. Structured Facilitation: Using workshops to gather expert input from leaders. 
5. Skills Audits: Systematically assessing employee capabilities. 
6. Turnover Risk Modeling: Using data to predict attrition. 
7. Cost-Benefit Analysis: Evaluating the financial value of different talent strategies. 
Applying a mix of these quantitative and qualitative techniques ensures a well-rounded and defensible plan.






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