Workforce Planning in HR 

Workforce planning is a core strategic function of modern HR, elevating it from an administrative department to a critical business partner. 

Within HR, the practice involves collaborating with business leaders to understand their goals, then using people data to inform how to achieve them through talent. 

HR owns the process of facilitating the analysis, providing the tools and templates, and developing the people strategies (recruiting, development, compensation) to execute the plan. 

Effective workforce planning allows HR to demonstrate its value in concrete financial terms, such as reducing hiring costs, improving productivity, and mitigating the risks of talent shortages.