Workforce Planning Model 

A workforce planning model provides a structured framework to guide the entire process.

While models can vary, most follow a cyclical pattern of key phases. 

A common and effective model includes these stages:

1) Set Strategic Direction: Understand business goals. 

2) Supply Analysis: Audit the current workforce (skills, demographics, performance). 

3) Demand Analysis: Forecast future talent needs. 

4) Gap Analysis: Identify surpluses or deficits in skills and numbers. 

5) Solution Implementation: Develop strategies (recruit, train, redeploy, restructure) to close gaps. 

6) Monitor & Evaluate: Track progress and refine the plan. 

This model ensures a comprehensive and repeatable approach.

Workforce Planning Process 

The workforce planning process is a dynamic cycle that translates business strategy into people action.

It begins with a deep understanding of the organization’s strategic objectives for the next 1-5 years. 

The next step is a thorough analysis of the current workforce—its size, skills, costs, and performance. 

Following this, leaders forecast future workforce requirements based on business goals, industry trends, and potential scenarios. 

Comparing current supply with future demand reveals critical gaps. 

The process then focuses on developing and executing strategies to address these gaps through talent acquisition, development, retention, or restructuring, followed by continuous monitoring and adjustment.