Chapter 43Workforce Planning: Connecting Business Strategy to Talent Strategy

Ed Newman, PresidentThe Newman Group, a Futurestep Company

THERE IS NO QUESTION THAT WORKFORCE PLANNING HAS BECOME A HOT TOPIC IN TALENT management. It has garnered attention well beyond the borders of the human resources function, as business leaders and industry analysts grapple with the challenges of changing demographics, a choppy economy, and the globalization of labor markets.

Workforce planning initiatives have also proven to be very challenging for companies to get off the ground. Recent studies have shown that most companies conduct workforce planning in crisis mode and only in response to specific events such as mergers and acquisitions, layoffs, or restructurings. ...

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