IGCSE, A Level Business Student Forum

Q2 Define & Explain the concept of workforce planning. [5]

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Possible Structure:
[Def]
[KN]
[AN]

[KN]
[AN]

[DEF]: workforce planning is to forecast the number of employees and their skills that would be needed in order for the business to achieve it's objectives now and in the future
[KN]: HR departments have to calculate the future employment of the business
[AN]: if it is not done properly, it can lead to too few people with the right skills

[KN]: all the new employees must be skilled according to the the ones required by the business
[AN]: hence, there efforts would help increase the business's effectiveness

DEF: Workforce planning is to forecast the number of employees and their skills that would be needed
KN: Done inorder to allign workforce with business objectives, plans and projects
AN: If done so than objectives will be made realistic and achievable

KN: Done inorder to ensure busines is not wasting resources on hiring extra employees
AN: When budget is taken care of business starts acting cost effectively which leads to an increase in profit

[Def] Workforce planning is forecasting the skills and number of workers required by the organisation to achieve its objectives.
[KN] Thinking ahead to meet the future goals of business. [AN] This may be done by carrying out a workforce audit first to identify current existing skills and qualifications and then planning on increasing the range of skills required in the workforce to fill the gaps.
[KN] Ensuring that the organization has the right people. [AN] This means that workforce planning helps to hire the right people for the right job. This may reduce labour turnover and people may not leave if the job they end up in is the one that suits their skill set.

DEF: Workforce planning generates and analyzes information to inform future demand for people and skills.
KN: Succession planning focuses on identifying and developing potential future leaders within the organization.
AN: Continuity in key roles minimizes potential talent shortages' impact.
KN: By considering factors such as changes in customer demands, industry trends, and business growth plans can forecast their future workforce requirements.
AN: Help in determining the types of skills and job roles that will be critical for achieving organizational roles.

[Def]: Sorting out the special employees and assigning them tasks according to their skills.
[KN]: devotion towards task
[AN]: time-saving and product efficiency
[KN]: the workforce helps in hiring the appropriate people.
[AN]: Deterioration in labor turnover.

Kn: workforce planning ensure the workforce aligns with the organization's overall objectives
An : this involves allocating certain tasks to employees which also generates a sense of responsibility

Kn: workforce planning also help determine whether the current employees have the appropriate skills for meeting the business's needs.
An: This allows organizations to identify potential gaps easily and provide lacking training facilities

[Def] Workforce planning is used calculate the future employment needs of the business.
[KN] Workforce planning will help cover the effects of absentism and labour turnover
[AN] More workers will be hired timely so operations arent stopped

[KN] If the business is planning to expand, more employees will be required
[AN] Workforce planning will tell us how many employees to hire

[Def] workforce planning is forecasting the number of workers and the skills that will be required by the organisation to achieve its objectives.
[KN] HR department needs to calculate the future employment needs of the business
[AN] if the HR department fails to do this, there may be too many workers with the wrong skills

[KN] workforce planning also involves checking skills of existing workers
[AN] this will allow the organisation to provide training where needed.

[Def]Workforce planning is used to calculate the future employment needs of the business.
[KN]Workforce planning involves forecasting the future workforce requirements based on the organization's strategic goals and objectives.
[AN]This includes estimating the number of employees needed, as well as the skills and capabilities required to meet future demands.

[KN]Workforce planning often includes succession planning, which involves identifying and developing employees who have the potential to fill key leadership or critical roles within the organization.
[AN]This ensures a smooth transition and continuity in leadership.

[Def]work force planning is used to calculate how many workers are needed in the future
[KN]workforce planning also helps to identify the skills of current working workers
[AN]which can help identify the weak employee and hr department can work on that employee skills

[KN]workforce planning tells us how much and when a business needs to hire more people
[AN]which saves the business alot of time

(kn)Forecasting the number of employees and their skills to help the buisness acheive it's objectives.
(An)It helps the managers in managing the whole company more properly.
(Kn)It helps for managers to identify which task to be given to specific employees.
(An)Therefore it also helps to save time.

[Def]Establishing the workforce required by the business in the future; It involves number and skills of
employees required.
[KN]workforce planning will help to hire right number of employees.
[AN]This will reduce the disruption in workflow and increase productivity.

[KN]It will identify the skills required in the organization.
[AN]This will reduce the chances of hiring misfits.