IGCSE, A Level Business Student Forum

Q6 Analyse two reasons why a business do workforce planning. [5]

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Possible Structure:
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

WHAT IS THE DIFFERENCE BETWEEN THIS AND THE OTHER WORKFORCE PLANNING QUESTION?

KN: Workforce planning is to forecast the number of employees
and their skills that would be needed
AN: 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
AN+: Leading to an increase in profit to invest in business expansion or bringing in major changes in business with the dynamic environment.

I need help with this question

[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. [AN+] Based on this audit the business may plan 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. [AN+] 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.

Kn : Accurate Forecasts and information of recruitment
An: An accurate plan means that you are hiring and scheduling the “right” number of employees
An+ this helps business properly manage its budget and ensure high customer services

Kn: workforce planning helps avoid further complications and improve productivity
An: workforce planning gives challenges and tasks to employees it helps create a framework for effective scheduling, forecasting and budgeting in order for businesses to effectively run their operations
An+ hence organizations are able to plan and meet strategic goals, while also improving efficiency.

[KN]: anticipates changes and prepares for the future
[AN]: identifies the growth or decline of the departments
[AN+]: thus, helps the business managers make it efficient in order to boost productivity

[KN]: refines the recruitment process
[AN]: it clarifies the skills and potential requires by the employee for the vacancy post
[AN+]: therefore, the right person is recruited at the right position

[KN]: devotion towards task
[AN]: product efficiency
[AN+]: time-saving
[KN]: the workforce helps in hiring the appropriate people.
[AN]: Deterioration in labor turnover.
[AN+]: Increase in efficiency

[KN]Workforce planning allows a business to align its workforce with its overall strategic goals and objectives.
[AN]By understanding the organization's long-term plans, it can identify the skills, knowledge, and capabilities required to achieve success.
[AN+]This strategic planning ensures that the workforce is prepared to meet the evolving needs of the business, enhancing its competitiveness and adaptability in the market.

[KN]Workforce planning enables businesses to identify current and future talent needs.
[AN]By predicting the demand for certain skills or roles, businesses can strategically recruit, train, and develop employees to fill those gaps.
[AN+]This approach helps in avoiding skill shortages and ensures that the organization has the right people in the right positions.