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Put workforce planning to work

How a strategic workforce plan can improve your bottom line


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Companies across North America are encountering a critical workforce shortage. Dwindling pools of experienced local talent are forcing organizations to search further afield for new sources of skilled employees.

At the same time, changing demographics are affecting the workforce. Growth in the 55 to 64-year-old age group will account for about 70% of the net increase in Canada’s working age population in 2010 — and all of it by 2020*. Given that new hires can take several years to reach high proficiency levels, many organizations are worried about impending shortages of critical talent.

Preparing for talent shortages and juggling diverse, multi-generational workforces requires radical changes in your organization’s workforce philosophy. Put workforce planning to work offers insight into how a dynamic workforce plan can improve your bottom line.

Find out how a strategic approach can help your organization.

 

*“Managing the Workforce Planning Process.” Corporate Leadership Council, August 2004.