To ensure that a company has the right people with the relevant skills in the right places at the right time to carry out its mandate and achieve its strategic goals, it engages in the Workforce Planning Business Process, which entails the analysis, forecasting, and planning of workforce supply and demand, the assessment of gaps, and the determination of target talent management interventions. Understanding the organization's mission and vision for the future is essential for determining the workforce strategy that will most effectively bring those goals to fruition. Analyzing the current workforce and how it is expected to change over time due to attrition and other trends is essential for any supplied analysis.
