Workforce Planning and Strategy
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Workforce planning and strategy aim to address organizational requirements by identifying workforce characteristics. It involves talent forecasting, skill gap analysis, succession planning, recruitment techniques, resource allocation, and employee retention strategies. Challenges include accuracy in talent forecasting, effective resource allocation, and conflicting needs for talent retention and high turnover. Balancing strategy, forecasting, and workforce management ensures a company prepares for business growth while maintaining efficiency.
Strategic workforce planning focuses on business integration so that the company is ready to scale operations. Yemnak assists businesses in the GCC in formulating a workforce strategy that aligns with their specific business requirements.
1. Workforce analysis: This process involves analyzing current resources and competencies to identify future gaps.
2. Succession planning involves preparing strategic key position relocation plans to ensure role continuity and facilitate information exchange.
3. Talent pipeline development—forecasting the future workforce shortage by strategically placing people in desired positions.
4. Forecasting & Planning: This involves forecasting the growth of the business and planning the workforce requirements accordingly to prevent a shortage of human resources.
Yemnak’s workforce planning allows time for businesses to plan for growth, as the right people are on board to meet future requirements.
GROW, TRANSFORM, AND SUCCEED
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