Tucana People Analytics Podcast

Workforce Planning for Rapid Growth/Downscaling

03.30.2017 - By TucanaPlay

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If this is what your organisation is doing now, what will you need to do in 10 years’ time? If your strategy is to be operating at 50% or 500% of your current size, how can you know what people and skills you will need, and where? Strategic Workforce Planning is in many ways one of the most complex - and also most essential - fields of HR. Having an optimised workforce that is properly positioned and skilled to handle emerging and anticipated business challenges is of immeasurable benefit to the success of a business strategy. And of course, the converse is equally true. It is therefore a massive opportunity to demonstrate a real, practical and commercially-beneficial use for workforce data, which delivers exactly what the CEO needs from HR. One significan challenge in Workforce Planning is for rapid growth or downsizing, since it introduces a lot of unknowns into the equation. How do you anticipate the needs of your organisation when your whole operational structure has transformed entirely? Clearly, one company that has experienced - and continues to experience - such change is Facebook.   In a relatively technical discussion, this week's episode sees Max Blumberg discuss the intricacies of Workforce Planning and its place within the wider People Analytics function of one of the world's most successful enterprises. Workforce Planning for high growth How Facebook structures its People Analytics function The concept of an "optimised workforce" for strategy execution Understanding the concept of 'critical workforce segments' Understanding internal/external talent supply and demand The role of deep statistics and optimisation in People Analytics Top tips for setting up advanced People Analytics

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