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You probably have a hiring plan. But do you conduct strategic workforce planning?
Many companies discuss staffing when it’s time to establish annual goals and set a budget. Perhaps the desire to increase profits in the upcoming year demands headcount adjustments, and so plans are made to grow or reduce staff, contractors or consultants.
But this staffing practice is shortsighted for two main reasons:
The focus is usually short-term (one year or less). It doesn’t take into consideration outside and internal factors that may impact that narrow-focused approach.
That’s where strategic workforce planning comes in. Staffing plans