Aruspex Workforce Planning Insights
This Month in Workforce Planning
Workforce Planning Roundtable - Founded in 2004, the Workforce Planning Roundtable is a free, member based group of workforce planning practitioners, run by and for workforce planning leaders at large organizations, helping one another become better at workforce planning.  We recommend membership to all workforce planners, but if you aren’t a member, or haven’t been attending meetings lately, we thought we’d let you know that 2009 is shaping up to be a huge year for the group.  In addition to a library of articles, summary of workforce planning events and the ability to network with members on the site, the roundtable also features an educational program.  In response to member interest around how WFP efforts have changed given the current economic climate, recent meetings have featured a survey of how leading companies are shifting WFP efforts in response to the slowdown in the economy and a review of publicly available data sources useful in orienting WFP efforts, given budget constraints.  The roundtable committee also recently worked with Towers Perrin to get a better understanding of the needs of the group.  Some of the key findings of the study were:

·        Workforce planning has become more critical in the current business and economic environment (20% say it is significantly more critical and 51% say that it is more critical)

·        Overall, the majority of organizations view their efforts as only moderately effective (63%) or not effective (24%), with a lot of room for improvement. Focus and experience are among the key drivers of greater effectiveness, but more research on this front.

·        Respondents view linking the workforce plan with the business plan as the most critical aspect of workforce planning

·        Organizations define workforce planning related solutions as broad in scope, covering a number of talent concerns, including recruiting, training, succession, restructuring and rewards

Sound like you?  With membership of 70+ organizations and calls on the 3rd Thursday of each month, this is a group workforce planners MUST be involved in!  For more information, visit their website.
 
Read this newsletter online
"Art and science have their meeting point in method." 
- Edward Bulwer-Lytton
 
Strategic Workforce Planning in an Uncertain World.  Workforce reports on how the financial crisis has recast the goals for strategic workforce planning, pushing them well beyond forecasting and talent-gap analysis.  Features Aruspex client Aetna.

Cutting Corners to "Save a Buck" Can Cost Millions Down the Line. Talent Management says that in the wake of sweeping cutbacks, companies must pay close attention to legal issues surrounding their remaining employee relationships.

It would appear that even in the best-case scenario, many workers will jump ship as soon as the job market rebounds – particularly in organisations that suspend good talent management practices during the recession, writes Allan Schweyer

Innovation, early cost-cutting and investment in R&D are three common strategies of companies which emerged strongly from the Great Depression and from which companies can learn today.
 
The Big Problem Facing Talent Managers? The End of the Recession.  Organizations may have struggled through hardships and made tough decisions as a result of the recession, but recent research shows one of the biggest issues talent managers will have to face is the end of the economic downturn.
Workforce Planning Events
Workshops - Our next workforce planning workshop will be taking place in Melbourne September 1-2 and Washington on September 9-10. To find out more about these workshops, and when we are next coming to your city,  visit our website.
Workforce Planning Downloads

A Real World Approach to Planning the Right Workforce for Tomorrow's Organizations Part 2

A Real World Approach to Planning the Right Workforce for Tomorrow's Organizations Part 1

The Gap Between Needing and Doing: A Survey on Why Some Companies Don’t Act on Strategic Workforce Planning Needs, and How Successful Companies Do

Identifying Business Value in Workforce Planning