Workforce planning is an essential aspect of any organization. It involves analyzing and forecasting the needs of the company in terms of human resources, identifying the skills required, and developing strategies to attract, retain and develop the workforce.
While workforce planning has always been a critical area of focus for companies, the changing nature of work and the emergence of new technologies have brought forth new challenges that organizations must overcome to succeed in today’s world. Here are the six biggest challenges for workforce planning.
Rapid Technological Advancement Changes Skill Needs
The rapid pace of technological advancements has led to significant changes in the workplace. Automation, artificial intelligence and machine learning are revolutionizing the way work is done, making some jobs redundant and creating new roles that require different skills.