Workforce modeling: Difference between revisions

Revision as of 21:42, 22 November 2024

Revision as of 22:40, 22 November 2024

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=== Key Components of Workforce Modeling: ===

# '''Forecasting Workforce Needs''':

#* '''Demand forecasting''': Estimating how many employees and what skills are needed based on future business goals, market conditions, and potential changes in technology or organizational structure.

#* '''Supply forecasting''': Assessing the current workforce’s capabilities, identifying gaps in skills or numbers, and projecting how the workforce will evolve over time, considering factors like retirement, turnover, and promotions.

# '''Skill Gap Analysis''':

#* Identifying the skills that

{{Use mdy dates|date=October 2024}}{{peacock|date=January 2014}}