Infographic: The 7 Points of Strategic Workforce Planning

Balance sheets traditionally include buildings, machinery, and money but many in HR maintain that human capital must be part of the equation. A recent report from global HR consultant Mercer got the attention of HR blogger China Gorman. “Mercer’s observation that with human capital being the main determinant of success today, it is troubling that so many organizations leave the development of their talent ‘largely to external systems and forces, with resulting gaps in their talent portfolios.’”

Mercer’s seven step virtuous circle on strategic workforce planning includes forecasting future labor markets and identifying critical jobs.

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