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Effective Workforce Planning Strategies for Organizational Success

Learn about the key elements of a strategic plan, including vision and mission statements, core business priorities, and critical success factors. Understand how to conduct a SWOT analysis and PEST analysis to identify strengths, weaknesses, opportunities, and threats. Explore the impacts of political, technological, economic, and sociological factors on an organization using Porter's 5 Forces Model and McKinsey 7S Model.

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Effective Workforce Planning Strategies for Organizational Success

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  1. Sample Workforce Planning Processes

  2. DTE Energy APC and WFP Process

  3. Five Elements of a Strategic Plan • Vision Statement • What’s Important • Org Schedule Vision • Mission Statement • Core Business Priority Mission BusinessPlan • What’s Measured • Critical Success Factors • Strategies & Actions • Key Objectives Org Initiatives KPI’s

  4. Example of a Hiring Model

  5. SWOT Analysis Impacts Weaknesses What are my gaps and weaknesses Threats What are the internal and external issues W T O S Strengths What are our strengths Opportunities What can we leverage and improve

  6. PEST Analysis Impacts What are the impacts of these factors? Political Factors P Technological Factors T E Economic Factors S Sociological Factors

  7. Porter’s 5 Forces Model What are the forces impacting an organization? Potential Entrant Competition Suppliers Buyers Substitutes

  8. McKinsey 7S Model How are these elements impacting an organization?

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