Workforce Management Planning Techniques: Scenario Planning.
This is a technique originally used by Shell and which helped them predict the first oil price shocks of the 1970s (unfortunately, I don't know anyone who used it successfully to predict the current recession!). Gather a competent team for the brainstorming session. Starbucks, the world’s largest coffee chain, recorded $21.3 billion in sales for 2016, ranking it at 131 on the 2017 Fortune 500. We now need to be working through a range of scenarios that might play out in the coming weeks and months so that we can prepare for them. It is also referred to as scenario analysis and scenario thinking. COVID-19 HR Scenario Planning Right now, we are entering the initial period of the crisis response with respect to COVID-19. February 10, 2020. The original method was that a group of analysts would generate simulation games for policy makers. The company projects that it will reach $35 billion in sales by 2021 by opening 12,000 stores over the next five years, the majority of them in China. Scenario planning as a business tool which is aim to help organizations make right decisions, reduce risk, save time and maximum profit. Contributor: Jackie Wiles. covid-19 Human Resources. Scenario planning, also called scenario thinking or scenario analysis, is a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence. Scenario planning is a widely used strategic planning tool. She advises clients on integrating learning activity with wider commercial issues and the strategic direction of their organisation. A subject expert in talent management, succession planning, workforce planning and recruitment, Ally is currently an HR consultant and trainer for the CIPD and lead tutor for the Level 7 RTM (Resourcing and Talent Management) programme.
Business disruptions like coronavirus mean turmoil for employees and work. Some employees are inherently incapable of behaving in a constructive and professional manner – put simply, a negative attitude is a part of their character.
HR scenario planning ... First however, I'd like to describe the use of scenario planning in business, and HR.
In short, it is a perfect tool for today’s increasingly uncertain and volatile world. Scenario planning process. Starbucks: Serving Up Human Resources Planning Derived from Mission and Strategy. Managing difficult employees is a challenge most in HR will face from time to time, and a negative attitude does nothing for team morale.
Though the aims of organisations who adopt the scenario planning are the same, there are many inherent difficulties for organisations of differing sizes in implementing Scenario Planning for the first time. It is used by organizations as a tool to visualize possible future events and conditions that may affect them and take precautionary measures to control the impact. Focus on the vision of your company and use scenario planning to build a more robust future and vision “within” these alternative scenarios. The new coronavirus puts disaster plans top of mind for all business leaders, none more so than HR.
The course starts with a chapter on the art and craft of scenario planning before turning to the technical capabilities of Excel.
Finally, “Scenario planning is A tool, but not the only tool to help you with your strategic planning. Advanced Workforce management solutions offer the ability to produce accurate and meaningful ‘what-if’ scenarios to help gauge changes in the workload. 10 Questions for an HR Pandemic Plan. 2 CGMA TOOL: SCENARIO PLANNING: PROVIDING INSIGHT FOR IMPACT Scenario planning is a management tool that is designed to allow organizations to evaluate the efficacy of strategies, tactics, and plans under a range of possible future environments. Answer these 10 questions in your HR outbreak management and pandemic plan.
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