Strategic Workforce Management Made Easy
Strategic Workforce Management is defined as "Getting the right number of people with the right competencies in the right jobs at the right time" (Sinclair & IES, 2004).
You might be interested in Strategic Workforce Management if your organization needs to:
- Expand rapidly in a market with little unemployment or you need access to competencies that are not currently available
- Retain high-value specialists or leaders with specific competencies, or you are hiring at a higher cost in a market with scarce resources
- Manage a downsizing programme.
SWM is a key part of the strategic business planning process in what regards people management decisions.