Strategic workforce planning is the process of planning out who you will need in your organization in the future. A company must determine what skills they will need in which departments, and when they will require them. That way, they can plan for the future by upskilling their current workforce or seeking new staff with the required skills.
Strategic workforce planning utilizes data obtained from HR, finance, and other departments. This means that the business can make informed decisions on how they will leverage their people to achieve the organizational goals they have set. These plans must align with the organizational strategy to be successful.