WisdomNet Releases Workforce Planning White Paper

Denver, CO, - WisdomNet, Inc. talent management consultants and solutions provider for companies nationally and internationally, has announced the release of A Compelling Model for Workforce Planning: Making Organizations More Agile. The definitive white paper provides a new approach for workforce planning in organizations.

Taking note of an upward trend in employment statistics, the paper provides a conceptual model for workforce planning to be used across departments of an organization. It is the first of its kind to include workforce planning objectives for organizational leadership and to consider financial measures among its outcomes.

The paper lays the groundwork for the prudent use of assets, based on solid case studies. This is in direct contrast to other theoretical workforce planning efforts often described as a random, reactive utilization of people, time and money.

Overall, the paper taps WisdomNetís unique perspective as expert consultants that aim to provide significant return on investment by analyzing all facets of an organization, including strategic planning, operational considerations and talent management techniques.

Highlights include:

Workforce Planning as Responsive to a Continually Changing Environment

Workforce Planning should not be a once a year activity, notes WisdomNet. While it should mirror the annual business planning cycle, successfully planning is an iterative process of assessing results against goals. The paper provides key inputs and outputs of the workforce planning process and provides a compelling case for action ñ increased corporate returns.

A Six-Step Process to Workforce Planning

WisdomNet suggests that workforce planning is more than the number of offices and cubicles in an organizationís real estate portfolio. Instead, WisdomNet experts lay out a six step plan that aligns talent with strategic goals and assesses results as compared to the overall objectives of the organization.

Beyond Talent Acquisition
When taken as a strategic exercise, workforce plans should consider options other than recruiting and hiring. The paper states specifically:
(1) Buy -- recruit and hire, (2) build -- develop and promote from within, (3) borrow -- contract for talent, (4) Acquire -- strategic corporate acquisitions to obtain talent and (5) trim -- reduce employee count for better returns.

ìA company that succeeds in both people and profits will plan their workforce strategy wisely,î notes Brian Wilkerson, President and CEO of WisdomNet, Inc. ìThe WisdomNet Model provides a shift in thinking, but one that has shown significant results for our clients.î

The 10-page report is available for download at www.wisdomnet.net or by contacting Trudy V.M. Gygi at 303-316-0381 or tgygi@wisdomnet.net

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