Workforce Planning understanding your value addRuss Moon,MBA

AVP, Strategic Research

Richmond, VA

June 9, 2009

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Workforce Planning

Method to optimize the management of

available talent supply vs. talent demand

Components of workforce planning Talent management

Succession planning

Retirement projections

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Key Considerations

Seek understanding Educate and facilitate appreciation for the value add

Define scope

Develop measurable objectives

Forecasting –not an exact science, start with subset

(line of business or job family)

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Your Value Add

Education on the need and benefits

Scope definition

Collaboration is key

Continuous validation

Simple plan brilliantly executed

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Copyright/classifications:

© 2009 Wells Fargo Bank, N.A. All rights reserved. For public use.