A six-step framework for success
To ensure your senior leaders are clear on what your SWP programme aims to achieve, you need evidence-based actions, backed by data, that clearly articulate your strategic action plan.
Faethm’s six-step framework breaks the SWP process down into discrete steps, providing guidance as to which Faethm platform sections will supply you with the necessary data for that step:
Build the team to implement and deliver the SWP programme, identify your key stakeholders, and prepare an internal communications plan to engage the business. [Download Mobilise playbook]
- ENVIRONMENTAL SCAN
Assess the current state of every role in the workforce, identify critical roles, and complete scenario planning to uncover likely outcomes of key drivers of change.
- SUPPLY AND DEMAND FORECAST
Understand the current supply of talent in your organisation, including trends, and quantify the future demand.
- GAP ANALYSIS
Conduct a gap analysis of supply and demand, calculate potential future oversupply and shortage, identify and prioritise the risks and prepare risk mitigation strategies.
- STRATEGIC DEVELOPMENT (Six B's Model)
Develop your strategy, the action plan to achieve your workforce planning goals. Align each action to the Six B’s model.
Execute the strategy, including project planning and change management.
How Faethm works with you
Faethm has developed a series of six playbooks, aligned to the six-step framework, to guide you through your SWP programme.
Throughout each playbook, you’ll find directions on when to use the Faethm platform for predictive, data-driven insights to inform your planning.
We recommend a step-by-step approach to your SWP programme. As you complete each playbook, your Customer Insights Manager can be contacted to deliver the subsequent playbook.
To use alongside the platform, we've developed two models to enable you to forecast supply and demand and quantify ROI for your initiatives.