What are the key workforce gaps to be considered in developing a workforce strategic plan?

In developing a workforce strategic plan, identifying key workforce gaps involves understanding the specific positions that need to be filled and evaluating the internal talent that could potentially fill those gaps. This approach allows an organization to optimize its current human resources by leveraging internal capabilities, ensuring that the right people are in the right roles, and planning effectively for future hiring needs. By assessing current employees' skills and experiences against the requirements of open or anticipated positions, HR can strategically address skills shortages and align workforce capabilities with business goals.

Additionally, while factors such as financial resources for recruitment, market trends, and employee satisfaction are also significant considerations in workforce planning, they are more focused on broader contextual elements rather than directly addressing the immediate gaps in staffing and talent. Thus, the primary focus should be on the roles that need to be filled and the current employees who have the potential to step into those roles, making it a critical aspect of the workforce strategic plan.