KPMG in association with the Corporate Research Forum (CRF), produced a report on Strategic Workforce Planning showing UK businesses are not sufficiently prepared for future workforce challenges.
The report by the Corporate Research Forum in conjunction with KPMG on strategic workforce planning indicates that there is substantial room for improvement in this area by businesses.
UK businesses are not planning for how to manage and deploy human capital, according to a poll conducted by the Corporate Research Forum, the membership network for organisations looking to develop their people strategy and in conjunction with KPMG.
Key highlights include
Poor planning can make it difficult to adapt to changing market conditions, as well as to retain talent in competitive industries. The ability to forecast skills requirements and to pre-empt workforce risks and deploy resources efficiently, will underpin financial success for organisations in future.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.