Business has changed—whether it’s permanent or we’ll bounce back to something recognisable as the pre-COVID status quo is anyone’s bet at the moment.
But, as organisations begin to deal with the COVID-19 fallout, one thing is becoming increasingly clear—the impact of coronavirus on how we work will linger for some time to come.
And that’s why your workforce plan is more vital than ever.
In the face of coronavirus, organisations need to rapidly assess their current situation, implement change, adapt, and enable their workforce to work remotely if they’re going to make it through to the other side of this worldwide crisis.
So, how do you manage the impact on your workforce right now? How do you work through disruption and transform how you operate to mitigate future risk? And how do you readjust your existing workforce management strategy to reduce the effect of sweeping crises on your business?
Read on.
According to the Australian HR Institute, strategic workforce planning (or WFP) is “having the right people, in the right place, with the right capabilities at the right time.”
A well-considered, thoughtfully-executed workforce strategy seeks to identify an organisation’s direction and what its people need to get it there. It’s essentially a map that shows you the most efficient route to a more prosperous future.
Predicting the necessary skills, capabilities and competencies required of employees across potential future outcomes gives you a framework for achieving your operational goals and mitigating uncertainty in the face of disruption—and that’s something we all need more of right now.
Put simply, the right workforce strategy puts you ahead of the game by guiding you to make better human resource decisions now and in the future. It can:
The pandemic has renewed focus on people, technology and innovation, and that puts your HR team on the first line when it comes to workforce planning.
But it’s not just a “people issue.” All senior leadership should be involved in developing a workforce strategy.
Once the high-level planning has been done, it’s also essential to get buy-in from employees. Involving a representative in discussions about flexible work practices, workforce management, professional development and training, remuneration, and family-friendly arrangements helps tailor your workplace strategy more efficiently to your employees’ needs.
While the world waits for a vaccine, there’s every chance coronavirus outbreaks may occur wherever people congregate. Readjusting your strategic workforce planning to focus on potential future scenarios and steps towards recovery is crucial to navigating business’ new normal.
Here’s our guide to updating and executing your workforce plan in the time of COVID-19:
If there’s one lesson that 2020 is teaching us, it’s to expect the unexpected. Don’t hesitate. Act immediately to draft a workforce plan that encompasses as many potentialities about what comes next as possible. Doing so is key to future-proofing your business and keeping your people safe to do their best work yet.
Fortunately, planning ahead is something Servcorp can absolutely help with. Our flexible, plug and play Serviced Office solutions means we can have you up and running within 24 hours.
Virtual Office can be set up within a matter of minutes. Speak to your friendly Servcorp manager to see how we can help with your Contingency and Workforce plans.
There you have it, the more effective and productive you are, the more time you spend with family, playing with the dog, video calls with your friends or binging TV shows. Make the most of your day and stay positive. There will be an end to this pandemic, now let’s invest in ourselves and make the most of our time working from home.
Has your office considered a virtual office set up to telework as a team? Working from home could become the new normal for your team during this time. Virtual office services are a smart and cost-effective solution for managing a business' administrative requirements. Let us worry about the details while your team get on with the business of expanding your company without expensive overhead costs.