5HR02 Talent management and workforce planning

5HR02 Talent management and workforce planning

One of the crucial components of the CIPD level 5 associate diploma in people management is unit 5hr02 talent management and workforce planning. It has the main emphasis on the development of comprehensive recognition of the way through which people develop attract and retain are talented workforce to meet the goals of the organisation. Talent management deals with multiple processes which include onboarding, recruitment, performance management, succession planning and training. The process alignment demonstrated before with the objectives of organisation strategies, professionals of Human Resources can certify that they possess the appropriate people in the accurate roles at the accurate time.

The planning of the workforce is a crucial element in this unit because it includes the future workforce of the organisation forecasting the requirements and strategies development to meet those requirements. It includes the analysis of recent capabilities of the workforce, identification of the skill gaps and future prediction of the labour trends of the market. The useful planning of the workforce certified that the organisation may respond to the changes in the environment of business. The changes include the advancement or shifting of technology in the demands of consumers. By the changes anticipation, the organisation may proactively find out the potential challenges and opportunities for capitalisation therefore they can maintain a competitive edge.

Talent management integration and workforce planning are significant for generating an agile and resilient organisation. This unit focuses on the significance of the decision-making data driving which encouraged the professionals of HR to utilise metrics and analytics for informing their strategies. With the ongoing adjustment and monitoring the workforce planning and talent management initiatives, the organisation can generate an adaptable and dynamic workforce. Moreover, it fosters a continuous learning and development culture which assists them in retaining top talent and increasing innovation. The entire unit provides the professional factors and knowledge mandatory to bring the success of the organisation so that useful strategies in planning workforce and talent management.

Unit objectives

Here are the unavertable objectives of the unit 5hr02 talent management and workforce planning on which the whole learning and assessment are comprised:

• To equip the professionals of HR with the ability to implement and design strategies of talent management which are aligned with the goals of the organisation and certify the appropriate people in the appropriate roles.
• To make the HR practitioners able to forecast the needs of the workforce, identify the gaps in skills and develop plans to meet the labour market demands of the future usefully.
• To encourage the use of matrix and analytics to inform the workforce and talent management strategies and certify the approaches based on evidence.
• To cultivate an environment which supports continuous retention and employed development, adaptability and innovation within the organisation.

Learning outcomes

Check out the learning outcomes of unit 5hr02 talent management and workforce planning which is designed for the learners.

LO1: Recognise the significant contemporary trends of the market and their importance for the planning of work.

LO2: Recognise the importance and purpose of workforce planning.

LO3: Recognise the influence and purpose of useful talent management.

LO4: Recognise the significance of contractual management arrangement and influential onboarding.

Assessment criteria

The entire assessment criteria of unit 5hr02 talent management and workforce planning are based on the learning outcomes and evaluate your learning such as:

LO1: Recognise the significant contemporary trends of the market and their importance for the planning of work.

• 1.1 Elaborate the way through which organisations position strategically themselves in competitive markets of labour.
• 1.2 Elaborate on the influence of changes in the condition of the labour market on the decisions of resourcing.
• 1.3 Discuss the character of employers, trade unions and government in certifying future requirements of skills.

LO2: Recognise the importance and purpose of workforce planning.

• 2.1 Evaluate the influence of efficient planning on the workforce.
• 2.2 Identify the strategies utilised for supporting the workforce planning process.
• 2.3 Elaborate the contingency planning and succession approaches have aim to maintain risks in the workforce.
• 2.4 Evaluate the weaknesses and strengths of versatile recruitment methods and selection processes to generate an efficient workforce.

LO3: Recognise the influence and purpose of useful talent management.

• 3.1 Identify the retention and turnover factors and trends which influence the reason which makes people select to remain or leave.
• 3.2 Compare the versatile approaches to retain and develop talent on group or individual levels.
• 3.3 Identify the approaches taken by the organisation to support or build versatile pools of talent.
• 3.4 Identify the advantages of diversity in supporting and building pools of talent.
• 3.5 Identify the influence related to the turnover of dysfunctional employees.

LO4: Recognise the significance of contractual management arrangement and influential on boarding.

• 4.1 Evaluate appropriate categories of contractual arrangements relying on particular requirements of the workforce.
• 4.2 Compare the significant categories of contractual terms in the contract.
• 4.3 Elaborate on the benefits and components of efficient onboarding.

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