The different business cycles of growth and downsizing always have an impact on the size and composition of the workforce. During these phases, HR is often completely consumed with meeting the immediate and critical demands of the business, with little time available for strategic workforce planning. But once the period of significant change has come and gone, and the business cycle and headcount have stabilized, there is still work to do. For example, what will the workforce look like 5 years down the road after a period of dramatic growth? Will there be opportunities for development and advancement once growth has tapered off? Will there be a risk of losing a large number of employees once they are tenured? Jeff and Paige will demonstrate how you can analyze the composition of your workforce to assess these risks. The session will start with a look at what workforce changes might be expected in a period of fast-paced growth. From there, Paige and Jeff will demonstrate various methods of visualizing data in order to communicate important trends to executives. Finally, the presenters will discuss the most important implications for HR in light of changes to workforce composition.
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