Methods to Forecast Workforce Needs Flashcards
What is Unit Demand?
Unit managers report on the volume of business activity and how many people are needed to carry out that activity.
What are Trend Projections?
Predict future employment needs based on expectations of how particular employment-related factors may change over time
What are Probabilistic Models?
Models that predict future conditions using computer simulations
What is a Workload Analysis?
Determines the output or productivity the organization expects to achieve in the immediate future. Then, employment needs are calculated in reverse.
What is a Ratio Analysis?
Examines historical information about the workforce pertaining to a particular facet of the business.
What is the Delphi Technique ?
Forecasts future job needs by combining the input and expertise of many professionals who never meet but come to a consensus over time.
What is the Nominal Group Technique?
Uses a panel of experts in a structured meeting to solve a problem
