How to determine what talent is needed.
Determine where your company should be in six months, one year and three years. This will help you to understand what skills you need to develop among your workforce and whether you need to hire new staff with different skills. The government of Western Australia’s workforce planning guide suggests thinking about potential future products and services, markets, partnerships and the stages of your business cycle and what your workforce needs may be, then estimating what will happen to your current workforce – such as retirements and changing needs of staff members. Its workforce skills template provides a useful tool for thinking this through.