What is 'Workforce Planning' in Workday designed to do?

Workforce Planning in Workday is specifically designed to align business objectives with workforce needs. This involves analyzing the current workforce, forecasting future workforce requirements, and identifying the skills and roles necessary to achieve the strategic goals of the organization. Through this planning process, organizations can ensure they have the right people in place at the right time, which is essential for operational efficiency and meeting business targets.

This alignment allows organizations to proactively manage talent, ensuring that workforce capabilities match the strategic vision. For example, if a company aims to expand into a new market, effective workforce planning can help identify the need for specific skills or positions to support that expansion.

The other options focus on different aspects of organizational management that, while significant, do not capture the essence of what Workforce Planning is intended to achieve within Workday.