Strategies to address workforce gaps and the broader impact of effective planning
5HR02 – Talent management and workforce planning
This CIPD Level 5 learning video for unit 5HR02 Talent management and workforce planning explores strategies to address workforce gaps and the broader impact of effective planning, directly supporting assessment criteria AC 2.1. The video examines how organisations forecast demand for labour and analyse both internal and external labour supply, before identifying critical gaps between supply and demand. You'll discover practical strategies for addressing these workforce gaps and understand how effective workforce planning creates organisational value. By watching, you'll gain the analytical skills needed to evaluate workforce planning impact and develop evidence-based strategies for your CIPD qualification.
What this video covers
Covering Assessment Criterion 2.1 of 5HR02, this video focuses on the strategies organisations can deploy when a gap exists between the supply and demand of labour, alongside the wider organisational consequences of getting workforce planning right. The video addresses both directions of imbalance: situations where demand exceeds supply and those where supply exceeds demand, treating each as a distinct planning challenge that calls for a different set of responses.
On the demand-exceeds-supply side, the video examines external recruitment, internal development through training programmes, apprenticeships, graduate schemes and career development initiatives, employer branding, flexible working, and alternative resourcing arrangements such as contractors, consultants, agency workers and outsourcing. Each of these is considered not in isolation but in relation to labour market conditions and organisational context. Where supply exceeds demand, the video turns to natural attrition, redeployment, retraining, redundancy, reduced hours and job-sharing, with attention to how each approach affects the workforce beyond those directly involved, including the morale, trust and engagement of remaining employees.
The final section of the video brings forecasting and gap analysis together by examining what mature, strategically integrated workforce planning looks like in practice. It covers the relationship between workforce planning capability and an organisation's ability to execute strategic initiatives, as well as the effects of effective planning on cost efficiency, organisational agility, employee experience, productivity and retention. These topics are treated as interconnected outcomes rather than separate benefits, reflecting the kind of systemic analysis that AC 2.1 requires at Level 5.
Assessment Criteria 2.1
Analyse the impact of effective workforce planning.
Indicative Content
Impact of forecasting demand for labour; forecasting internal and external supply of labour; identifying and analysing gaps between supply and demand of labour; strategies to address the gaps between supply and demand.
What You'll Learn
Video covering: Strategies to address workforce gaps and the broader impact of effective planning
About 5HR02 – Talent management and workforce planning
This unit focuses on the impact of effective workforce planning in considering the development of diverse talent pools and how to contract and onboard the workforce. It also includes analysis of the potential cost to the organisation if this is poorly managed and the tools and interventions required to mitigate this risk.
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