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Strategy & PlanningWatson Wyatt provides innovative strategic consulting services that enable clients to maximize the value of their human capital resources. Our approach uses data-driven methodologies to develop human capital strategies that also integrate regulatory requirements and “best practices” with our clients’ mission requirements. Human capital programs must be anchored by a strategic plan that is aligned with the organization’s mission. We work with client teams to create those links and translate strategic objectives into effective, focused initiatives to meet both short-term and longterm human capital needs. Our structured approach to human capital planning integrates information from several valuable sources including best practice information from our globally recognized research activities, rigorous assessment of the challenges and opportunities facing the organization, and the performance objectives of HCAAF and the President’s Management Agenda. Watson Wyatt works in close collaboration with client teams to produce clearly articulated strategic goals and well-defined metrics for assessing progress towards the achievement of each goal. The result is a human capital plan that provides a roadmap for achieving heightened organizational performance in support of the organization’s strategic objectives. Workforce AnalysisEffective human capital planning involves a detailed analysis of employee data to better understand both current and future workforce needs. Watson Wyatt has developed and employs leading-edge tools and techniques to assist clients in collecting and understanding workforce analytics to support planning and decision making. We have conducted significant research on the aging of America’s workforce and the implications for both retirement patterns and recruiting requirements – major issues facing today’s federal executives. Watson Wyatt Strategic Human Capital Planning Process
Watson Wyatt consultants use our proprietary Workforce Query™ tool to help clients streamline the process of analyzing their data. This tool:
Our approach translates detailed human resources data into understandable and actionable information that supports strategic workforce planning decisions.
Given current growth goals and historical rates of retirement and withdrawal, this client will have to hire over 26,000 people in the next 10 years. Succession Planning and Leadership DevelopmentEnsuring the continuous development of leadership talent is another essential dimension of human capital planning. We support succession planning activities with an analytical tool that applies commercial best practices to competency modeling and job analysis. Our Value Driver™ model enables clients to identify and prioritize leadership behaviors that contribute to successful performance within an organization and creates a structured framework for succession planning by:
We use this methodology to help clients focus investment in training and development activities, prepare leaders for future roles in the organization, and refine recruiting priorities. For Further InformationTo put our Government Consulting Services expertise to work for you, please contact the Watson Wyatt Washington, D.C., office. |
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