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Siemens: Training and Development as a Strategy for Growth

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SIEMENS: Training and development as a strategy for growth 1.

How does workforce planning enable Siemens to identify its training needs?Answer:Siemens is a one of the largest electrical and electronics engineering companies in the world . Every year it employs 20000 people in UK . In addition, Siemens UK invested a huge amount of money only on research and development, because their business focused on µinnovation¶ . Therefore, for growth of their business, Siemens needs people with first class level of skill,knowledge and capability in engineering, IT, business and other relevant field . Siemens Company¶s strategic planning includes workforce planning, and it is a systematic process for identifying the human capital required to meet company¶s goals and developing thestrategies to meet these requirements . Workforce planning helps an organization to estimate itsfuture workforce requirements and calculate the numbers, nature and sources of potentialemployees who might meet that demand . In other words, it is about getting the right number of people, with the right skills, in the right place and at the right time . Such as workforce, planningenables Siemens to inspection its present staff numbers and the skill it has in place as well asidentify where it has skill gaps needed to meet its business objective . Therefore, workforce planning actually enables Siemens to identify the future and present gap of skill, talent and opportunity, so that Siemens can go training programs . Every workforce planning has a similar kind of model like- y

Environment Scan: Siemens can analyze the new environment where they are going toshift their production plan to another city or place . Such as, they are relocating its main plant in Lincoln to a bigger site outside the main…...

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