1.

Analyze organizational strategy

 Benefits
 Recruitment
 Employee relations
 Retirement

2. Inventory Current Human Resources

 Total team members you employ
 Who works in what department
 Skills of each employee
 Team and individual potential

3. Forecast the future of your workforce

 Expansion
 New product offerings
 A second location
 Labor costs
 Vendor and supplier relations
 Cost of goods sold
 Inventory

4. Estimate Gaps

5. Formulate an Action Plan