Workforce planning steps are activities aimed at understanding, preparing for, and influencing the size, composition, and skills of an organization’s workforce. It begins with careful analysis of current and anticipated labor markets to determine the number, type, and skill level of employees needed to carry out a company’s objectives. Once these calculations have been made, actions such as training, recruiting, and succession planning can be implemented. By crafting a specific plan of action in this way, organizations can stay ahead of the curve and better adapt to inevitable changes in their personnel needs.