HR Analysis

Supply analysis

projection of an organization's current talent pool to determine if the workforce mix can meet short- and long-term business goals

workforce analysis

gathering current workforce data and forecasting future needs to align human capital with business goals (1st step of strategic focus)

demand analysis

Forecasts future talent needs based on business expansion, new projects, market conditions

gap analysis

Compares supply against demand to pinpoint critical skill shortages and labor excesses

solution analysis

the final stage that recommends and implements strategies to bridge identified talent and skill gaps

human capital value

the economic value of an employee's knowledge, skills, abilities, and experience applied to drive productivity and business strategy

benchmarking

the process of measuring an organization's internal processes, practices, and results against competitors or peer companies to improve overall performance