Strategy, Finance & Organization
Headcount Management: Fact-Based Resourcing for Business Agility
Headcount modeling lets businesses anticipate and analyze resource demand based on real, measurable drivers of work and can help organizations navigate growth and change.
Overview
For organizations of all sizes, hiring the right number and type of resources can present a significant challenge. In times of uncertainty, rapid growth, or necessary downsizing, making objective and strategic resourcing decisions becomes even harder. Headcount modeling, which lets businesses anticipate and analyze resource demand based on real, measurable drivers of work, can help organizations navigate growth and change by providing fact-based insights into what level or resourcing they need to reach their goals.
Despite the simplicity of headcount management’s basic idea – that measurable, real-life work-to-resource ratios should inform headcount decisions – identifying critical workload determinants, accurately quantifying workloads, and objectively implementing governance practices requires a principled and balanced approach. This paper outlines the benefits and core elements of effective headcount management and shares Applied Value’s experienced approach to building resource models that can meet organizations’ needs.