Assesses the implication of business opportunities on        our people requirements. Develops plans to meet those requirements. HCP cannot be done outside of the larger business planning process. …To improve our ability to deliver superior business results… ii) By identifying the resources required to execute our business initiatives and build our organizational capabilities; and, ii) developing a plan to obtain those resources Effective Human Capital Planning is dependent upon: - commitment of the senior management team - engagement of all managers in the plan - clarity around business destination - reliable assessment of existing organizational       capabilities, and - relentless follow – through Is a continuous -- Vs calendar -- driven process Is an integral component of the business    planning process The process part of HCP provides discipline The inquiry and analysis provides the value Is the starting point for all development    planning A Business Plan that does not include Human Capital Planning is sub-optimized Human Capital is much more deeply integrated into business    planning than initially thought; it must be a part of business    planning and not an outgrowth. Thinking is the core to Human Capital Planning not the tools Human Capital Planning is not Manpower Planning.  It is    understanding the relationship between people, process and    technology to build critical capabilities required to drive the       business plans There must be a general framework with alignment principles for    consistency where necessary, but the tools for HCP can be       flexible and vary among the different divisions Human Resources has an opportunity to play a critical role in the    business planning process We have a chance to think and act differently about how we    approach our work; be more of a business consultant (evoke    thought) and less of a tool facilitator It is critical to build our own capabilities around HCP then transfer    them to line management Know your business environment so that the Questions you ask    are intelligent and informed.