Human capital planning enables organizations to:
. determine more effectively the type of talents needed to execute institutional
strategy and operational requirements;
. determine more effectively the number of people needed over the term of the
institution’s strategic and operation plan (this requires assessing the capabilities
of the current talent pool and identifying the capacity that will be required in the
future);
. identify talent gaps and priorities more effectively and determine the best
approach for closing the gaps by looking at their relative size; and
. decide more effectively what actions/investments the institution should take to
align its overall strategy and talent management processes with operational
requirements (Brush and Ruse, 2005).