How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?

How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?

For this discussion, you will focus on talent acquisition and walk through a scenario on sourcing, recruitment, and selection in a labor market with talent shortages. You will work with a small group of your classmates to identify talent acquisition strategies and to provide your set of recommendations based upon a collaborative group discussion.

First, review this module’s required resources. In your initial post to the small group discussion, address the following:

• How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?
• From an external sourcing perspective, which HR initiatives and strategies are effective approaches to filling key positions in a labor market with talent shortages?
• From an internal sourcing perspective, which HR initiatives and strategies are effective approaches to filling key positions in a labor market with talent shortages?