Resources for employers planning for economic recovery

graphic of the Workforce Optimization Cycle showing the 6 stages: Assess Your Business, Project Labor Demand, Workforce Gap Analysis, Develop Workforce Strategies, Communicate & Implement, Monitor, Evaluate & Adapt

As Minnesota begins its phased approach to reopening under the Stay Safe MN Plan, businesses and employers of all sizes, industries and backgrounds are preparing for a new normal. Whether temporary or longer-term, the economic disruption caused by COVID-19 has led businesses to reconsider their business prospects and workforce needs.

Throughout Minnesota, the economic recovery will depend largely on how well small and mid-size businesses are able to navigate the coming weeks and months. To assist, DEED’s Workforce Strategy Team developed the Workforce Optimization Cycle, a strategic framework to guide businesses who have been forced to make adjustments and are trying to determine their current and future workforce needs. The Workforce Strategy Consultants provide this overview of planning for economic recovery via the Workforce Optimization Cycle

There are six stages to the Workforce Optimization Cycle - we'll update this listing with links to resources for that stage as they are developed:

  1. Assess Your Business
  2. Project Labor Demand
  3. Workforce Gap Analysis
  4. Develop Workforce Strategies
  5. Communicate and Implement
  6. Monitor, Evaluate & Adapt