"To help quantitative forecasting data drive recruitment planning, six Ontario healthcare organizations and one academic partner teamed up to investigate the applicability of an Excel-based forecasting tool, the Workforce Demand Forecaster developed by the Advisory Board Company (the Tool). The Tool is a data collection spreadsheet that stores historical HR data, consolidates multiple quantitative variables that impact future workforce needs (e.g., budgeted full-time equivalent (FTE/headcounts), turnover, transfers etc.), and enables one- to five-year forecasts to inform recruitment strategies." (excerpt from article)