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correct or incorrect? why Statement 3: As part of our HR planning, we conduct a skills gap analysis to identify areas where our workforce lacks

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Statement 3: As part of our HR planning, we conduct a skills gap analysis to identify areas where our workforce lacks essential skills. This analysis guides our training and development programs, ensuring that employees have the skills required to excel in their roles. Lexi Co uses a robust historical data analysis to project future workforce needs accurately, as this is more important than considering external factors like industry trends and economic conditions. We also rely on intuition to make decisions about hiring and staffing. This intuitive approach helps us stay flexible and adaptive to changing business conditions without expensive and complicated data analysis processes

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