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Uncertainty can interfere with efficient operations, so organizations typically attempt to reduce its impact; formal planning is one common tactic used by organizations to buffer themselves from environmental uncertainty. The changing characteristics of the work force, which is but one important environmental factor, make the need for planning evident. Between 1976 and 1980, the labor force grew an average of 2.8%, but between 1991 and 1995, the rate of growth will drop to 1.1 %. Comparatively, the proportion of younger people (aged 16 to 24) and older people (aged 55 and over) in the work force will decline...
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