manpower planning(hrm) final

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HRM

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Presented by:-

Amita Chourasiya

PGM07060474

Introduction to Manpower Planning Steps in Manpower Planning Methods of demand forecasting Methods of supply forecasting

Manpower Planning is a process by which an organization ensures that

the right number of people And right kind of people at the right place at the right time Doing the right things for which they are suited for

the achievement of goals of the organization.

Manpower Planning involves two steps

Demand forecasting Supply forecasting

Bottom Up Technique Delphi Technique Nominal Group Technique Ratio- Analysis Regression Analysis

EXPERT OPINION

In this method, managers estimate future human resource requirements, their experiences and judgment to good effect.

opinions (judgments) of supervisors department, managers, experts, or others knowledgeable about the organization’s future human resource requirements.

This method of forecasting starts at the lowest level and progresses upwards, through various levels of organization, till an aggregate projection for the organization as a whole is ready.

While comparing Present and future needs Market demands Mobility of staff in the department

Objective of Delphi Technique is to predict future requirements in a particular area by integrating judgments and opinions provided independently by many experts.

Disadvantageso Time consumingo Integration problem

Nominal Technique is somewhat related to Delphi technique, except for that in this case the experts sit together in face to face situation to make forecast.

Advantages

1. Each expert is making an independent forecast.

2. All forecast are presented in one place.

3. Take less time.

This method involves comparing the number of employees to a workload index.

The level of activity in each job may vary from department to department in the same organization

Eg.-To produce 100 unit of a product ,if 10 workers are required , the department would require 15 workers to produce 150 units.

Projection of future demand is based on the past

relationship between the work force level and the basic factor on whom the demand is assumed to depend

ex:

demand of doctors in government health program

regression equation:-

D=5+0.1E

EXAMPLE OF CORRELATIONS/PROJECTIONS OF NURSING STAFF IN HOSPI TALSIZE OF HOSPITAL NUMBER OF NURSES

(no. of beds)

200 240300 260400 470500 500600 620700 660800 820900 860

MARKOV ANALYSIS

Mathematical technique Forecasts the availability of internal job

candidates In this analysis, various job classifications can

be predicted from past movements Its use is restricted to very large

organisations.

Markov Analysis for a Retail Company

Once the demand forecasting is made, the planners have to go out and find the kind of work force needed.

The sources of manpower supply may be Internal Supply External Supply

Transfer Promotion

Educational institutes Advertisement Placement agencies telecasting

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