planning for human resource
Post on 03-Nov-2014
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Planning For Human Resource
HR Planning
• HR Planning is the process of examining an organizations’ future human resource need.
• It involves:– Identifying and acquiring the right number of people with the
proper skills– Motivating them to achieve high performance – Creating interactive links between business objectives and
resource planning activities
Human Resource Planning (HR Planning) is both a process and a set of plans.
It is how organizations assess the future supply of and demand for human resources.
An effective HR plan also provides mechanisms to eliminate any gaps that may exist between supply and demand. Thus, HR planning determines the members and types of employees to be recruited into the organization or phased out of it.
Dynamic by nature, the HR planning process often requires periodic readjustments as labor market conditions change.
Human Resource Planning
Technological forecastsEconomic forecastsMarket forecastsOrganizational planningInvestment planningAnnual operating plans
Technological forecastsEconomic forecastsMarket forecastsOrganizational planningInvestment planningAnnual operating plans
Annual employment requirements
NumbersSkillsOccupational categories
Annual employment requirements
NumbersSkillsOccupational categories
Existing employment inventoryAfter application of expected
loss and attrition rates
Existing employment inventoryAfter application of expected
loss and attrition rates
VariancesVariances EndEnd
If surplusIf surplus If shortageIf shortage
Decisions
Layoff,retirement,
etc.
Decisions
Layoff,retirement,
etc.
Decisions
Overtime,recruitment,
etc.
Decisions
Overtime,recruitment,
etc.
EndEnd EndEnd
Strategic Planning Human Resource Demand Human Resource Supply
Compared
with
If none
ActionDecisions
HRP Process
All effective HR planning shares certain features. It is generally agreed that HR planning involves four distinct phases or stages:
Situation analysis or environmental scanningSituation analysis or environmental scanning
Forecasting demand for human resourcesForecasting demand for human resources
Analysis of the supply of human resourcesAnalysis of the supply of human resources
Development of plans for actionDevelopment of plans for action
The HRP Process
Why is HRP important ?
• Even an imperfect forecast is better than none at all• Anticipating needs – prepare for the future gives you an
edge• Address potential problems – avoid skill deficiencies
What is HRP?
• HRP is a sub-system of total organizational planning.• HRP facilitates the realization of the company’s
objectives for the future by providing the right type and number of personnel
• HRP is also called Manpower planning, Personnel planning or Employment planning
• HRP ensures that the organization has:– Right Number– Right Kind– Right Place– Right Time
Benefits of HRP
• Create reservoir of talent• Prepares people for future• Expand or Contract • Cut Costs• Succession Planning
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