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Human Resource Planning

Human resource planning is the process by which an organization ensures it has the right number and type of employees with the right skills at the right time to achieve organizational objectives. It involves forecasting future human resource needs, analyzing current workforce capabilities, and determining any gaps between future needs and current capabilities. The process then formulates plans to address gaps through recruitment, redeployment, training, productivity improvements, retention, or redundancy. Effective human resource planning is critical for organizational success by preparing talent for the future and allowing organizations to expand, contract, or cut costs as needed.

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96 views

Human Resource Planning

Human resource planning is the process by which an organization ensures it has the right number and type of employees with the right skills at the right time to achieve organizational objectives. It involves forecasting future human resource needs, analyzing current workforce capabilities, and determining any gaps between future needs and current capabilities. The process then formulates plans to address gaps through recruitment, redeployment, training, productivity improvements, retention, or redundancy. Effective human resource planning is critical for organizational success by preparing talent for the future and allowing organizations to expand, contract, or cut costs as needed.

Uploaded by

amit8615
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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HUMAN

RESOURCE
PLANNING

PRESENTED BY-
PARUL GUPTA
DEFINITION
Human Resource Planning is the process by which an organization
ensures that it has the right number and kind of people, at the
right place, at the right time, capable of effectively and efficiently
completing those tasks that will help the organization achieve its
overall objectives.

-Decenzo and Robbins


IMPORTANCE OF HRP

• Reservoir of talent
• Prepare people for future
• Expand or contract
• Cut costs
• Succession planning
PROCESS OF HRP
Forecasting the demand for Human Resources.
a) External Challenges:
• Economic Development
• Legal, Social and technical Changes
• Competition

b) Organizational decisions

c) Workforce factors

d) Forecasting techniques
• Expert forecasts
• Trend Analysis
• Other Methods
Three steps-
• Workforce Analysis
• Work load Analysis
• Job Analysis
Preparing Manpower inventory (Supply
Forecasting)

a) Internal labour supply


• Staffing Table
• Markov Analysis
• Skills inventory
• Replacement Chart

b) External Labour Supply

Determining Manpower Gaps


Formulating HR Plans

• Recruitment plan
• Redeployment plan
• Redundancy plan
• Training plan
• Productivity plan
• Retention plan
CONCLUSION

Thus, it may be concluded that effective


human resource planning is imperative for
the success of any organization as its lays
the foundation of a sound Human
Resource Management.
THANK YOU

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