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Human Resource Management
Chapter 2 HUMAN RESOURCE PLANNING
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HUMAN RESOURCE PLANNING
It is the process of getting right number of qualified persons into right job at the right time. The function is meant to support and enable the company to attain its business goals
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Definition According to Edwin B.Geisler, “Manpower planning is the process by which the firm ensures that it has right number of people and then right kind of people, at the right places, at the right time, doing things for which economically most useful”
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OBJECTIVES Forecast Personnel requirements Cope with changes
Use of existing manpower productively Promote employees in a systematic way
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FEATURES OF HR Planning
Well Defined Objectives Determining Personnel Needs Having Manpower Inventory Adjusting Demand and Supply Creating Proper Work Environment Development of Policies Complementary to Organization Planning Dynamic Activity
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Reasons for Increasing Focus on HR Planning
Employment-Unemployment Situation Technological Change Organisational Change Demographic Change Skill Shortages Government Influences Impact of Pressure Groups
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Importance of HR Planning
Reservoir of Talent Prepare people for future Expand or Contract Cut Costs Succession Planning
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Factors Influencing HRP
External Factors: Government Policies Level of Economic Dvpt Business Environment Level of Technology International Factors Internal Factors: Company policies and strategies Human Resource Policies Job Analysis Time Horizons Type & Quality of Information Company’s Production Operational Policy Trade Unions Factors
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HRP Process Environment Organizational Objectives and Policies
HR Supply Forecast HR Demand Forecast HR Programming HR Implementation Control and Evaluation Shortage, Recruitment Selection Surplus reduced Lay off etc.
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Process of HRP 1. Environmental Scanning -- Environmental Factors
-- Technological Changes -- Demographic Changes -- Political & Legislative 2. Organizational Objectives and Policies 3. HR Demand Forecast
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Factors Determining Forecasting Demand
Anticipated Growth of an organization Budget constraints Anticipated turnover in personnel due to Retirement, Death, Transfers, Termination of Service Introduction of New Technology Minority Hiring Goals
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Forecasting Techniques
Managerial judgment Ratio Analysis Trend Analysis Using Computer Mathematical Methods Delphi Technique Workforce analysis Workload analysis Job analysis
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4.HR SUPPLY FORECAST FACTORS DETERMING FORECASTING SUPPLY -- Promotions of Employees within the organization -- Availability of Required Talent in External Labor Market -- Competition of Talent within the Industry -- Population Movement Trends -- Enrolment Trends in Vocational Schools, Colleges and Universities
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SOURCES OF SUPPLY Internal Sources -- Staffing Tables
-- Markov Analysis -- Skill Inventories -- Replacement and Succession Planning External Sources
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Contd., 5. HR Programming 6. HR Plan Implementation Recruitment plan
Redeployment plan Training plan Productivity plan Retention plan 7. Control and Evaluation
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Effective Human Resource Planning
Objectives Top Management Support Employee Skills Inventory Human Resource Information System Coordination
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