Human Resource Management
Summer 2013
Master of Business Administration- MBA Semester 1
MB0043 – Human Resource Management - 4 Credits
(Book ID: B1626) ASSIGNMENT
Q.1 | Define Human resource planning (HRP). Explain the objectives and process of HRP? Human Resource Planning (HRP) can be defined as method of ensuring the right number of qualified people, in the right job at right time to bring the results in an efficient and effective manner.Objectives: * Explain the process of Human Resource Planning * State the need for HRP * List the HR forecasting techniques * List the factors responsible for the success of HR planning Process of Human Resource Planning:The process of Human Resource planning is one of the most critical, difficult and continuing managerial functions which, according to the Tata Electric and Locomotive Company (Now known as Tata Motors), “embraces organization development, Career consists of projecting future manpower requirements and developing manpower plans for the implementation of the projections.’ Objectives of Human Resource Planning: * To maintain the required quantity of Human Resource required for an even and well organized functioning of the organization. * To forecast the turnover/attrition rates. * To plan to meet organizational human resource needs at the time of expansion or diversification. HRP may be rightly regarded as a multi-step Process, including various issues such as: * Deciding goals or objectives. * Estimating future organizational structure and manpower requirements. * Auditing human resources both internally and externally. * Planning job Requirements and job descriptions/person specifications. * Building a plan. HRP therefore is used for determining long term needs, rather than for momentary replacement needs. It has to take into account the career
Master of Business Administration- MBA Semester 1
MB0043 – Human Resource Management - 4 Credits
(Book ID: B1626) ASSIGNMENT
Q.1 | Define Human resource planning (HRP). Explain the objectives and process of HRP? Human Resource Planning (HRP) can be defined as method of ensuring the right number of qualified people, in the right job at right time to bring the results in an efficient and effective manner.Objectives: * Explain the process of Human Resource Planning * State the need for HRP * List the HR forecasting techniques * List the factors responsible for the success of HR planning Process of Human Resource Planning:The process of Human Resource planning is one of the most critical, difficult and continuing managerial functions which, according to the Tata Electric and Locomotive Company (Now known as Tata Motors), “embraces organization development, Career consists of projecting future manpower requirements and developing manpower plans for the implementation of the projections.’ Objectives of Human Resource Planning: * To maintain the required quantity of Human Resource required for an even and well organized functioning of the organization. * To forecast the turnover/attrition rates. * To plan to meet organizational human resource needs at the time of expansion or diversification. HRP may be rightly regarded as a multi-step Process, including various issues such as: * Deciding goals or objectives. * Estimating future organizational structure and manpower requirements. * Auditing human resources both internally and externally. * Planning job Requirements and job descriptions/person specifications. * Building a plan. HRP therefore is used for determining long term needs, rather than for momentary replacement needs. It has to take into account the career