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Human Resource Planning

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Human Resource Planning
HR Planning: * The process for ensuring that the HR requirements of an organization are identified and plans are made for satisfying those requirements. * Planning for the personnel needs of an organization based on internal activities and external environment * How many people? What sort of people?
Definitions:
* HRP determines the human resources required by the organization to achieve its goals. It is “the process of ensuring that the human resource requirements of an organization are identified and plans are made for satisfying those requirements” – Bulla & Scott. * It is the process, “including forecasting, developing and controlling, by which a firm ensures that it has the right number of people and the right kind of people at the right places at the right time doing the work for which they are economically most useful” – E.B.Geisler. * It is a strategy for the acquisition, utilization, improvement and preservation of the human resources of an enterprise. It is the activity of the management to coordinate the requirements for and the availability of different types of employees. This involves ensuring that the firm has enough of the right kind of people at the right time and also adjusting the requirements to the available supply.
Objectives of HR Planning: * To ensure quality and quantity of HR at the right time and the right place * To ensure optimum utilization of human resources * To avoid understaffing and overstaffing
Importance:
* Reservoir of Talent * Expansion/ Contraction * Cutting costs * Succession Planning

MANPOWER PLANNING MAKES FOR DIFFERENT PURPOSES AT DIFFERENT LEVELS:

MACRO-LEVEL NATIONAL

SECTOR – WISE

INDUSTRY - WISE
MICRO- LEVEL

ORGANISATION LEVEL

Organizational Objectives & Policies: * Downsizing / Expansion * Acquisition / Merger / Sell-out * Technology up gradation / Automation * New Markets & New Products * External Vs
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