Professional Documents
Culture Documents
F048 Manpower Planning
F048 Manpower Planning
Its Process
Definition:
HRP 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.
HR Forecasting
Predicting demand for human resources
Determining supply available, internally
and externally
Compare projections to determine gaps
Develop action plans to reconcile gaps
Implement staffing plans
Evaluation
A Model for
Human
Resource
Planning
Demand Forecast
It is the process of estimating the quantity &
quality of people required to meet future
needs of the organization.
Managerial Judgement
Ratio-trend Analysis
Regression Analysis
Work-study Techniques
Delphi Technique
Determining HR Supply
External analysis of workforce
Workforce composition takes into account the
demographic and skill availability composition of
the workforce in the relevant labor market (RLM)
Internal analysis of workforce
Takes into account the likelihood of retirements,
turnover, potential training needs of current
employees, and future staffing requirements
HR Supply Forecast
Skill Inventories
Management Inventories
Replacement Charts
Markov Analysis
Turn over Rate
Succession Planning is
More sophisticated than a replacement
chart, and includes
Surplus?
Shortage?
HR Plan Implementation
EVALUATION