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Programs for Human Resource Planning Linear programming, e.g.

. to minimize total labour costs within certain constraints Goal programming, e.g. setting multiple goals such as increasing profits by 10% and hiring bilingual salespeople

Computer simulation, e.g. to examine the effects of


various programs to reduce surpluses or shortages

Some Objectives of HRP S - Specific M - Measurable A - Attainable R - Relevant T - Time-bound

Competencies defined
A collection of characteristics (i.e. skills, knowledge and selfconcept, traits, behaviour, motivation, etc.), that enables us to successfully complete a given task.

Skills

Knowledge

Self-concept (Attitude)

HR Planning (How?)

We link firms HRM practices to its strategic business needs identified by the strategic planning process HR Planning can be both short term and long term (three or more years) Identify future needs

Plan for meeting them

Demand Forecasting
Demand forecasting involves predicting the number and types of people the org will need at some future point Statistical approaches org predicts the needed workforce size

based on certain business factors


Statistical approach is used when an org operates in a stable environment (patient load to predict number of nurses needed)explosive growth need more of a judgmental approach

Demand Forecasting Trend analysismost commonly used statistical

method
Demand for future human resources predicted on

past business trends regarding a business factor.


Ratio Analysisprocess of determining future

HR demand by computing exact ratio between the


specific business factor and the numbers needed.

Demand Forecasting
Ratio Analysis
Student-faculty ratio10,000 students and 500 professors 20:1 faculty student ratio. For every 20 students you have one professor. If enrollment increases by 1,000 students we would need to hire an additional 50 faculty Regression Analysissimilar to both trend and ratio analyses in that forecasts are based on the relationship between business factor and workforce size.
This method is more statistically basedregression analysis scatter diagramDiscuss Figure 3-2 page 68

Where are we now?


Where do we want to be? How do we get from here to there? How did we do? Where are we now?

Thank You

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