Surname 1

Importance of Human Resource Planning in Management

Student’s Name

Course

Professor’s Name

Institution of Affiliation

City (State)

Date
 Surname 2

Problem statement

Over the years, many organizations have experienced challenges and problems associated

with management of change regardless of size of the business. At any particular moment of

operations, the organization will be subjected to change since it is unavoidable. It is important

for an organization management to effectively adopt an efficient human resource planning that

will assist in managing change since it has numerous importance.

Impact of human resource planning on:

A. Employees. Human resource planning may have a positive or negative impact on the

organization personnel depending on how they observe it or the management executes it.

In most scenario adequate and effective human resource planning ensures that employees

skills and capabilities are adequately utilized to achieve maximum output.

B. Legal. Execution of human resource planning by the management can have a vibrant

aspect on how the company will react to it based on the prevailing stipulated rules and

regulations. In most scenario an organization will be required when planning to follow

the outline rules and regulations in order to avoid legal redress.

C. Financials. Human resource planning has a significant impact on the organizations

finance in terms of cost incurred in recruitment of employees. A well-structured human

resource plan will be cost effective and ensure that the organization doesn’t incur

unnecessary cost associated with recruitment.

D. Competition. Good human resource planning can provide the organization with a

competitive advantage over its competitors. It will assist in minimizing stiff competition

and the organization going out of business. It is essential for the management to adapt an
 Surname 3

effective and efficient human resource planning that won’t impact the organization in a

negative manner.

E. Customers. Proper human resource planning may have a positive impact on the

customers. Clients are the key component in ensuring organization success in terms of

increasing sales margin. Inadequate human resource planning can lead to the organization

losing existing clients and unable to attract new potential clients.

Solution

Contingency planning is appropriate when developing a human resource planning within

the organization (Anderson, 2019). It is important since it is essential in mitigation of risks that

might be associated when implementing human resource planning. The following are the process

involved in contingency planning;

1. Create a contingency planning statement. The statement will provide the necessary

assistance in developing the required guidance authority that is essential in formulation

and execution of the plan.

2. Conduct the organization effect analysis. This kind of analysis assist in identification and

prioritizing information structures and components that is essential in supporting the plan.

3. Developing contingency strategies. It is important to ensure that the contingency strategy

that is formulated is of great assistance in terms of problem solving.

4. Ensuring maintenance of plan. It is essential to ensure that the plan is adequately updated

to the current organizational changes for it to be efficient.

Impact of the solution on:

 Surname 4

A. Employees. contingency planning will ensure that the organization personnel

understand the process of human resource planning in the organization and

comprehend the change that might be associated with it. It will enable personnel

to embrace and respond positively to the management and assist in minimizing

internal conflicts among the employees and also between the personnel and the

management. This will ensure conflict minimization and working towards

achieving the organization objectives.

B. Legal. Contingency planning is very essential for the organization in ensuring that

it pursuing the appropriate measures and precautions towards a specific human

resource planning within the organization. It will certify that the company observe

and adhere to all the essential stipulated rules and regulations during pre and post

execution process. The plan will aid the organization in adhering and selecting the

appropriate legal process when need arise.

C. Financials. Contingency plan will have a significant effect on the organization

finances. In this scenario, it will assist the organization in choosing the

appropriate techniques that will ensure the organization achieves the projected

targeted revenue.

D. Competition: A contingency plan will help the organization thrive in the most

competitive environment possible. It will help the organization prepare for any

change that may affect its operations thus preparing for such a change which will

help it edge past its competitors easily.

E. Customers: A contingency plan will help the organization to deliver high quality

as well as premium priced products to its customers. This way, the organization
 Surname 5

will retain the existing customers who will be loyal to the brand while attracting

new ones due to quality services. Besides, a contingency plan here reduces

switching costs of customers to the company rivals.

Work cited

Anderson, Donald L. Organization development: The process of leading organizational change.

SAGE Publications, Incorporated, 2019.