Human resource planning

Vishakha Bhattacharya
What is Human resource planning?
Meaning & Definition
Purpose of Human Resource Planning

 In simple words, HRP is understood as

the process of forecasting an
organization's future demand for, and
supply of, the right type of people in the Right Place
right number.
 After this only the HRM department can
initiate the recruitment and selection
process
 Its called by manpower planning, Right
personal planning or employment People
planning
Right
 Having a good HRP strategy in place can Capability Right Time
mean productivity and profitability for a
company.
 Importance of HRP
 Assessing Future Personnel Needs
To avoid the situations of surplus or deficiency of manpower in future, it is important to plan your manpower in advance. For this purpose a proper forecasting of futures business
needs helps you to ascertain our future manpower needs.
 Coping with Change
HRP enables an enterprise to cope with changes in competitive forces, markets, technology, products and government regulations. Such changes generate changes in job content, skills
demands and number of human resources required.
 Investment Perspective
As a result of change in the mindset of management, investment in human resources is viewed as a better concept in the long run success of the enterprise.
 Expansion and Diversification Plans
During the expansion and diversification drives, more employees at various levels are needed. Through proper HRP, an organization comes to know about the exact requirement of
personnel in future plans.
 Having Highly Talented Manpower
Due to changing business environment, jobs have become more challenging and there is an increasing need for dynamic and ambitious employees to fill the positions.
Objective of HRP

Proper assessment of human resources needs in Effective Utilisation of Human Resource

future

Anticipation of surplus manpower and taking the Analyse Current Workforce

corrective action.

To create a highly talented workforce in the To meet the requirements of the programmes of
organization. expansion, diversification etc.

To forecast Future requirement of HR To link HR Planning with Organizational Planning

Process of HRM
Review Organizational HR Strategic Plans

Assess External and Internal Workforce

External conditions and influences
Internal workforce capabilities and KSAs

Compile HR Planning Forecasts

Demands for human resources
Supply of human resources

Develop HR Staffing Plans and Actions

Employee retention and turnover utilization
Recruiting sources and means
Selection process and actions
Challenges of Human Resource Planning
Basic of Human Resource Planning
THANK YOU