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Manpower Planning

What is Manpower Planning?

It’s the process by which the organisation


ensures that it has the right number and
right kinds of people, at the right places,
at the right time, capable of effectively
completing those tasks that will help the
organization achieve its objectives.
What are the objectives of an
organisation

• Deliver value to all its stakeholders* –


•Customers
•Shareholders
•Employees
•Environment

* Stakeholders are individuals or organizations who stand to gain or lose from


the success or failure of a system.
Need – drilling a little further

• Induction of new skill sets


• Respond to the change in organisational design
• Demographic changes
• Government policies – reservation, child labour,
working conditions
• Technology changes – workforce automation
• Pressure from trade unions, politicians, sons of the soil
other power groups
What happens if Manpower Planning
in an organisation is not proper?
What happens if Manpower Planning in
an organisation is not proper?

FI N G
T A F
ER S
UN D
What if you are understaffed?

• Understaffing loses the business


– economies of scale and specialization,
– orders
– customers
– Profits

• Stress within organization

• Possible reason for attrition


What happens if Manpower Planning in
an organisation is not proper?

F IN G
T A F
ER S
O V
What if you are overstaffed ?
– Overstaffing is wasteful and expensive, if sustained
– Overstaffing is costly to eliminate
• because of legislation in respect of redundancy
payments
• consultation
• minimum periods of notice, etc.
– Overstaffing reduces the competitive efficiency of
the business.
– Affects Motivation adversely
– Becomes the reason for attrition of the precious few
Market Realities - kal
Some market realities…..aaj!
Some market realities…..Challenges!

• At the beginning of the year do you know where


your business would be three months down the
line?
• You need people – but where are they?
• Will the labour market conditions stay the
same?
• …………………………………………………
The Challenge …………..

right number

right time

right kind
Changing scene ………

A peek into the


workings of
Manpower Planning in
ICICI – a “new world
way” of doing things

A stock-keeping unit or SKU is a unique identifier for each distinct product and service that can be
purchased. 
Lets get on with the job………

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