Human resource planning is a process that identifies an organization's current and future human resource needs to achieve its goals. It involves forecasting future manpower requirements, preparing an inventory of present manpower, anticipating manpower problems, and meeting requirements. The HR department plays a key role through collecting data, ensuring planning is carried out, measuring performance against plans, and conducting research. Objectives include achieving work efficiency, cost minimization, and maintaining required skills levels. Analysis of performance and productivity are important to determine manpower demand. Macro-level planning considers environmental factors while micro-level focuses on issues within an organization's control.
Human Resource Management (UGC NET Commerce & ManagementUmakantAnnand
This Hand Book, Contain, detail and unique materiel of UGC NET Commerce and Management students, all the aspirants can get success by studding this book.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
More Related Content
Similar to Chapter-04 Human Resource Planning.pptx
Human Resource Management (UGC NET Commerce & ManagementUmakantAnnand
This Hand Book, Contain, detail and unique materiel of UGC NET Commerce and Management students, all the aspirants can get success by studding this book.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
2. Agenda
• Defining HRP
• Activities required for HRP
• Responsibilities of the HR department
• Steps for HRP
• Objectives of HRP
• Manpower Demand Forecasting
• Analysis of performance
• Analysis of productivity
• Macro and Micro Human Resource Planning
• Labor Economics
3. Definition of Human Resource
Planning/Manpower Planning
Human resource or manpower is a primary resource without which other resources,
physical and financial, cannot be put into use.
Human resource planning is a process that identifies current and future human
resources needs for an organization to achieve its goals.
Manpower planning, an organization strives to have the right number and the right
kinds of people at the right places at the right time.
4. Activities required for human resource planning
Manpower planning consists of a series of activities, which can be listed as follows:
Forecasting future manpower requirements.
Preparing an inventory of present manpower.
Anticipating problems of manpower.
Meeting manpower requirements.
5. Responsibilities of the HR department
HR department, as an internal agency , plays a crucial role in manpower planning. Its
responsibilities in regard to manpower planning may be summed up as follows:
To put pressure on the operating management to plan and establish objectives.
It has to collect data in total organization terms and to ensure that manpower planning
is carried out.
It has to measure and monitor performance against the plan and provide feedback to
the top management.
It has to carry out research for effective manpower and organizational planning.
6. Steps for HRP/Manpower Planning
Manpower planning should proceed a number of steps. These are-
1. Job Analysis
2. Job Description and Job Specification
3. Developing work rules
4. Application of industrial engineering techniques
5. Other factors(Layout, Statutory Requirements, Shifts , Leave Reserve
7. Objectives of Human Resource Planning
Objectives of manpower planning are to –
Achieve efficiency of work in all spheres of the corporate body,
Ensure cost minimization,
Eliminate all types of wastages including waste of time
Maintain required levels of skills and competency , matching present and future
needs of the organization .
8. Manpower Demand Forecasting
Manpower demand forecasting is influenced primarily by two important factors, i. e.,
volume of output and the level of productivity. Manpower requirement may change
due to change in output volume or mix, which calls for analysis of performance.
Similarly, as the level of productivity alters over time, it also affects manpower
requirements. This calls for analysis of productivity.
9. Analysis of Performance
To derive the manpower demand, it is necessary to estimate the manpower
requirements in relation to the workload. To start with, each unit of manpower
required for different categories of job to accomplish the job in its entirety, are
determined. After such determination the total workload is related with the
manpower units of different categories and then finally the total requirement of
manpower of different categories is determined. Such analysis, therefore,. calls for
analysis of performance either through direct or indirect methods.
Direct analysis is to review past performance to derive a ratio between two variables
(workload and manpower of certain category).
10. Analysis of Productivity
Productivity has two major components, technological change and manpower
utilization. As technological change requires huge capital investment, organizations
look for better manpower utilization to achieve increased productivity. With better
human relations, productivity can be increased. Again rates of productivity
substantially vary the level of performance.
11. Macro and Micro Human Resource Planning
At the aggregative or macro level, HRP is influenced by general environmental
factors like, employment unemployment situation, demographic changes, legal
control and institutional policies, policies on globalization opening of markets, etc.
At organizational micro-level, HRP is more influenced by technology changes,
organizational restructuring, skill and competency gap, strategic objectives, trade
unions pressure, lead time for manpower procurement.
Macro level issues are exogenous, i.e., uncontrollable, while micro level issues are
endogenous and therefore, controllable by an organisation.
12. HRP at Macro Level
Development of human resources is one of the most important objectives of any
country for long term economic growth.
Following are the major issues before our Government to develop human resources
at the national level:
i. Population Planning and Control
ii. Literacy and Education
iii. Health and Medical Care
iv. Housing
13. Macro level Manpower Planning Models
and Technique
Some of the well known models and techniques are
The Manpower Requirement Approach (MRA)
This is the dominant model of manpower planning, (according to Youdi, 1985). The
three major steps in this model are: (a) assessing the demand for manpower (b)
assessing the supply of manpower and (c) balancing the supply and demand.
14. Rate of Return Approach (RRA)
RRA or cost-benefit analysis of human capital is applied to decide the aggregate
investment requirement for different skill development. Cost and earnings of an
individual over his productive life cycle is first computed and then the discounted
value is estimated to assess the rate of return.
15. The MACBETH Model
MACBETH model is a recursive simulation model of the labour market and the
evolution of occupational mismatches. This model is robust to data inconsistencies but
straightforward for quick application.
Labour Market Signaling
Labour market signaling advocates guiding of schooling and training decisions is based
the need for wage and employment trends. Thus, this approach evaluates the functioning
of the labour markets, estimating upward or downward pressure on the economic
returns to investment in specific skills.
16. Labour Economics
Labour Economics studies the demand supply for the important factor of
production, i.e., human beings. Matshall and Smith are the two pioneering
economist who first recognized that the study of market for labour is not possible
without understanding the social relations of production, long-term contractual
agreement, problems of motivation, institutions like unions and internal labour
market, etc.