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HUMAN RESOURCE
PLANNING
Human Resource Planning
 The process by which management ensures
that it has the right personnel who are
capable of completing those tasks that help
the organization reach its objectives
 The development of strategies for matching
the size and skills of the workforce to
organizational needs
Advantages of Good HR Planning
 The organization will be in the position to
compete in the market
 Allows to make managements decisions to
support the future direction of the organization
 Will save organization unnecessary costs
 Identifies the strengths & weaknesses of the
firm’s workforce
HR Planning Process
 Analyzing
 Forecasting
 Planning
Implementing
Analyzing
 To analyze the environmental factors that
impact on your firm’s labor demand
 The labor market policy should be factored in
Analyze current trend of the worth of the firm,
if growing or not
 If there is a need to recruit, how good is the
supply, skills required
 Context of demand and supply
Forecasting
 Subject to certain uncertainties and
inaccuracies, which can be minimize through
scientific methods
 Statistical & judgmental methods
 Statistical method needs in-depth research &
history of industry
 Judgemental methods works with the
opinions of operations department
Planning
 Internal Supply considerations
 Turnover Rate (resignation/dismissal)
 Assessment of Internal Labor Supply
 Assessment of External Labor Supply
 Employing Temporary Workers
 Management Successions
Implementation
 Strict implementation of plan
 Evaluation of results
 Success will be gauged on whether the plan
was able to avoid a labor shortage or surplus
THANK YOU

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Human Resource Plannning

  • 2. Human Resource Planning  The process by which management ensures that it has the right personnel who are capable of completing those tasks that help the organization reach its objectives  The development of strategies for matching the size and skills of the workforce to organizational needs
  • 3. Advantages of Good HR Planning  The organization will be in the position to compete in the market  Allows to make managements decisions to support the future direction of the organization  Will save organization unnecessary costs  Identifies the strengths & weaknesses of the firm’s workforce
  • 4. HR Planning Process  Analyzing  Forecasting  Planning Implementing
  • 5. Analyzing  To analyze the environmental factors that impact on your firm’s labor demand  The labor market policy should be factored in Analyze current trend of the worth of the firm, if growing or not  If there is a need to recruit, how good is the supply, skills required  Context of demand and supply
  • 6. Forecasting  Subject to certain uncertainties and inaccuracies, which can be minimize through scientific methods  Statistical & judgmental methods  Statistical method needs in-depth research & history of industry  Judgemental methods works with the opinions of operations department
  • 7. Planning  Internal Supply considerations  Turnover Rate (resignation/dismissal)  Assessment of Internal Labor Supply  Assessment of External Labor Supply  Employing Temporary Workers  Management Successions
  • 8. Implementation  Strict implementation of plan  Evaluation of results  Success will be gauged on whether the plan was able to avoid a labor shortage or surplus