Human resource planning Process of ensuring the right number of qualified people, into the job at right time to deliver the results in an efficient and effective manner.
Objectives of Human resource planning To maintain the required quality and quality of human resources required for a smooth & efficient functioning of the organization (Viken) Forecast the turnover/attrition rates. Plan to meet organizational human resource needs at the time of expansion or diversification To forecast the effects of technological changes on the requirement for human resources, and to provide for the same.
Objectives of Human resource planning To develop the existing human resources to match the human resource requirements of the future. To optimize staffing in the organization To make contingent plans to handle sudden requirements and situations of shortfall To utilize human resources effectively and efficiently To estimate the value of human resources and their contribution to the organization
Human resource planning at different planning levels Corporate-level planning Changing market situation Strategic plans of the organization Technological changes anticipated Intermediate-level planning (SBU Based) Based on corporate level plan Aligned with corporate planning
Human resource planning at different planning levels Operational planning For improving operational efficiency Includes interviews, training and development etc.. Planning short-term activities Focused on day to day activities management Like grievance handling Very important if this fails all corporate plans are likely to fail.
The process of Human resource planning HRP involves planning for long term needs, rather than for temporary replacement needs. Basic steps of HRP Analyzing impact of organizational strategy and objectives Getting Human resource needs from respective departments Forecasting quality and quantity for future Matching requirements (Current and future) Develop action plan – in terms of addition or separation in a planned and phases manner .
Assessing current human resources and making inventory Step 1:- assessment of currently available human resource with job analysis Step 2:- Inventory taking in terms of Knowledge Skill set Qualifications Step 3:- using inventory report for Training and development Career planning Succession planning
Forecasting The strategic plans of the organization from the basis for its human resource plan Change in Technology Planning an expansion Planning a new project What will be financial implications What will be surplus manpower after completion of project etc..