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Human Resource Planning

ways to plan human resources

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Sameer D
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13 views2 pages

Human Resource Planning

ways to plan human resources

Uploaded by

Sameer D
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Human Resource Planning

Human Resource Planning (HRP) is a process of determining and ensuring the right
number of people, in right place at right time, capable of executing the assigned task
in effective and efficient manner in an organization. It deals with:

1. Demand and supply of people


2. Cost effectiveness
3. Development and Training
4. Setting Standards

In other words, HRP is the process of analyzing, anticipating the HR requirement and
fulfilling them in accordance with business strategy.

Characteristics of HR Planning:
The characteristics of HRP are as follows:

1. Based on strategic planning: HR planning is always formulated under the


basis of corporate strategy. It has direct line with business strategy. E.g. when a
company wants to expand the business, HRP helps by making available, the
required number of concerned skilled manpower.
2. Estimate demand and supply of manpower: HRP estimates the expected
demand and supply of manpower required and available in and outside the
organization respectively. By the help of Human Resources Information
System (HRIS), HRP continuously monitor the changes in human dimension in
and outside the organization.
3. Focuses on ensuring availability of quality manpower: Business
organization cannot survive until and unless there is dedicated employees.
Thus, HRP not only forecast the demand and supply of workers but also,
ensures the availability of trained, skilled and qualified workforce for
organizational activities.
4. Mechanism for regular monitoring and evaluation: HRP does not work until
and unless there is a proper mechanism for monitoring and evaluation. Thus,
while formulating HRP an inbuilt mechanism with a number of indicators for
monitoring and evaluation will be developed. This help to ensure that HRP is in
right track.
5. Assisting in achieving cost effectiveness: Business organization always tries
to minimize the cost and maximize the profit. So, HRP focuses on utilizing the
HR in most effective and efficient manner, which not only reduces the cost but
also helps in increase and develop the skill and abilities of work force.

Objectives of Human Resource Planning

Compiled By: Sameer


The objective so HRP are as follows:

1. To ensure optimum utilization of human resources currently in employment


2. Assess or forecast future requirement.
3. Cope up with the changing scenario.
4. Keep constantly in touch with business land of the organization.
5. Anticipate redundancies.
6. Provides basis for human resources development.
7. Assist in productivity bargaining.

Importance of HR planning:
The following are the importance of HRP:

1. Helps in implementation of Business strategy: After formulating the business


strategy, it needs to be implemented to get expected result. But, implementation
is only possible, when there is availability of skill and competent workforce to
perform the assigned task. Thus, HRP ensures the availability of right
manpower with competent skill, when and where required.
2. Minimizes future risk and uncertainty: Due to change in environmental
factors, like technology y, government policies, etc organization need to
change its policies and practices. This directly impacts the HR requirement of
an organization. Since, HRP always monitors the changes in environment and
forecasts demand and supply of employees necessary for organizational setting.
It helps to reduce the risk of short coming and unavailability of HR as well as
risk of excess number of unproductive employees in an organization.
3. Helps in identifying organizational strength: HRP collects all the necessary
information related to employee’s education, training, skills, current positions
etc. It helps to know the exact human inventory available in an organization. It
further helps to determine the company’s strength which can be utilized fully to
capitalize the opportunities in an environment.

Compiled By: Sameer

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