Human resource handle administrative functions in an organisation and Human resource planning expand strategies for relating the skills and size of manpower to enterprise needs. In simple words the planning system makes recruitment, gives training and restructures the staff requirement to meet the organisational goals and changes within the environment. Human resource planning is a paramount component of Human resource management.
B.J Smith (1992) describes that Human resource planning is the legal process of associating business strategy within Human resource practices. Human resource planning is the vital managerial function of an organisation. In Human resource planning various process are involved to gain the importance such as deciding the goals and objectives, estimating future employee requirements, Planning of job requirements and job description.
According to E.Geister (2006,P30) “Human resource planning is the process that includes forecasting, developing and controlling by which a firm ensures that it has proper number of employee and right kind people at right place and right time for which they are economically most useful”. R.K Sharma and S.K Gupta explains the various objectives of human resource planning. Some of them are Assessing skill requirement in future, Controlling the wages and salary, Cost ensuring higher labour productivity, Ensuring proper and efficient use of Human resources in an organisation.
The first decision of Human resource planning is
Human resource departments today have a more distinct, calculated position within organizations, and human resource strategy influences the bottom line. “One of the challenges for HR leaders is convincing executive leadership teams that human capital is one of the most important resources in which the company can invest” (Mayhew, 2014, p.). Subsequently, “this return on investment is an essential part of the argument for including HR as part of an overall business strategy” (Mayhew, 2014, p.). Human resource departments utilize the information given to them from company executives and leaders, coupled with their respective expertise on all things personnel, and they plan and implement staffing concerns for the betterment of the organization. From preparing job analysis, to comparing inventory and forecasting, it is the responsibility of human resources to consider the objectives of an organization and fulfill those goals while operating the specific planning relative to HR.
Human resource planning is the process through which organizations identify current and future human resources needed for an organization to achieve its goals. It serves as a link between human resources management and the organization’s overall strategic plan.
Introduction – Human resource planning is the most valuable assets of organization. It is a ongoing process of systematic planning to achieve optimum use. Human resource planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. In order to realize company objectives, it is essentially to have a human resource plan. Human resource planning is essentially the process of getting the right number qualified people into the right job at the right time so that an organization can meet its objectives. In context of getting organization’s objectives or to achieve its goal human resource planning is the most important assets of an organization. It is a system of matching the people between existing employees and those to be hired or searched for.
The term human resource is defined as a system of activities and strategies that focus on successfully managing employees at all levels of the organization to achieve organizational goal (Niles, 2013). Human resource management is the process of proper use of available limited skilled workforce. The main purpose of the human resource management is to make efficient use of existing human resource in the organization.
According to Ruth Mayhew Human resource planning is to help the entities to meet the organisational goals because planning links human resource planning with the actual operational process, and also one of the most reasons of human resource planning is to counteract the uncertainty and changes. Human resource planning helps Tesco and any other business to maximise career development and high employment retaining methods. Planning has the
Human Resource Planning (HRP) is a process that defines the needs and demands for an organization to achieve their goals. Some of the useful HR metrics for HRP may include absence rate, revenue per employee, workers compensations costs, cost with turnover and return on investment. GC3 HR Director,
The human resources plan is a device that directs the management, in detail, on the responsibilities and the roles, the acquiring of the human resources, training specialization needed, and individual time required per resource. A well planned and successful project is dependent on the correct human resources as the major component which comprises of the following:
Organizational culture is significant in nowadays. Strong organizational culture leads to strong company. Employee motivation, work performance, internal communication, brand image, employee loyalty etc. are depend on effective human resources management planning. Company should have effective HRM plan. HRM plan should make in term of organizational culture, structure and values. HRM plan is the first step of being professional. All organizational dynamics are related to HRM Planning. Changing is important in business life because of fast innovation. This planning should include current issues. Human resources means strategic planning.
According to the online Business Dictionary (2014) human resource management is hiring employees and developing their skills for them to become an asset to the organization. Human resource management is the process of finding out job requirements and the number of employees needed, sourcing the right people for the job, training them, management of wages and salaries, handing out benefits and incentives, conducting performance evaluations, resolving disputes and communicating with all the employees of the organization. (businessdictionary.com).
The Human Resource Planning takes places in phases and the first phase of the planning is gathering the required data which is required to make the decisions as per the requirements for now and the future, second phase involves setting up the HR planning objectives. The third phase is where methods of implementing is introduced or designed and the fourth phase keeps track of the success of these methods (Burack, 1988; Odiorne, 1981). The activities are divided to three depending on the time frame those being short term which are to be done soon, intermediate a time frame of 1-3 years and long term which is to be
Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organization 's most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply.
Human resources management is where everything begins and ends for an individual an organization. It’s where the total processes are created and initiated. Examples of these processes are: planning, communication, motivation, code of ethics, decisions, forecasting, total compensation, diversity, discrimination, records, rights protection, leadership, career development, training, hiring, performance appraisal, equal employment opportunity, empowerment, promotion, recruitment. Human resources management also, sets strategic processes and procedures, run difficult and complex communication as they attract the best talents for an organization.
According to www.boundless.com (2014), HR planning is all about forecasting of prospect demand as well as personnel contribution along with skills advancement in a systematic way. It recognizes existing plus future HR requirements according to the strategic goals of the company that are placed by superior management. It is a linkage between HRM and general strategic arrangement of any company. Manager as well as other higher management must have a strong association.
* Manpower Planning: Human Resource Planning is the process by which an organization ensures that it has the right number & kinds of people, at the right place, at the right time, capable of effectively & efficiently completing those tasks that will help the organization achieve its overall objectives.
Today, in every organisation personnel planning as an activity is necessary. It is an important part of an organisation. Human Resource Planning is a vital ingredient for the success of the organisation in the long run. The objectives of Human Resource Department are Human Resource Planning, Recruitment and Selection, Training and Development, career planning, Transfer and Promotion, Risk Management, Performance Appraisal and so on. Each objective needs special attention and proper planning and implementation.