Human_Resource_Planning_Presentation.pptx

HR Planning – Meaning, Objective, Importance, Process of HRP, Responsibility of HRP, Effective HRP.

1. Human Resource Planning (HRP) – Meaning Human Resource Planning (HRP) is the process of forecasting an organization’s future demand for and supply of human resources and aligning them to achieve business objectives. It ensures that the right number of people, with the right skills, are available at the right time.

2. Objectives of Human Resource Planning 1. To ensure adequate supply of manpower. 2. To effectively utilize existing human resources. 3. To anticipate shortages or surpluses of manpower. 4. To align workforce planning with organizational goals. 5. To facilitate career planning and succession management. 6. To reduce uncertainty and improve labor cost control.

3. Importance of HR Planning 1. Ensures optimum utilization of human resources. 2. Helps meet future manpower needs in advance. 3. Minimizes labor costs and turnover. 4. Supports organizational expansion and diversification. 5. Facilitates employee development and productivity. 6. Contributes to organizational stability and growth.

4. Process of Human Resource Planning (HRP) 1. Analyzing Organizational Objectives – Understanding future plans and strategies. 2. Forecasting Demand for Human Resources – Estimating future manpower requirements. 3. Forecasting Supply of Human Resources – Assessing current and potential manpower. 4. Identifying Manpower Gaps – Comparing demand and supply. 5. Action Planning – Recruitment, training, redeployment, or downsizing. 6. Monitoring and Evaluation – Reviewing and updating HRP regularly.

5. Responsibility for Human Resource Planning 1. Top Management – Sets overall organizational goals and approves manpower plans. 2. HR Department – Designs HRP systems, conducts analyses, and prepares forecasts. 3. Departmental Managers – Provide input on departmental manpower needs. 4. Line Managers – Implement manpower plans and oversee workforce utilization. 5. Employees – Participate in career development and skill enhancement.

6. Effective Human Resource Planning – Key Factors 1. Top Management Support – Ensures alignment with strategic objectives. 2. Accurate Data and Forecasts – Reliable HR information systems. 3. Integration with Corporate Planning – HRP must complement business strategy. 4. Flexibility – Ability to adapt to environmental and technological changes. 5. Regular Review – Continuous monitoring and updating of manpower plans. 6. Employee Involvement – Promotes transparency and cooperation.