Human Resource Planning Talking points • • • • • • • • • • • • • • • • • What is HRP? Why Human Resource planning is important? Features Objectives of HRP HRP process Need of HRP Benefits Types Approaches to human resource planning Forecasting Human resource availability Forecasting Techniques Guidelines for making HRP effective Factors affecting Human Resource Planning Challenges for HR planning Barriers to HR planning Requirements for effective HR plan conclusion What is HRP? • HRP is a sub-system of total organizational planning • HRP facilitates the realization of the company’s objectives for the future by providing the right type and number of personnel. • HRP is also called Manpower planning,personnel planning or Employment planning. Importance of HR • • • • • Future personnel needs Coping with change Creating highly talented personnel Protection of weaker sections International strategies Features • • • • • Futuristic Continuous process Part of corporate planning Flexibility Long term and short term plans Objectives of HRP • • • • • Forecasting Human Resource Requirement Effective Management of change Realizing organizational Goals Effective utilization of HR Promoting Employees HRP Process Organization’s Strategies and Plans Human Resources Requirement Human Resources Availability Assessment of Human Resources Needs Gap Analysis Action Planning Implementation Needs of HRP • • • • • • Employment –Unemployment situation Technological change Organizational change Demographic change Skill shortage Government influence Benefits of HR Planning • • • • • • Lower HR costs through better HR management. More timely recruitment for anticipate HR needs Better devlopment of managerial talent Improve the utilization of human resources. Make successful demand of local labor market. Co-ordinate different HR programs Types of HR planning SHORT TERM • Approaches to matching a weak individual and a job • For optimum utilization of the strong incumbent. LONG TERM • • • • Projecting manpower requirements. Taking stock of existing manpower Recruitment & selection HR devlopment Approaches to HR planning Two Approaches used in forecasting the demand for human resources areQuantitative qualitative Forecasting HR availability • Forecasting the supply of internal human resources • Forecasting the supply of external human resources Forecasting Techniques • • • • • Managerial judgment Ratio-trend analysis Work study techniques Delphi technique Other techniques GUIDELINES FOR MAKING HRP EFFECTIVE 1. Integration with Organizational Plans 2. Period of HR Planning 3.Proper Organization 4. Support of Top Management 5. Involvement of Operating Executives Factors affecting Human Resource Planning 1.Organizational growth cycles and planning 2.Time horizons 3.Nature of job being filled 4.outsourcing Challenges for HR Planning • • • • • • • Globalization Handling multicultural/Diverse Workforce Employee selection Training & Devlopment Balance with work life Retaining Talents conflict Managing Barriers to HR plan • • • • • • Time consuming Incompatible information Conflicts between short term and long term HR needs Trade unions Uncertainties Conflicts between quantitative and qualitative approaches of HRP Requirements for effective HR plan • HR plan must be as a part of corporate planning. • HR plan duties should be centralized in different management level • Plan should be prepared by skill levels rather than by aggregates • The time horizon of the plan must be long enough to permit any remedial action. conclusion • An effective HRP is required for an organisation to be effective • HRP needs to be fully integrated to be organization plan • Secret of success is the right type of people available in the right number at time at right place. Thank you..