MANPOWER PLANNING AND FORECASTING COURSE: HRM-360 (SEC-2) GROUP- 07 SUBMITTED TO: SHAFIQUL ALAM SCHOOL OF BUSINESS & ENTREPRENEURSHIP MALIHA HOSSAIN 2020280 FABIHA ISLAM RAHI 2022080 SADIA AMIN ENTI 2021962 MD. JAHIDUZZAMAN 2020180 COMPANY OVERVIEW 4/10/2023 Sample Footer Text ■ Mobile financial services provider in Bangladesh. ■ Founded in 2010. ■ Financial services, mobile money transfer, bill payment, mobile recharge & online shopping. ■ Over 45 million registered users. 2 DETERMINING NET HR REQUIREMENT DETERMINING HR DEMAND Qualitative method Quantitative method Reasons: More accurate predictions More effective workforce planning strategies Identify potential gaps or risks Identify potential challenges and opportunities and Develop appropriate strategies to address them. ASCERTAINING HR SUPPLY External Supply Reasons: Access to a larger pool of candidates Fresh perspectives and experiences Access to specific skills and experiences Building the brand MARKOV ANALYSIS •Based on the characteristics of the current workforce, Markov analysis, a statistical technique, is used to anticipate future manpower requirements. •The primary advantages of Markov analysis are simplicity and out-of-sample forecasting accuracy. •Markov analysis is useful for financial speculators, especially momentum investors. •Markov analysis is a valuable tool for making predictions, but it does not provide explanations. DELPHI TECHNIQUE MAJOR ADVANTAGES ■ Anonymity ■ Expert options ■ Flexibility ■ Cost-effectiveness ■ Quantitative & qualitative data ADVANTAGES • Time consuming • Cost • Biases • Limited perspectives • Lack if face-to-face interaction Thank You