Human Resource Planning & its Importance

 

                                                                                             Source : www.outsourcinginsight.com (2018)

What is Human resource Planning?

Human resources undoubtedly play the most important part in the functioning of an organization. the term "Resources" or "Human resources" signifies potential, abilities, capacities and skills which can be developed  through continuous interaction in an organizational setting.


The interactions, interrelationships and activities performed all contribute in some way or other to the development of human potential, Organizational productivity, growth of companies and economic development are to a large extent contingent upon the effective utilization of human capacities.

(P Dalvi 2017)



Basic of Human Resource Planning   


  • Work Force Forecasting
Workforce forecasting, also known as workforce planning or labor forecasting, is the process used to predict whether or not an organization has adequate staffing and time in oder to complete its business objectives.

  • Recruiting 
Recruiting refers to the process of identifying, attracting, interviewing, selecting, hiring and onboarding employees.

  • Development
Employee development is defined as process where the employee with with the support of his/ her employer undergoes various training programs to enhance their skills and acquire new knowledge and skills.

  • Retaining
Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time or until the completion of the project.
(Jim Franklin 2019)


                                                                                                     Source : assignmenthelp4me.com (2020)

   
Importance of Human Resource planning. 

  • Key to managerial function  - The four managerial functions (Planning, Organizing, directing and Controlling) are based upon the manpower. Human resources helps in the implementation of all these managerial activities. Therefore staffing becomes a key to all managerial functions. 

  • Efficient utilization  -  Efficient management of personals become an important function in the industrialization world of today. Setting of large scale enterprises  require management of large scale manpower. It can be effectively done through staffing function.


  • Motivation  -     Staffing function not only includes putting right men on right job, but it also comprises of motivational programs.


  • Better human relations  -   A concern can stabilize itself if human relations develop and are strong. Human relations become strong through effective control, clear communication, effective supervision and leadership in a concern.


  • High Productivity  -     Productivity level increases when resources are utilized in best possible manner. Higher productivity is a result of minimum wastage of time, money, efforts and energy.      

 

In conclusion, the process of human resource planning is vital in assessing both the current and future personnel needs of an organizations in terms of quantity as well as quality. It is a fundamental process that directly link human resource activities to the organizational plans and objectives. Furthermore, this process cushions organizations from different challenges by  preparing it for different factors, external and internal that may affect its activities. It should thus be taken serious considering that it determines the successful implementation and achievement of an organization's objectives and goals.   

(Parchi Juneja 2018)


                                                                                                        Source : www.influencive.com (2021)

References

P Dalvi (2017) human-resource-planning (Online) Available at    https://www.economicsdiscussion.net/human-resource-management/human-resource-planning-definition-importance-objectives-process-prerequisites/31575 (Accessed 30th April 2021)


Jim Franklin (2019) human-resource-planning (Online) Available at   https://bizfluent.com/list-6537673-types-human-resource-planning.html 

(Accessed on 30th April 2021)


Parchi Juneja (2018)management study guide (Online) Available at    https://www.managementstudyguide.com/manpower-planning.htm

(Accessed on 30th April 2021)

  


Comments

  1. UnknownMay 24, 2021 at 8:22 PM

    HR planning as the writer said is a key aspect in HR process. We have seen succession issues in retirements and sudden resignations. So having a pool of talent to replace such positions will ensure continuity of business and motivate fellow staff as they are not pressurized to cover work of those who left the company.

    ReplyDelete
    Replies
    1. NadeeshMay 24, 2021 at 11:21 PM

      Yes actually it's a good suggestion. Having a strong pool of employees for future promotions, it's a motivative factor for all staff.

      Delete
  2. Nipuna Maduranga SamarakoonMay 24, 2021 at 10:06 PM

    very clear clarification and Useful facts. thank you for posting valuable information

    ReplyDelete
  3. NadeeshMay 24, 2021 at 11:22 PM

    Thank you for sharing thoughts

    ReplyDelete
  4. Subhani's BlogMay 25, 2021 at 12:25 AM

    I like the post. Thank you so much for nice sharing with us. Keep posting!

    ReplyDelete
  5. IndikaMay 25, 2021 at 4:30 AM

    Efficiently handle Induction Process: Company policies & procedures can be stored on the cloud which a newly joined employee can have access to and go through it for their reference.

    ReplyDelete
  6. ArunaMay 25, 2021 at 5:25 AM

    We have seen how important HR planning is during this pandemic period. It definitely affect employee motivation and then other factors. Unlike other resources, reaction - response of this resource makes HR Management very complex. Plans work only if they agree (or satisfied)

    ReplyDelete
    Replies
    1. NadeeshMay 25, 2021 at 8:31 AM

      Every organization is running on the strength of their employees.Hence, the planing process should be more accurate

      Delete
  7. HRMMay 25, 2021 at 10:55 AM

    Nicely explained... and informative article..

    ReplyDelete
  8. Dinesha SenevirathnaMay 26, 2021 at 12:12 PM

    HR planning need to be aligned with organisational goals. You have clearly explained how it is important in this pandemic period. Nicely written article.

    ReplyDelete
  9. TranaMay 26, 2021 at 6:01 PM

    HR professionals should aim to onboard candidates who will aid in the company’s success

    ReplyDelete
  10. TranaMay 26, 2021 at 6:03 PM

    Success of your life is the proper planning, even for a business same as

    ReplyDelete
  11. TranaMay 26, 2021 at 6:05 PM

    Article with valued content and continue posting more articles.

    ReplyDelete
  12. TranaMay 26, 2021 at 6:36 PM

    Planning strategies must be changed time to to time

    ReplyDelete
  13. GeethikaMay 27, 2021 at 10:01 AM

    Proper planning provides a path for future development by establishing a reservoir of talent capable of filling leadership roles.

    ReplyDelete
    Replies
    1. NadeeshMay 27, 2021 at 6:10 PM

      Yes, future development is needed for every organizations.

      Delete
  14. Thusitha WarnakulasooriyaMay 27, 2021 at 10:47 AM

    Human resource planning is often overlooked, especially in the early stages of a business when the focus is solely on profitability and proving the business model. There comes a time however, when planning is an absolute necessity. Not only does it shield the business from hefty legal consequences, planning creates a smooth process for employee management that is both efficient and effective.

    ReplyDelete
  15. NadeeshMay 27, 2021 at 6:10 PM

    Agree with you

    ReplyDelete
  16. TranaMay 27, 2021 at 11:30 PM

    The main purpose of HRP is to set the goals and objectives of the company

    ReplyDelete
  17. TranaMay 27, 2021 at 11:32 PM

    Any organization with multiple employees has a need for human resource planning

    ReplyDelete
  18. TranaMay 27, 2021 at 11:35 PM

    Human resource planning is an essential part of every successful business. Unfortunately, many managers neglect this vital practice for other, easier tasks because they don’t understand what this type of planning requires.

    ReplyDelete
  19. Saman JayasundaraMay 28, 2021 at 12:39 AM

    Well organized article and Good job Nadeesh

    ReplyDelete
  20. SUNETH GAMLATHMay 28, 2021 at 2:31 AM

    HR planning enables businesses to meet their current and future demands for talent, allowing HR managers to anticipate and develop the skills most valuable to an organization,

    ReplyDelete
  21. sarahJanuary 19, 2022 at 11:17 PM

    Last Minute Assignment Help Washington

    ReplyDelete

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