Understanding Human Resource Planning (HRP) in Organizations
Human Resource Planning (HRP) involves forecasting future HR requirements, optimizing existing workforce capacity, and balancing supply and demand to ensure organizational goals are met. There are two types of HRP - Hard and Soft, each focusing on different aspects of manpower management. The objectives of HRP include ensuring resource availability, proper utilization, and adapting to technological changes. Features of HRP include well-defined objectives, determining HR needs, and keeping track of workforce inventory.
- Human Resource Planning
- HR Strategy
- Manpower Management
- Workforce Forecasting
- Organizational Development
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Presentation Transcript
Human Resource Planning (HRP) is the process of forecasting the future human resource requirements of the organization and determining as to how the existing human resource capacity of the organization can be utilized to fulfill these requirements. It, thus, focuses on the basic economic concept of demand and supply in context to the human resource capacity of the organization. Human resource planning (HRP) is a strategy used by a company to maintain a steady stream of skilled employees while avoiding employee shortages or surpluses. Having a good HRP strategy in place can mean productivity and profitability for a company. There are four general steps in the HRP process:identifying the current supply of employees,determining the future of the workforce,balancing between labor supply and demand,and developing plans that support the company's goals.
TYPES OF HRP There are two types of Human Resource Planning (HRP). 1) Hard Human Resource Planning. 2) Soft Human Resource Planning. HRP based on quantitative analysis in order to ensure that the right number of the right sort of people is available when needed is called Hard Human Resource Planning. HRP concerned with ensuring the availability of people with the right type of attitudes and motivation and commitment to the organization is called Soft Human Resource Planning. Marchington and Wilkinson (1996) describe that Soft Human Resource Planning is more explicitly focused on creating and shaping the culture of the organization so that there is a clear integration between corporate goals and employees values, beliefs and behaviours . They also observe that the soft version becomes virtually synonymous with the whole subject of Human Resource Management .
OBJECTIVES OF HRP: The objectives of Human Resource Planning are as follows: Guarantee ample supply of resources,whenever there is a need for it. Make sure that the current manpower in the company is being used properly. To foresee the potential requirements of manpower at various skill levels. Evaluate excess or scarcity of resources that are available at a given point of time. Predict the impact of technological changes on the resources as well as on the kind of jobs they do. Manage the resources that are already employed in the organization. Ensure that there is a lead time available to pick and train any supplementary human resource.
FEATURES OF HUMAN RESOURCE PLANNING: 1.Well Defined Objectives: Enterprise s objectives and goals in its strategic planning and operating planning may form the objectives of human resource planning. Human resource needs are planned on the basis of company s goals. Besides, human resource planning has its own objectives like developing human resources, updating technical expertise, career planning of individual executives and people, ensuring better commitment of people and so on. 2.Determining Human Resource Reeds: Human resource plan must incorporate the human resource needs of the enterprise.The thinking will have to be done in advance so that the persons are available at a time when they are required. For this purpose, an enterprise will have to undertake recruiting,selecting and training process also. 3.Keeping Manpower Inventory: It includes the inventory of present manpower in the organisation.The executive should know the persons who will be available to him for undertaking higher responsibilities in the near future.
4.Adjusting Demand and Supply: Manpower needs have to be planned well in advance as suitable persons are available in future.If sufficient persons will not be available in future then efforts should be made to start the recruitment process well in advance. The demand and supply of personnel should be planned in advance. 5.Creating ProperWork Environment: Besides estimating and employing personnel,human resource planning also ensures that working conditions are created. Employees should like to work in the organisation and they should get proper job satisfaction.
