Importance of Human Resource Planning Show Human Resource Planning is a set of activities undertaken to forecast an organization’s labor demand or requirements and internal labor supply, to compare these projections to determine employment gaps and to develop action plans for addressing these gaps. It aims at fulfilling the objectives of manpower requirement. It helps to mobilize the recruited resources for the productive activities. The human resource planning is and important process aiming to link business strategy and its operation. It is a task that identifies present and future human resources need for a company to achieve their goals. The importance of human resource planning are as follows:
Human resource planning measures that the organization acquires and utilizes the manpower effectively to achieve objectives. Human resource planning helps in assessing and recruiting skilled human resource. It focuses on the optimum utilization of human resource to minimize the overall cost of production.
Human resource planning ensures that people are available to provide the continued smooth operation of an organization. It means, human resource planning is regarded as a tool to assure the future availability of manpower to carry on the organizational activities. It determines the future needs of manpower in terms of number and kind.
Another purpose of HR planning is to recruit and select the most capable personnel to fill job vacancies. It determines human resource needs, assesses the available HR inventory level and finally recruits the personnel needed to perform the job.
Human resource planning is important to cope with the change associated with the external environmental factors. It helps to assess the current human resources through HR inventory and adapts it to changing technological, political, socio-cultural, and economic forces.
Human resource planning identifies the skill requirements for various levels of jobs. Then it organizes various training and development campaigns to impart the required skill and ability in employees to perform the task efficiently and effectively.
This is associated with reducing the impact of uncertainty which is brought about by unsudden changes in processes and procedures of human resource management in the organization. Information Source:
HR planning forms an integral part of any organization and it ensures that an organization succeeds in achieving all its targets. The following post explores the significance of HR planning in organizational success. Introduction Just as planning is important in our daily lives’, planning forms an integral part of an organization. An organization’s success lies to a great extent to the skill, creativity and dedication of its employees. Here comes the importance of Human Resource Planning. Surprisingly, many organizations tend to overlook this aspect of HR and some are even not completely aware of it. Organizations that overlook this aspect of planning, have less chances of surviving in the long run; needless to say that a proper HR planning can help in dealing with a lot many issues in an effective way. HR Planning – Definition HR planning is a part of the larger gamut of Human Resources, and it is defined as the systematic analysis of HR needs that ensures that correct number of employees with the necessary skills are available when they are required. While preparing the planning programme, practitioners should bear in mind the objectives that they need to achieve. This is precisely the reason for seeking employment by most jobseekers. If these requirements are neglected by authorities it can lead to unnecessary poor performances and other industrial issues. Becoming a HR Professional Now, as a task, planning is not easy. It requires a lot of concentrated efforts to come with such a programme that would help ease your work. Competent HR professionals put in a lot of effort in order to launch an efficient HR planning programme. In order to become a HR professional formal training is mandatory. Several courses related to HR are taught in educational institutes across the globe. Among all major courses, MBA in HR is the most popular. As a course, MBA in HR is offered in several institutes. An extensive course in HR provides the required curriculum and training that empowers a candidate to excel in this field.  Significance of HR Planning Planning is a process that has to be commenced from somewhere and completed for a particular purpose. It involves gathering information that ensures managers are able to make sound decisions. The obtained information is also utilized in order to achieve it’s the goals. If HR planning is applied properly, it can help in answering the four important questions:
Effective HR planning helps the organization work smoothly and also achieves success in the present times. HR professionals working towards developing HR planning for an organization, assists the organization to manage its staff strategically. Apart from that HR planning can also ensure a proper career planning for employees and help them in achieving their goals. It will also ensure augmentation and eventually make the organization a better place to work in. The major steps involved in HR planning include the following:
From forecasting to Actioning of planning requires a lot of concentrated effort. The HR department of any organization has an enormous task – that of keeping pace with all the changes and ensure that the organization has the right kind of employees at the right time. Ineffective HR Planning On the other hand, poor HR planning or the absence of the same in an organization can result in huge loss or financial crisis. It may take a long time for vacancies to be filled. Needless to say it hampers work and has an adverse effect on the organization in the long run. One of the most important reasons as to why HR planning should be implemented and effectively managed is the costs that are involved. Since budget forms an integral part of any business organization, proper planning can ensure provision costs related to HR. HR planning must be taken seriously and it should involve creating a path for advancement for both—the organization and the employee. Need to implement strategic planning in a hurry? Check out our HR Strategic Planning Timesaver Kit TM here! The following two tabs change content below.
A follower of the latest trends in education in India, Sampurna Majumder has been lending her expertise to several websites by writing articles and blog posts on the current educational trends in India such as these. She is a passionate writer and a blogger. The above post provides an insight into the significance of HR planning and also courses in HR, especially MBA in HR. Why is HR planning important in an organization?Human resource planning (HRP) allows a business to better maintain and target the right kind of talent to employ — having the right technical and soft skills to optimize their function within the company. It also allows managers to better train and develop the skills needed amongst the workforce.
What is human resource planning with example?For example, a human resources strategic plan may include long-term aims to recruit and retain an excellent staff with a high-level of technical expertise. The tactical plan would include detailed action plans with completion due dates.
What is the importance of human resource department within an organization and provide relevant example?A human resource department is also in charge of keeping employees safe, healthy, and satisfied. With proper HR management, workplace policies keep up with necessary protective measures and implementation and provide solutions to issues between team members, avoiding risk for the company and its employees.
What is the importance of human resource planning PDF?Human resource planning allows to forecast the future manpower requirements and also to forecast the number and type of employees who will be required by the enterprise in a near future.
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What is the importance of HR planning for an organization explain with example?
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