What is Human Resource Planning?
Human resource planning involves forecasting an organization's future workforce needs and ensuring it has the right people with the right skills in the right positions at the right time.
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Further, the video content begins and also proceeds with a slide-by-slide explanation about what is Human Resource Planning?
Slide 1
Hi Everyone,
Welcome back to HRhelpboard Youtube Channel!
Today we will discuss about
Human Resource Planning
also known as HR Planning or Manpower Planning
Slide 2
What is Human Resource Planning?
Human Resource Planning is the process of ensuring that an organization has the right people, with the right skills, in the right positions, at the right time to achieve its goals and objectives.
Slide 3
Human Resource Planning Meaning
Human Resource Planning aims to align the organization's workforce with its strategic objectives. It involves analyzing current workforce capabilities, forecasting future demand for talent, and identifying gaps between supply and demand.
Slide 4
Human Resource Planning Definition
A strategic way of employing people into an organisation to optimize its productivity is called human resource planning.
Slide 5
Human Resource Planning Definition by Eminent Authors
Robbins and Coulter defined as “HR Planning is the process by which manager ensures that they have the right number and right kind of capable people in the right places and at the right times.”
Bruce P. Coleman defined Manpower Planning as, “the process of determining manpower requirements in order to carry out the integrated plan of the organization.”
Slide 6
Steps in Human Resource Planning
1. Analysis of Organizational Objectives
2. Assessing the Current Human Resource of the Organization
3. Demand and Supply Forecasting of Human Resource
4. Manpower Gap Estimation
5. Evaluation and Feedback
Slide 7
Challenges of Human Resource Planning
1. Difficulties in Predicting the Future
2. Inaccurate Data
3. Diversity of the Employees
4. Efficient Management of Change
5. Managing the Performance of the Employees
6. Constant Learning
7. Changing Workforce
Slide 8
Why Human Resource Planning is Important?
1. To Increase Productivity
2. To Keep the Workforce Motivated
3. For Effective Cost Management
4. For Precise Inputs
5. For Overcoming and Sustaining Change
6. To Handle Managerial Positions
7. Optimize Resource Allocation
Slide 9
Human Resource Planning Process involves:
1. Environmental Analysis
2. Forecasting Demand
3. Assessing Current Supply
4. Gap Analysis
5. Developing Strategies
6. Implementation
Slide 10
Reasons why Human Resource Planning is needed:
1. Talent Acquisition
2. Resource Optimization
3. Cost Control
4. Strategic Alignment
5. Risk Management
6. Employee Development
7. Legal Compliance
Slide 11
Goals of Human Resource Planning:
1. To Align Workforce with Strategic Objectives
2. To Optimize Resource Allocation
3. To Anticipate Talent Needs
4. To Mitigate the Risks
5. To Support Employee Development
6. To Ensure Compliances
Slide 12
Conclusion
1. Human resource planning ensures that an organization has the right people, with the right skills, in the right positions, at the right time to achieve its objectives.
2. A good human resource planning strategy aids in helping the company in achieving its optimum productivity and profitability.
Video Timestamps
00:00 Introduction
00:15 What is Human Resource Planning
00:28 Human Resource Planning Meaning
00:43 Human Resource Planning Definition
00:54 Human Resource Planning by Eminent Authors
01:22 Steps in Human Resource Planning
01:43 Challenges of Human Resource Planning
02:09 Why Human Resource Planning is Important?
02:36 Human Resource Planning Process
02:57 Reasons why Human Resource Planning is needed?
03:20 Goals of Human Resource Planning
03:45 Conclusion
04:05 Thanks for Watching
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