Meaning of Human Resource Planning
Human Resource Planning could be expressed as a process by which the management ensures the right number of people and right kind of people, at the right place, at the right time doing the right things for which they are recruited and placed for the achievement of goals of the organization.
Definition of HRP
According to Geisler, "Manpower planning is the process including forecasting, developing and controlling by which a firm ensures that it has
- The right number of people,
-The right kind of people,
- At the right places,
- At the right time,
doing work for which they are economically most useful"
Features of Human Resource Management
1. HRP is future oriented
2 HRP is continuous process
3. HRP is a integrated part of corporate planning.
4. The basic purpose of HRP is to make optimum utilization of an organization's current and future HR.
5. HRP has both qualitative and quantitative
6. HRP can be long term or short term.
Process of HRP
There are seven steps
1 Determining Organisational Objectives
2 Assessing present HR capacity
3 Demand and supply forecast
4 Identifying Manpower Gaps
5 Formulation of HR Action Plan
6 Training and development
7 Evaluation and monitoring of manpower
Factors for Effective Human Resource Planning
Organizational Culture
Organizational Structure
Availability of Funds
Formulation of the business plan
Manpower Forecasting
Top Management Support
Manpower Development
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