Planning

Human resource planning is the term used to describe how companies or organizations ensure that their staff is the right staff to do the jobs. Sub topics in human resource planning include planning for staff retention, planning for candidate search, training and skills analysis and much more. Rigorous Human Resource planning links people management to the organization's mission, vision, goals and objectives, as well as its strategic plan and budgetary resources. A key goal of Human Resource Planning is to get the right number of people with the right skills, experience and competencies in the right jobs at the right time at the right cost. It can be stated that Human Resource Planning is the process by which management ensures that it has the right personnel, who are capable of completing those tasks that help the organization reach its objectives. It also involves the development of strategies for matching the size and skills of the workforce to organizational needs. Human resource planning assists organizations in recruiting, retaining, and optimizing the deployment of the personnel needed to meet business objectives and to respond to changes in the external environment. The process basically involves carrying out a skills analysis of the existing workforce, carrying out manpower forecasting, and taking action to make sure that supply meets demand. This may include the Development of Training and Retraining Strategies.

The various elements of Human Resource Planning are:-

• Estimating manpower requirements quantitatively and qualitatively
• Recruitment and selection of personnel.
• Induction and deployment.
• Personnel development
• Ensuring quality to products and services, keeping customer satisfaction as the primary objective.
• Overall assessment of performance and fine-tuning.