21555 Lecture Notes - Lecture 3: Society For Human Resource Management, Demand Forecasting, Organizational Culture
Document Summary
Human resource planning: define hrp and understand it"s crucial relationship with strategic organisational planning. Process of analysing and identifying the need for and availability or hr. So that the organisation can meet its objectives. Balancing supply/demand (comprehensive staffing plan: appreciate the links between hrp and shrm. Hrp is the bridge between hr strategies and hr functions. Hrp provides foundation for establishing an effective hrm program. E. g. forecasting need for people (hiring elderly people due to aging pop e. g. westpac/bunning(cid:495)s = (cid:494)smart business(cid:495)) Reducing an expected labour surplus (economic hardship) Avoiding an expected labour shortage (strong economic position) E. g. employing temporary workers, outsourcing, overtime hours: nature and role of human resource information management. Systems (hrmis) in hrp and shrm: apply the techniques of hrp. Complex or simple techniques can be used. Quantitative = (cid:498)top down(cid:499) approach indexation. (cid:498)war for talent(cid:499) = gap between under skilled and highly skilled.
