MHR 523 Lecture 3: Human Resources Lecture 3
1 Feb 2017
School
Department
Course
Professor
Document Summary
The process of forecasting future human resources requirements to ensure that the organization will have the required number of employees with the necessary skills to meet its strategic objects without shortages or surpluses. Human resource planning can vary from capturing basic information to a more sophisticated approach. Steps in the hrp process: forecasting the availability of candidates, forecasting future hr needs, planning and implementing hr programs to balance supply and demand. The external environment factors most frequently monitored include: economic conditions, market and competitive trends, new or revised laws, social concerns related to health care, childcare, and educational priorities, technological changes, demographic trends. Isolating the critical from the insignificant e. g. scanners have difficulty picking out the truly important. Few trends exist in isolation e. g. difficulty finding employees where labour shortages exist. Hr planners react to current events and other issues that affect their practice. Depends on what position you are filling, what company you work for etc.
