MHR 523 Lecture Notes - Lecture 3: Human Resources, Job Analysis, Succession Planning
Document Summary
Consider the job of a retail sales associate at a clothing store in the eaton centre: describe three competencies necessary for successful performance as a retail sales associate. Human resources planning (hrp) (cid:862)the p(cid:396)o(cid:272)ess of fo(cid:396)e(cid:272)asti(cid:374)g futu(cid:396)e hu(cid:373)a(cid:374) (cid:396)esou(cid:396)(cid:272)es (cid:396)e(cid:395)ui(cid:396)e(cid:373)e(cid:374)ts to e(cid:374)su(cid:396)e that the o(cid:396)ganization will ha(cid:448)e the (cid:396)e(cid:395)ui(cid:396)ed (cid:374)u(cid:373)(cid:271)e(cid:396) of e(cid:373)plo(cid:455)ees (cid:449)ith the (cid:374)e(cid:272)essa(cid:396)(cid:455) skills to (cid:373)eet its st(cid:396)ategi(cid:272) o(cid:271)je(cid:272)ti(cid:448)es. (cid:863) Strategic importance of hrp: helps organization, meet strategic goals and objectives, achieve economies in hiring new workers, make major market labour demands successfully, anticipate and avoid shortages and surpluses of human resources, control or reduce labour costs. Steps in the hrp process: forecasting the availability of candidates (hr supply, forecasting future hr needs (hr demand, programs to balance supply and demand. Internal: people within the organization: external: people outside of the organization. Incentive for other employees to: allows for company expansion perform well, greater workforce diversity.