MHR 523 Lecture 3: Human Resource Planning

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Document Summary

Human resource planning (hrp): 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 objectives without shortages or surpluses. Can vary from capturing basic information to a more sophisticated approach. Steps in the hrp process: forecasting the availability of candidates (supply, forecasting future hr needs (demand, planning & implementing hr programs to balance supply & demand. The external environment factors most frequently monitored include: Social concerns related to health care, childcare, educational priorities. Challenges in environmental scanning inability to accurately predict the future isolating the critical from the insignificant. Scanners have difficulty picking out the truly important events few trends exist in isolation. Difficulty finding employees where labour shortages exist. Hr planners react to current events & other issues affect their practice. Skills inventories the summary of current employee"s education, experience, interest & skills.

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