HRM200 Lecture : Chapter 5 and 6
22 Apr 2013
School
Department
Course
Professor
Document Summary
To meet organizational goals, review human resources requirements to ensure: the necessary number of employees, the necessary employee skills. Plan and implement programs to balance supply and demand. Simultaneous layoffs and hiring in different departments reduces morale and productivity, creates turnover. Inability to meet operational and strategic plans. Elements of effective hr planning: forecast future hr needs (demand, forecast future internal/external candidates (supply, implement plans to balance supply and demand. Quality and nature of employees relative to needs. Decisions regarding product quality and new markets. Plans for technological and administrative change to increase productivity and reduce headcount. Trend analysis: review past employment levels to predict future needs. Regression analysis: statistical relationship between business activity and employees. Experts meet face-to-face; independent idea generation, clarification and open discussion, and private assessment; possible subjectivity, group pressure: delphi technique. Experts work independently; wide range of views; difficult to integrate diverse opinions; timely and costly.
