BU354 Chapter Notes - Chapter 5: Nominal Group Technique, Delphi Method, Wrongful Dismissal

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2 Dec 2012
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Human resources planning (hrp) process of forecasting future human resource requirements to ensure that the org will have the required # of employees with necessary skills to meet strategic objectives. Step 1: forecasting future human resources needs (demand) Step 2: forecasting the availability of internal and external candidates (supply) Forecasting the supply of internal candidates: markov analysis. Estimating internal labor supply through tracking employment movement through various jobs: skills inventories and management inventories. Sis manual/computerized records summarizing employees" education, experience, interest, skills etc. Mis records summarizing qualifications, interest and skills of management employees along with number and types of employees supervised: replacement charts and replacement summaries. Rcs are visual representations of who will replace whom in the event of a job opening. Rss lists of likely replacements for each position and other information (performance, age, and experience: succession planning. Process of ensuring a suitable supply of successors for current and future senior or key jobs.

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