MANA 298 Lecture Notes - Human Resource Management, Demand Forecasting, Strategic Planning
Document Summary
Human resource planning (hrp) attempts to reconcile an organisation"s need for human resources with the available supply of labour. Hrp also results in matching people to the job, that is, the right people doing the right thing. Hrp can help management in making decisions in areas as hereunder: recruitment, avoidance of redundancies, training of staff, management development, estimates of costs. Hrp needs continuous re-adjustment because the goals and objectives of an organisation are not stable due to uncertainties in the environment. Organisations engage in the process of human resource planning (hrp) to determine the demand and supply of human resources so as to gain or maintain. In short, hrp is the process of identifying the hr needs and the ways of meeting those needs. This phase of the hr planning process involves matching the forecasted human resource (in terms of future requirements) with the existing hr (the available employees). (iii)
