Study Guides (238,076)
Canada (114,909)
MHR 523 (215)

mhr 523 lecture 3

3 Pages
Unlock Document

Ryerson University
Human Resources
MHR 523
Margaret Yap

LECTURE 3 MHR 523 HUMAN RESOURCE PLANNING In the news… • BlackBerry job cuts begin with 300 layoffs [Oct. 8, 2013] • Heinz job cuts to hit 740 Canadians [Nov.14, 2013] • Kellogg’s London plant to shut – 500 face layoffs [Dec.10, 2013] • Sears Canada to lay off nearly 800 employees [Nov.26, 2013] • Sears Canada to cut more than 1,600 jobs [Jan. 15, 2014] • Air Canada Rouge hiring hundreds of flight attendants as it adds western base [Jan. 14, 2014] • Bombardier to lay off 1,700 from aerospace division [Jan. 21, 2014] Human Resource Planning • Human Resource Planning systematically forecasts an organization’s future demand for and supply of employees and matches supply with demand • Effective Human Resource Planning enables strategic success – proper staffing is critical • Different organizational strategies require varying human resource plans • Facilitates proactive response to environmental and legal challenges • Needs to be matched to tactical plans • Levels of HR planning vary Strategic HR Planning Goal: Supply = Demand Get the right number of people with the right KSAs in the right place at the right time to meet organizational goals Human Resource Planning Process Step 1: Forecast Demand Step 2: Assess Supply Step 3: Develop HR Objectives Step 4: Design & Implement HR Programs Step 5: Establish Program Evaluation Causes of Demand for Human Resources External Economic developments Social-political-legal challenges Technological changes Competitors Organizational Strategic plan Budgets Sales & production forecasts New ventures Organizational & job design Workforce Retirements Resignations Terminations Deaths Leaves of absence Promotion?? Forecasting Human Resource Needs Expert • Informal and instant decisions • Formal expert survey • Nominal Group or Delphi technique Trend Projection • Extrapolation: Extending past rates of change into the future. • Indexation: Estimating future employment needs by matching employment growth with a selected index, such as the ratio of production employees to sales. • Statistical analysis Other • Budget and planning analysis • New-venture analysis • Computer-based simulation models The Supply of Human Resources: Internal Supply Estimates
More Less

Related notes for MHR 523

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.