HROB 2010 Study Guide - Final Guide: Nominal Group Technique, Delphi Method, Succession Planning

• School: University of Guelph
• Department: Human Resources and Organizational Behaviour
• Course: HROB 2010
• Professor: Nita Chhinzer

Document Summary

Human resources planning: 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. Helps organization: meet strategic goals and objectives achieve economies in hiring new workers, make major market labour demands successfully anticipate and avoid shortages and surpluses of human resources control or reduce labour costs. Planning and implementing hr programs to balance supply and demand. External environmental factors monitored include: economic conditions: market and competitive trends new or revised laws relating to hr social concerns (health care, childcare, educational priorities) technological changes demographic trends. Forecasting supply of internal candidates skills inventories and management inventories replacement charts and replacement summaries succession planning: markov analysis. Skills inventories: summary of current employees" education, experience, interests, and skills. Management inventories: summary of management employees qualifications, skills, interests, managerial responsibilities. Replacement charts: depiction of who will replace whom in the event of a job opening.