Textbook Notes (368,117)
Canada (161,660)
Economics (924)
ECN 204 (282)
Chapter 5

CHAPTER 5 notes.doc

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Department
Economics
Course
ECN 204
Professor
Christos Shiamptanis
Semester
Winter

Description
CHAPTER 5HUMAN RESOURCE PLANNINGThe Strategic Importance of Human Resources PlanningHRP 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 objectivesSystematically forecasts the demand for and supply of employees under changing conditionsKey steps include forecasting demand for labour analyzing the labour supply and planning and implementing HR programs to balance supply and demand
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