MHR 523 Chapter 5: Chapter 5 - Human Resources Planning
Document Summary
hrp is the process of forecasting future hr requirements to endure that the organization will have required number of employees with the necessary skills to meet its strategic objectives. proactive process which anticipates and influences company"s future. hrp process includes: forecasting demand for labour, analyzing labour supple, planning and implementing hr programs to balance supply and demand. external environmental factors usually monitored: economic conditions (general, regional, and local, market and competitive trends, new/revised laws, decisions of courts, social concerns healthcare, childcare, education, technological changes, demographic trends. 1: clarification, open discussion, private assessment www. notesolution. com, the delphi technique: involves outside experts as well as organizational employees. Ideas are exchanged without face-to-face interaction and feedback is provided and used to fine tune independent judgments till consensus is reached: forecasting supply a. However, summaries hold more information. confidential: succession planning: plans a company makes to fill executive positions.