MHR 523 Chapter 5: Chapter 5.docx

122 views4 pages

Document Summary

Human resource planning (hrp) the process of forecasting future human resource requirements to ensure that the organization will have the required number employees with the necessary skills to meet strategic objectives. Strategic planning determining how many people will be available to implement and carry out operations to achieve an organization"s objectives (eg. building new plants influences the number and type of positions to be fulfilled) ***failure to properly integrate hrp with strategic planning could result in severe consequences. Environmental scanning monitoring external factors (eg. market, demographic and technological trends) Steps in hrp: forecasting future human resources needs (demand, forecasting the availability of internal and external candidates (supply, planning and implementing hr programs to balance supply and demand. In order to meet an organization"s objectives, they must predict how many and what skills need to be required by its employees (and potential ones too).