Management and Organizational Studies 1021A/B Chapter Notes - Chapter 4: Markov Chain, Succession Planning, Job Performance

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1021A/B
• Professor: Prof

Document Summary

Chapter 4: human resource planning, recruitment, and selection. Strategic plans tend to be broader in scope, longer in time frames, provide overall direction, and apply to the entire organization. Human resource planning: a process to ensure that the people required to run the company are being used as effectively as possible, where and when they are needed, in order to accomplish the organizations goals. Since strategic planning involves the allocation of resources, including the people resources of the organization, Hr planning is aligned to ensure the objectives are met. Hr planning (the processes, systems, and practices) can be aligned to the overall business strategy. The dramatic shifts in composition of the labor force require that managers become more involved in planning their staffing needs, since such changes affect not only employee recruitment but also methods of employee selection, training, compensation, and motivation. Planning occurs more systematically in medium and larger organizations. Forecasting the demand for employees can be done through: