What should be the Attributes of Excellent Human Resource Planning?
“Human resource planning is related to the determination of personnel needs in your business. ”
Human resource planning is crucial for the existence and growth of any business. Human resource needs are planned on the basis of company’s necessities and goals. No doubt profit is the sole driving force in any business, but respect for the individual coupled with honesty and professionalism can encourage your human resources to create wonders.
Human resource planning is related to the determination of personnel needs in your business. Thinking in this regard has to be done in advance so that the workforce is readily available at the time of need. The organization may also have to undertake additional recruiting, selecting and instruction processes in order to rev up its workforce.
HR planning includes the record of present manpower in any business. The manager should know the persons who are available to him for undertaking higher responsibilities in the coming time. Manpower requirements have to be planned well in advance as suitable persons are seldom available immediately.
In case sufficient persons cannot be readily made available in future, efforts should be made to start recruitment processes well in advance. The demand and supply of personnel should be seen in advance. Otherwise your company may have to shell out extra bucks at the time of need.
Besides estimating and employing personnel, manpower planning also ensures that proper working conditions are created in the company. People should be fond of working in your company and they should get proper job fulfillment.
There is always a need in any organization to prepare persons for taking up new positions in case of unforeseen circumstances. These circumstances may arise due to death of a person, strikes, natural causes etc.
The degree of turnover may vary from company to company but it cannot be eliminated on the whole. There is a need to recruit new persons to take the positions of those who have left the organization.
Expansion also requires additional human resources and human resource planning at such a juncture attains supreme importance. It is because it has been seen many a time that expansion plans of companies often go awry for one or more reasons, faulty HR planning being one of them.
Author - DeeKay
Tags - Finance, Economy
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