Introduction
The success of an organization largely depends upon the quantity and quality of Human
Resources that it is able to attract & retain. Human resources are one of the most vital assets of an
organization. It is the people who make other resources moving. The placement of right kind of
people in right numbers, at the right place and right time is the basic function of Human Resources
management. Human Resource Planning (H RP) is a step in Human Resource Management. The
process of identifying how many people to select, at what job and at what time is called Human
Resource planning. Human Resource Planning is to get the right number of employees with the right
skills, experience, and competencies in the right jobs at the right time and at the minimum cost. This
Human Resource part of an organization ensures that the business production requirements are met
in an efficient and effective manner. Having too many employees is challenging due to the risk of
high labour expenses, downsizing, or layoffs. Having too few employees is also difficult due to high
overtime costs, the risk of unmet production requirements. Human Resource Planning is also called as Manpower planning. It consists of a series of
activities, listed as following ways.
1. Forecasting future manpower requirements:
Forecasting future manpower requirement is the first function of Manpower planning.
Future forecasting is based on future requirement of people in the organization. 2. Preparing an inventory of present manpower:
The next important task in Human Resource Management is to prepare an inventory of
present Human Resources. Such inventory contains data about each employee’s skills, abilities,
work preferences and other items of information.
3. Anticipating manpower resources:
This can done by projecting present resources into the future and comparing the same with
the forecast of manpower requirements. This helps to determine the quantitative and qualitative
adequacy of manpower in future. 4. Meeting Manpower requirements:
This can be achieved through planning, Recruitment and selection, training & development,
introduction and placement Promotion and transfer, motivation and compensation to ensure that
future manpower requirements are correctly met. Human Resource P is the process of forecasting an
organisation’s future demand for and supply of the right type of people in the right number. It is
only after this that the Human Resource Management department can initiate a recruitment and
selection process. In simple, Human Resource Planning is a sub-system in the total Organizational
planning.
School of Distance