1) assessing current human resources
Managers begin HR planning by inventorying current employees. This inventory usually includes information on employees such as name, education, training, prior employment, languages spoken, meeting future HR needs.
Future HR needs are determined by the organization’s mission, goals, and strategies. Demand for employees results from demand for the organization’s products or services. For instance, Corning’s expansion into developing countries was slowed by the lack of qualified employees. To continue its growth strategy, it had to plan how to find those qualified employees.
After assessing both current capabilities and future needs, managers can estimate areas in which the organization will be understaffed or overstaffed. Then they’re ready to proceed to the next step in the HRM process.