Casson (1978) views that “this Conventional wisdom represents Human Resource Planning (HRP) as
an all embracing policy making activity producing on a rolling basis, precise forecasts using technically
sophisticated and highly integrated planning systems”. He also suggests that it is better regarded as, first, a
regular monitoring activity, through which Human Resource stocks and flows and their relationship to business
needs can be batter understood, assessed and controlled, problems highlighted and a base established from
which to respond to unforeseen events, and second, an investigatory activity by which the Human Resource
implications of particular problem and changing situations can be explored and the effects of alternative policies
and actions investigated.”