2. Human Resource Planning
The process by which management ensures
that it has the right personnel who are
capable of completing those tasks that help
the organization reach its objectives
The development of strategies for matching
the size and skills of the workforce to
organizational needs
3. Advantages of Good HR Planning
The organization will be in the position to
compete in the market
Allows to make managements decisions to
support the future direction of the organization
Will save organization unnecessary costs
Identifies the strengths & weaknesses of the
firm’s workforce
5. Analyzing
To analyze the environmental factors that
impact on your firm’s labor demand
The labor market policy should be factored in
Analyze current trend of the worth of the firm,
if growing or not
If there is a need to recruit, how good is the
supply, skills required
Context of demand and supply
6. Forecasting
Subject to certain uncertainties and
inaccuracies, which can be minimize through
scientific methods
Statistical & judgmental methods
Statistical method needs in-depth research &
history of industry
Judgemental methods works with the
opinions of operations department
8. Implementation
Strict implementation of plan
Evaluation of results
Success will be gauged on whether the plan
was able to avoid a labor shortage or surplus
