Hr Planning

Human Resource Planning - Prof. Hema Kapoor

Overview


Human Resource Planning




Process of Human Resource Planning




Techniques of HR Planning

HR Planning


Process by which the company identifies the number of jobs vacant, whether there is excess staff or shortage of staff & to deal with this excess or shortage




Process of analyzing & identifying the need for and availability of human resources so that the organization can meet its objectives

HR Planning process

External Supply

External Supply Defined Government influences




Government regulations & pressures

Economic conditions




Economic forecasts for next few years


Net migration into and out of the area

Geographic & Competitive Concerns Workforce composition & work patterns

Individuals entering/ leaving workforce- Factors affecting persons entering & leaving
Actions of competing employers





Working patterns and arrangements

?

Internal Supply Ensures that people are available to meet requirements set during strategic planning
Assessing current human resources




Human resources inventory report summarizes information on current workers & their skills

HR Information System (HRIS)


HRIS are computerized databases that contain important information about employees       

PAN number Date of birth/ joining Information about dependents Educational background Past experience ... ...

Internal Supply: Factors
Promotions,

lateral moves & terminations
Training & development programs
HR policies
Succession Planning 

Replacement charts


Organizational

capabilities inventory data
Transition matrix or Markov matrix 

Model using probabilities

Internal Supply

HR Planning Corporate Analysis Manpower objectives & policies

• • • • •

Objective and Strategies Company organization Plans Market forecasts & budgets Financial plans Production targets

Demand Forecast

Manpower Gaps

Supply Forecast

• • •

•

• • •

Numbers Job Categories Skill Requirements

•

Surplus of numbers & skills Shortages

Manpower inventory Losses & additions External supply

Manpower Plans • • • •

Recruitment & selection Training & development Retrenchment Productivity

Monitoring & Control

Modify organizational plans

Techniques of HR Planning Approaches to HR Demand Forecasting

Quantitative

Qualitative

Trend analysis

Expert forecasts

Mathematical models

Delphi technique Nominal group technique

Techniques of HR Planning
Quantitative 



Techniques:

Trend Analysis – forecasts employment requirements on the basis of some organizational index. Example: compensation, sales) Mathematical Models – like statistical regression analysis, simulation model

Techniques of HR Planning


Qualitative Techniques:  

Expert forecasts – managers estimate future HR requirements based on their experiences & judgments Delphi technique – uses input from a group of experts • • •



The experts opinions are sought using separate questionnaires on what forecasted situations will be These expert opinions are then combined & returned to the experts for a second anonymous opinion The process continues through several rounds until the experts essentially agree on a judgment

Nominal group technique – unlike the Delphi technique, requires experts to meet face to face •

Their ideas are usually generated independently at first, discussed as a group & then compiled as a report

“Plan Ahead: It wasn’t raining when Noah built the ark.” - Anonymous