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 Human Resource Planning

Ô Human resources

- Important Corporate Asset which have an impact on overall

performance of a Company .

Ô Human Resource Planning

- process of getting the right number of qualified people into

the right job at the right time to meet Organizational objectives .
 Process of HRP

Ô Forecasting the demand for Human Resources

Ô Forecasting Man Power Supply

Ô Determining Man Power Gaps

Ô Formulating Human Resource Plans

 Forecasting Man power Supply

Ô Basic purpose is to find out size and quality of personnel

available within the organization to occupy various
positions.
Ô Manpower(labour force)
Manpower supply is the totality of manpower employed and
manpower unemployed but seeking jobs
Ô Two sources of man power supply
Ñ Internal
Ñ External
 Internal Labor Supply

Forecasting Models :
Ô Staffing Tables

Ô Markov Analysis

Ô Skill Inventories

Ô Succession Planning
 Forecasting Internal Labor Supply

Ô Staffing Tables

It shows the number of employees currently occupying each job

and future (monthly or yearly) employment requirements.

Ô Markov Analysis

The technique uses historical rates of promotions , transfer,

turnover to estimate future availabilities in the work force ð
Markov Analysis for a Retail Company
 Forecasting Internal Labor Supply

V Skill Inventories
An assessment of knowledge , skills , abilities and Career
aspirations of each of the current employees .

V Succession Planning
The process of identifying, developing, and tracking key
individuals for executive positions.
Listings of current jobholders and persons who are potential
replacements if an opening occurs.
Succession Planning
 Rule-based forecasting Method

Ô Type of expert system that allows one to integrate managers¶

knowledge about the domain with time-series data in a structured

and inexpensive way.

Ô Used to adjust data and estimate short and long range models.

Ô Most useful when substantive domain knowledge is available,

patterns are discernable in the series, trends are strong and

forecasts are needed for long horizons.
 External Labor Supply

Ô Recruiting new employees

Ô Restructuring

Ô Outsourcing

Ô Reassigning shifts
 @
  

Ô 6Human Resource Management 6 Text and Cases , Second

Edition by V.S.Rao.

Ô 6Management Information System´-Ninth edition, Author-

O¶Bries, Marakas, Behl.

Ô www.management.uta.edu.
V