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What is Human Resources planning

What is Human Resources planning - business planning...

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Week 2 dis 1 What is Human Resources planning? How does the HR planning process facilitate the achievement of an organization's strategic objectives? If you can, use your organization as an example Human Resources planning, the ongoing process of systematic planning to achieve optimum use of an organization's most valuable asset - its human resources. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. How does the HR planning process facilitate the achievement of an organization's strategic objectives? Developing a human resource strategy to support the business plan requires human resource management planning to be recognized as a fundamental part of the
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Unformatted text preview: business planning process. It is argued that integrating HR strategy and strategic planning is fundamental to achieving business excellence. The four underpinning themes include: 1 . that achieving business excellence is more than a simple accumulation of a range of best practices, 2 . that achieving excellence in corporate business strategy is the single most important factor in achieving vision, mission and goals, 3 . this provides a unique opportunity to view the organization holistically, with the principle focus being on the total organization and the total team as the underpinning concepts, and 4 . that people tend to do two things well, i.e. the things they regard as important and/or enjoy and those things that the boss regards as important and will check. References: Ivancevich, J. (2007). Human resource management (10th ed.). Boston: McGraw-Hill. ISBN: 9780073137117...
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