ECE _DSST _ Human Resource MGMT

Human resource planning human resources planning hrp

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Human Resource Planning Human Resources Planning (HRP) refers to the process of predicting and arranging in advance for the movement of persons into, within and out of a company. One of the aspects of HRP involves the movement of individuals out of the company if this would increase the efficacy of resource-use and lead to the achievement of the company’s goals. The specific aims of HRP is to plan for labor supply fluctuations ; devise job training programs and increase opportunities for hiring women, ethnic minorities, and disabled workers. It is important to be able to accurately predict labor trends, such as labor shortages and surpluses since this will impact on the execution of organizational goals. The process of HRP is especially important when a dramatic organizational change such as a merger , business relocation, downsizing or closure of facilities is considered. A merger will result in considerable change throughout the entire organization. Workers will be directly impacted and issues such as integration of the workforce and possible redundancies will have to be properly planned for.
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Where an organization has failed to carry out sufficient HRP, negative consequences such as vacant job positions, overhiring and the loss of competent personnel can result. If HRP is not well organized, then the situation may arise where one department lays off workers and another department hires workers for similar jobs in a different department. This may result in further unnecessary redundancies. HRP is connected to strategic planning to meet organizational goals in a three-step process involving strategic analysis, strategy formulation and strategy implementation . Strategy implementation refers to the execution of processes detailed in the strategic analysis and strategy formulation in order to obtain the desired results. Strategy formulation in strategic planning determines the proposed management methodology and defines performance expectations. The management methodology is critical as it covers areas such as the business mission, values, objectives and resource allocations. Strategic analysis refers to the definition of the context of the business goals, examination of the company’s strong points and weaknesses, and seeking out the competitive advantage by the HRM and top management. Examining the competition and then determining what the company’s competitive advantage is over other offerings is critical in ascertaining whether success can be attained. The modern company focuses their HR and strategic planning on core competencies to assist them in gaining a competitive advantage in their industry. Core competencies are skills that assist a company in excelling in their industry. The foundation of a company’s core competencies are their workers and their skills. Job analysis can be defined as the system of obtaining information
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Human Resource Planning Human Resources Planning HRP refers...

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