Human resource planning
Human resources planning It is the backbone of human resources management and development. It may be defined as an articulated business strategy based on current and future business forecast for the acquisition, utilization, development, and retention of an enterprise’s human resources. The strategy articulates the need as it exists today and the plan necessitates formulation of the goals and action plan for achievement of the people plan. The process facilitates hiring and retaining the right profile of people at varying jobs, positions, places and time frames depending on the organizational need. Hr planning: purpose and goals The purpose and goals of HR planning are mainly: · To ensure optimum and effective use of human resources currently employed; · To research and reconfigure new skill sets to cope with organizational needs given depleting relevant skills population ...