5) Human Resource Planning
Human Resource Planning (HRP)? Human resource planning (HRP) is the continuous process of systematic planning ahead to achieve optimum use of an organisations most valuable asset—quality employees.Human Resources planning ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses. Robbins (2001) defines HRP as “the process by which an organization ensures that it has the right number and kinds of people at the right places, at the right time, capable of effectively and efficiently completing those tasks that will help the fulfill organization’s overall objectives.” Why is HR planning important? Increases the value of current employees: Human resource planning emphasizes reviewing current employees, their job titles and additional skills that make them vital to company operations along with training needs. Helps companies adapt to industry changes: By making use of human resource planning, companies can anticipate changing needs in ta...