Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, July 22, 2019 08:32:40 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

HR Planning

Make Decisions Ahead Of Time

By
06th-Jul-2019       
Comments
Share your thought
Post a comment »
Read all () »

Taslim Ahammad :
Human Resource (HR) planning is now an integral part of the main business strategy. On no account business can afford the risk of a critical skills shortage. Thus, HRP helps to ensure that business has right people within the team those with the skills to compete, innovate, or grow the company.
Plans are methods for achieving a desired result; it provides a sense of purpose and direction. It is a comprehensive framework for making decisions in advance. It also facilitates the business, leading, and controlling functions of management. Planning: allows the business to make decisions ahead of time, it helps to anticipate the consequences of various courses of action, it provides direction and a sense of purpose, it provides a unifying framework against which to measure decisions, and thus helps to avoid haphazard decision making. Planning also helps identify potential opportunities and threats, and facilitates control.
HR Planning is the systematic analysis of HR needs in order to ensure that correct numbers of employees with the necessary skills are available when it required. This process involves the critical task to balance the supply and demand of HR to optimally utilise the resources.
Main objectives of HRP: (i.) Guarantee plenty supply of resources, whenever there is a need. (ii.) It makes sure that the current manpower in the company is being used properly. (iii.) To foresee the potential requirements of manpower at various skill levels. (iv.) Evaluate excess or scarcity of resources that are available at the given point of time. (v.) Predict the impact of technological changes on the resources as well as on the kind of jobs they do. (vi.) Manage the resources that are already employed in the business. (vii.) Ensure there is a lead time available to pick and train any added human resource.
HR Planning model: Forecasting recruitment needs - There are a number of ways in forecasting business needs to know the exact number of employees required to run business. Factors to be considered are the economic situation of any given country, internal and external factors of a business and demand for products. Evaluate supply - In assessing this, there are aspects, one is the evaluation of the internal resources and the other is the prospective or external resources. Among the two, external factors require extra care; these include education, unemployment rate and law that are in existence. Evaluating these factors very closely will help the business in filling the right resources at the right time with the right skill set. Supply and demand balance - This element of HR planning is very important, as striking a balance between these two forces will help the business in understanding if there is shortage or excess of employees available in a particular group. It also helps in understanding as to the need of full time or part time needs of the business.
Steps in the HRP process: Current HR supply -Evaluating the current HR availability in the business is the foremost step in HR Planning. It includes a comprehensive study of the HR strength of the business in terms of numbers, skills, talents, competencies, qualifications, experience, age, tenures, performance ratings, designations, grades, compensations, benefits, and so on. At this stage, the consultants may conduct extensive interviews with the managers to understand the critical HR issues they face and workforce capabilities they consider basic or crucial for various business processes. Forecast HR requirements - Next step is to match the current supply with the future demand of HR, and create a demand forecast. Here, it is also essential to understand the business strategy and objectives in the long run so that the workforce demand forecast is such that it aligned to the business goals. Identify HR gaps- An effective HR plan walks the fine line between supply and demand. By evaluating the current HR capacity and projecting future requirements should have a clear picture of any gaps that exist. Using HR forecast can better judge if there will be a skills gap. Make sure all current employees being utilised in the right areas or would their skills be better suited to different roles.
Future HR demand -Investigation of the future workforce requirements of the business is the vital step in HR Planning. All the known HR variables like attrition, lay-offs, foreseeable vacancies, retirements, promotions, pre-set transfers, etc. are taken into consideration while determining future HR demand. Further, certain unknown workforce variables like competitive factors, resignations, abrupt transfers or dismissals are also included in the scope of analysis. Integrate the plan with your organisation's overall strategy -After measured current human resources capacity, projected future HR demands and identified the gaps, the final step is to integrate HR plan with business strategy. On a practical level, business will need a dedicated budget for HR recruiting, training or redundancies, and business will also need management buy-in across the business. Business will need cooperation and the necessary finances in order to implement the plan and a collaborative approach from all departments to put it into practice.
The HRP should not focus only on filling the vacant positions, but should emphasize on hiring the right person for the right job. It must also focuses on developing the skills of an existing employee through an interactive training program, with the intention to make them well equipped with the skills required in the future, for the attainment of the business objectives.
Therefore, a properly conducted process of HR Planning by an HR expert helps the business organisation in meeting its goals and objectives in timely manner with the right HR strength in action.

(Taslim Ahammad, Assistant Professor, Bangabandhu Sheikh Mujibur Rahman Science and Technology University, Gopalganj, Bangladesh)

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Taking law in own hand is an ominous sign


MOBS beat to death five people, including two women, and injured 10 others on suspicion of being child kidnappers across the country on Saturday. The incidents happened just a day after three people were beaten by a mob in Thakurgaon. Incidents of mob beating have increased even after the Bridges ...

International »

Abe on course to retain majority in upper house election


AFP, Tokyo :Japanese voters cast ballots Sunday in an upper house election, with Shinzo Abe's ruling bloc looking to protect its majority and keep on track plans to amend the country's pacifist constitution.The 64-year-old Abe, who is on course to become Japan's longest-serving prime minister, is also hoping to shore ...

Entertainment »

Mehazabien, Tawsif, Sabila Nur’s Eid drama Better half


Entertainment Report :Few days ago, a drama titled Swapno Dekhi Abaro, directed by Mahmudur Rahman Himi, was made with theme given by popular TV actress Mehazabien Chowdhury. Mehazabien also acted in this play against Shamol Mawla which will be telecasted in upcoming Eid. This time Imraul Rafat has made an ...

Editorial »

Administrative control over ACC only to happy the corrupts


ANTI-GRAFT campaigner Transparency International Bangladesh (TIB) has expressed deep concern and extreme disappointment over the government's decision for making Deputy Commissioners as authorised officers to oversee the Anti-Corruption Commission's work in the districts. The move will undoubtedly restrict the ACC's ability to fight graft and proper investigation into allegations of ...

Sports »

Penny drops for Canada's teen swim queen Oleksiak


Canada's Penny Oleksiak insists she has finally left the "weirdness" of capturing Olympic swimming gold at the tender age of 16 after finally recovering from a lengthy Rio hangover. Oleksiak, who is preparing for the world championships which begin in South Korea this weekend, stunned the sport when she dead-heated ...

International »

Thousands rally in support of Hong Kong police


AP, Hong Kong :Tens of thousands of people rallied in support of Hong Kong's police and pro-Beijing leadership on Saturday, a vivid illustration of the polarisation coursing through the city after weeks of anti-government demonstrations.Hong Kong has been rocked by more than a month of huge and largely peaceful protests-as ...

International »

US offers $7m to find Hezbollah agent as Pompeo visits Argentina


AFP, Buenos Aires :The United States on Friday offered a $7 million reward to find a Hezbollah operative accused of masterminding a deadly 1994 attack on a Jewish center in Buenos Aires, as Secretary of State Mike Pompeo sought to unite Latin American nations against the militants.Pompeo visited to mark ...

Entertainment »

Shilpa Shetty to return to the big screen after twelve years


Shilpa Shetty is all set to make a comeback on the big screen after a gap of twelve years. The actress was last seen in Dharmendra, Sunny and Bobby Deol starrer Apne (2007). Before jetting off on a holiday with family, Shilpa has green lit filmmaker Aziz Mirza's son Haroon ...

Editorial »

Corruption in WASA crosses all limits


THE Anti Corruption Commission has identified eight projects and three areas in Dhaka WASA where corruption takes place. The State enterprise keeps extending deadlines and increasing the costs of its projects to create room for corruption. In many cases, WASA did not carry out its work as per project designs ...

International »

UN reaches agreement with Yemen rebels to resume food deliveries


AFP, United Nations :The World Food Program has reached an agreement in principle with Yemen's Huthi rebels to resume food aid to areas they control, the agency's chief said on Thursday.Malnutrition is widespread in Yemen after four years of civil war, but the UN suspended deliveries of food aid to ...

Entertainment »

Shabnam Parvin’s Hurmoti film to be released after Eid


Entertainment Report :Viewers’ choice popular actress Shabnam Parvin has made a movie titled Hurmoti which is based on her own written story. Shabnam Parvin herself played the title role in the movie. Al Monjur wrote dialogue while script was also written by Shabnam Parvin herself. Shabnam Parvin informed that against ...

Editorial »

China funded projects: Delay would create problems


A JOINT working group has been formed to probe the slow progress of the 27 projects involving around $20 billion that China had agreed to provide during President Xi Jinping's Dhaka visit in October 2016. China has so far disbursed only $981.36 million -- less than 5 percent of the ...

Football »

Infantino reacts to Blatter criticism over Africa cleanup


AP, Cairo :FIFA president Gianni Infantino hit back at Sepp Blatter's criticism of the world soccer body's cleanup operation in Africa as a modern-day form of "colonialism."Infantino response on Thursday was: "I have to laugh about it."Blatter, the former head of FIFA who is serving a six-year ban from soccer, ...

City »

A vital portion of highway in Uttara near Armed Police Office is in dilapidated condition where big potholes and cracks following incessant rains for the last few days and works relating to metro-rail project, other development works. This photo was taken on Thursday.


International »

US against any country purchasing Russia's S-400 defence system: Pentagon


PTI, Washington :The US is keen to make its defence partnership with India stronger, the Pentagon has said, but made it clear that it is against any country purchasing military equipment, including the S-400 missile defence system from Russia, that is designed to counter America's sophisticated fifth-generation aircraft.The remarks by ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news