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Manpower Planning
A process by which an organization should more from its current manpower position to its desired manpower position. Forecasting future supply
Need: lRapid changes in Technology, lNeed for new s****s and employees, lChanges in organization design & structure, lDemographic changes like (age, ***, education), (Transfers, retirements..,) Pressure from trade unions, politicians Process Analyzing the organisation plans. (Sales, production, technology, financial, marketing plan) Forecasting the overall HR requirements (Future capabilities, knowledge, s**** of present employees) Supply forecasting HR. (Future supply=Present inventory + Potential additions+ Potential loss) Estimating the net HR requirement (Net = Future supply requirement – Present overall HR) Action plans if surplus or Shortage. (If surplus = Redeployment (Transfers) or Retrenchment/Redundancy (demotions, voluntary retirements) (If Shortage = Employment or Training or Development or internal mobility) Forecasting future supply from all sources (If deficit is estimated in any dept. mgt. has to forecast, from consultants/internal sources/Training institutes…) Action Plan (It may Transfer/promotion/training & development/recruitment…) |