Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set procedure.
Steps in Manpower Planning
Manpower, the current manpower status has to be analyzed. For this the following things have to be noted-
. Type of organization
. Number of departments
. Number and quantity of such departments
. Employees in these work units
Once these factors are registered by a manager, he goes for the future forecasting.
Once the factors affecting the future manpower forecasts are known, planning can be done for the future manpower requirements in several work units.
The Manpower forecasting techniques commonly employed by the organizations are as follows:
This includes informal decisions, formal expert surveys and Delphi technique.
Manpower needs can be projected through extrapolation (projecting past trends), indexation (Using base year as basis), and statistical analysis (central tendency measure).
It is dependent upon the nature of work load in a department, in a branch or in a division.
Whenever production and time period has to be analyzed, due allowances have to be made for getting net manpower requirements.
Several Mathematical models, with the aid of computers are used to forecast manpower needs, like budget and planning analysis, regression, new venture analysis.
Once the current inventory is compared with future forecasts, the employment programs can be framed and developed accordingly, which will include recruitment, selection procedures and placement plans.
These will be based upon extent of diversification, expansion plans, development programs, etc. Training programs depend upon the extent of improvement in technology and advancement to take place. It is also done to improve upon the skills, capabilities, knowledge of the workers.
