Professional Documents
Culture Documents
Bba 202 SM05
Bba 202 SM05
& Development
Content
•It gives the company the right kind of workforce at the right time frame and in right figures.
•In striking a balance between demand-for and supply-of resources, HRP helps in the optimum usage
of resources and also in reducing the labor cost.
•Cautiously forecasting the future helps to supervise manpower in a better way, thus pitfalls can be
avoided.
•It helps the organization to develop a succession plan for all its employees. In this way, it creates a
way for internal promotions.
•It compels the organization to evaluate the weaknesses and strengths of personnel thereby making
the management to take remedial measures.
•The organization as a whole is benefited when it comes to increase in productivity, profit, skills, etc.,
thus giving an edge over its competitors.
Objectives Human Resource Planning
• Proper assessment of human resources needs in future.
• Anticipation of deficient or surplus manpower and taking the
corrective action.
• To create a highly talented workforce in the organization.
• To protect the weaker sections of the society.
• To manage the challenges in the organization due to
modernization, restructuring and re-engineering.
• To facilitate the realization of the organization’s objectives by
providing right number and types of personnel.
• To reduce the costs associated with personnel by proper
planning.
• To determine the future skill requirements of the organization.
• To plan careers for individual employee.
• Providing a better view of HR dimensions to top management.
• Determining the training and development needs of
employees.