Human Resource Planning

Human resource is the main part of the business for any organization. Human resource planning in the business practice should represent generally used and key activity for human resource management because HR in the enterprise and it helps to avoid wastage of human resources. Human resource planning allows to forecast the future manpower requirements and also to forecast the number and type of employees who will be required by the enterprise in a near future. In the long term period, success of any enterprise depends on whether the right people are in the right places at the right time, which is the nature of human resource planning.Human resource planning has traditionally been used by organizations to ensure that the right person is in the right job at the right time. Under past conditions of relative environmental certainty and stability, human resource planning focused on the short term and was dictated largely by line management concerns. Increasing environmental instability, demographic shifts, changes in technology and heightened international competition are changing the need for and the nature of human resource planning in leading organizations. Planning is increasing the product of the interaction between line management and planners. Increasing environmental instability, demographic shifts, changes in technology, and heightened international competition are changing the need for and the nature of human resource planning in leading organizations. Planning is increasingly the product of the interaction between line management and planners. Basic process of human resource planning is not only comparing present human resources to future needs but also to identify skill and competency gaps. Competency gap analysis helps to develop required competency line with the organizational mission, vision and strategic objectives. HRP provides strategic basis for taking HR decisions and anticipating change