Human Resource Planning Process Importance of HR Planning, Advantages of HRP, Limitations of HRP

1. HUMAN RESOURCE MANAGEMENT
PROCESS
PRESENTED BY :-
ROSHAN DEVADIGA

2. DEFINITION
“HR planning is the process by which a firm
ensures that it has the right number of
people and the right kind of people at the
right places at the right doing work for which
they are economically most useful.”

3. IMPORTANCE
Future Manpower Needs
Coping with Change
Recruitment of Talented Personnel
Development of Human Resources
Proper Utilization of Human
Resources

4. HR PLANNING PROCESS
Assessing Human Resources
Demand Forecasting
Supply Forecasting
Matching Demand and Supply
Action Plan

5. ADVANTAGES
 Anticipating future requirement
 Recruitment and selection process
 Placement of personnel
 Promotion opportunity
 Reducing Labour Turnover
 Training

6. LIMITATIONS
 The future is uncertain
 Conservative attitude of top management
 Problem of surplus staff
 Time consuming activity
 Expensive process