Preview

Assignment for HRP

Powerful Essays
Open Document
Open Document
1264 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Assignment for HRP
FEDERATION UNIVERSITY

INDIVIDUAL WRITTEN ASSIGNMENT

Introduction to Human Resource

Define the concept of a Human Resource Planning. Then discuss any three factors that impact on HRP, using relevant examples to your answer.

Student’s name: Anh Khoi Do
Tutor: Di Blackwood
Due Date: 15 Aug, 2014

1.Definition of Human Resource Planning - HRP “The ongoing process of systematic planning to achieve optimum use of an organization's most valuable asset, its human resources. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labour demand, analysing present labour supply, and balancing projected labour demand and supply.”
[http://www.investopedia.com/terms/h/human-resource-planning.asp]
It means that Human Resource Planning is the process of predicting about demand and supply for workers as well as increasing their skills within the purpose or the strategic of the organization. In addition, Human Resource Planning is the process that defines the available employees and future human resources which is to be demand for a company to get their goals. It responds to the importance of business campaigns and planning to make sure that the quality and quantity of workers are efficiency. Therefore, we can say that HRP is the principle activity of HRM.
1. Explain the meaning of Human Resource Planning - HRP
“The HR plan needs to be flexible enough to meet short-term staffing challenges, while adapting to changing conditions in the business and environment over the longer term. Human resource planning is also a continuous process.”
[http://www.investopedia.com/terms/h/human-resource-planning.asp]
2. Explain the meaning of planning process. “The planning processes of most organizations define what will be accomplished within a given time frame,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In 200 – 250 words, what is Human Resources planning? How does the HR planning process facilitate the achievement of an organization's strategic objectives? Use examples pulled from an organization with which you are familiar.…

    • 513 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Human resource planning is used to structure and meet organizational goals while taking into account four specific activities: job analysis, human resource inventory, human resource forecasting, and inventory and forecast comparison. With job analysis, groups of jobs are studied to ascertain their basic duties and the human characteristics needed to perform them. A human resource inventory determines staffing, along with their current qualifications and future prospects. “The human resource forecast is based on both short- and long-term plans and strategies for the company and its various parts” (Plunkett, Allen, & Attner, 2013, p.). Lastly, a comparison is made between the inventory and the forecasted needs to determine if reduction, growth, or retaining the status quo is the best strategy to adhere to.…

    • 1874 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Human resource planning is the process by which management figures out how to move businesses forward from its current position to the aspiration future placement. Effective planning will result in the organizational management having the right kinds and right number of people doing things that result in the worker and the organization having maximum long-run benefits.…

    • 1033 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Bus303 Final Paper

    • 1655 Words
    • 7 Pages

    Human resource planning is “the ongoing process of systematic planning to achieve optimum use of an organization's most valuable asset - its human resources.” (http://www.investopedia.com) The main goal of human resource planning…

    • 1655 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Unit 1

    • 1127 Words
    • 5 Pages

    3.describe the terms HR planning and evidence-based HR. How do these concepts help HR in supporting the org strategy?…

    • 1127 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Cmi 3004 & 3006

    • 2452 Words
    • 10 Pages

    “The human resource planning process, demands the HR manager to first understand the business requirement. Only if he comprehends the nature and scope of the business, will he be able to employ those who will deliver the required performance. When it comes to engaging the manpower, the manager should have a keen eye for spotting the talent. It ensures that the workforce is competent enough to meet the targets.…

    • 2452 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Recruiting and Selection is all about “hiring the right person for the right job at the right time.” Even a single wrong hire can affect the operations of the business and can cost the firm a fortune. In order to avoid making a bad hire, HR managers must carefully conduct and analyze the Human Resource Planning (HRP) process. HRP is a process used by the organizations to ensure that it has right amount and kind of people to fulfill its particular goals in future. This is done by forecasting the Labor Demand for future and matching it with the forecasted Labor Supply of the firm. Organizations that do not conduct HRP or don not perform HRP properly may not be able to meet their future labor shortage or may have to resort to layoffs due to labor surplus.…

    • 3528 Words
    • 101 Pages
    Powerful Essays
  • Good Essays

    Describe the internal and external factors to be considered when planning the human resources requirements of an organisation.…

    • 752 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Planning is a vital process to any organisation as strategies are developed and tasks are devised to achieve the goals. HR Planning also known as ‘Workforce Planning’ which is a term heavily adopted in the public sector (Michael Armstrong 2009) is a process, which enables HR professionals, and employers to assess the organisation position (internal and external) and determine whether or not they have the right number of people with the right skills to achieve the organisation objectives (David Farnham, 2006). The role of HR planning is regarded as an important activity as it supports the overarching HR systems that are aligned to the corporate strategy. HR Planning is a systematic approach which can enable the organisation to forecast for future demand and supply, engage in the recruitment process to acquire the right skills and attitudes and look at existing human resources to establish whether or not development of existing resources are required to meet the future needs of the…

    • 2395 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Tesco Hrpp

    • 4561 Words
    • 19 Pages

    Human resource planning is the development of strategies for matching the size and skills of the workforce to organizational needs. It assists organizations to recruit, retain, and optimize the deployment of the personnel needed to meet business objectives and to respond to changes in the external environment. The process involves carrying out a skills analysis of the existing workforce, devising manpower forecasting, and taking action to ensure that supply meets demand. This may include the development of training and retraining strategies. As companies reorganize to gain competitive edge, human resources play a key role in helping companies deal with a fast-changing competitive environment. To be more precise, human resource planning includes gathering data that can be used to evaluate the effectiveness of ongoing programs and inform the organization when revisions in their forecasts and programs are needed. In fact, the term human resource planning has earned greater importance in the recent year when globalization, new technologies, economic condition and a changing workforce seem particularly important.…

    • 4561 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    2. Question: Describe the steps that Natural Knibbles would need to take to develop an effective HR plan.…

    • 997 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    P1: Describe the internal and external factors to be considered when planning the human resources requirements of an organisation.…

    • 343 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Human Resource Planning is the process of anticipating and carrying out the movement of people into within and out of the organization. Human resources planning is done to achieve the optimum use of human resources and to have the correct number and types of employees needed to meet organizational goals.…

    • 12275 Words
    • 38 Pages
    Powerful Essays
  • Best Essays

    Hr Planning at Qantas

    • 3268 Words
    • 14 Pages

    From a theoretical perspective, Human Resource (HR) Planning is the process of making the most efficient use of a company’s most valuable asset, its people. Allocation decisions are made in regards to company structures, processes and human resource to meet the company’s strategic goals. The objective is to make the best fit between the number of employees and jobs required, by balancing the company labour supply and demand needs (Aswathappa, 2005).…

    • 3268 Words
    • 14 Pages
    Best Essays
  • Better Essays

    Management

    • 1414 Words
    • 6 Pages

    Human resource planning determines the human resources which are required by an organisation in order to achieve its strategic goals. According to Bulla and Scott (1994), an organisation is supposed to identify all its human resource requirements, and human resource planning is the process to make sure that all of those requirements are satisfied. In human resource planning, people are defined as the most important strategic resource. Human resource planning is concerned to achieve both long term requirements and short term requirements of an organisation. For an organisation, the effectiveness could be improved by the employment and development of people, as a result of applying human resource planning. Therefore, human resource planning plays an important role in management.…

    • 1414 Words
    • 6 Pages
    Better Essays