hrp process
TRANSCRIPT
OVERVIEW OF HRP
HR-PROCESS
ORGANISATIONAL OBJECTIVES & STRATEGIES
External Environment Scanning
Analyze Internal Inventory
Forecasting
ORGANISATIONAL need for people
Survey of people available
HR strategies and Plans
• Considering the organisational objectives and strategies
• Then both external and internal assessment of HR needs and supply
• HIRS
• Once the assessment are complete , Forecast must be developed to identify the missmatch b/w HR Demand and supply
• Company level plan – long range plan • Departmental Plan - Medium range plan• Job Plan - Short range plan
Who is responsible for the process ?
• TOP LEVEL Executives/Management • Plans are usually prepared by the HR dept in
consultation with other corporate heads
BUT
• Responsibility and accountability for manpower aspects of various divisions is on their respective heads .
• Each dept should undertake – own appraisal of future need forecasting and plans
HR dept must offer – counsel and advice to various divisional heads
• Collect and summarise manpower data keeping long run objectives and broad organisational intent .
• Monitor and Mesure performance against the plan and keep to management informed
3 key element of the Process are
1. Forecasting the demand for labours2. Performing a supply analysis &3. Balancing supply and demand consideration.
Forecasting DemandFORECASTING DEMAND
External Organisational Work force
External
• Economic development • Social-political-legal • Technological challenges• Competitors
Organisational
• Strategic Plans• Budgets• Sales and production forecast• New venture
Work force
• Retirement • Resignation• Termination• Death • Leave and absent
FORECASTING HR REQUIREMENTS (DEMAND ANALYSIS)
(Trying to predict future staffing needs) Managerial EstimatesSales ProjectionsSimulationsVacancy Analysis (projected turnover)
FORECASTING HR AVAILABILITY (SUPPLY ANALYSIS)
(Predicting worker flows and availabilities)Succession or Replacement ChartsSkills Inventories (use of HRIS)Labor Market AnalysisMarkov Analysis (Transition Matrix)Personnel Ratios
Steps in HR Planning
• Forecasting – get ready for the future • Inventory – Know your Skilled employees and
deficency • Audit – We are not live in a static world • HR Resource plan – Look at career planning • Action Plan – know where you are growing • Monitoring and control – it has to be
controlled ,follow up
Real fact Majorities of the companies not having a sound
HRP