IMPORTANCE OF HUMAN RESOURCE PLANNING

IMPORTANCE OF HUMAN RESOURCE PLANNING

      Human resource planning assumes a crucial role in the future success or failure of an organisation. It enables a manager to predict his manpower requirements, to determine the deployment of personnel and to control wage and salary costs. It is clearly an attempt to prepare the organisation for the future, its importance is described under the following heading:

1. Helpful in Different function of the organisation: Human resource planning is helps in deciding the following plans:

(a) Recruitment plans: to avoid unexpected shortage etc;

(b) The identification of training needs: to avoid skill shortage;

(c) Management development: in order to avoid managerial shortage;

(d) Industrial relations plans: to avoid industrial unrest.

(e) Modernization plans: this is helpful in future expansion.

2. Maintain Future Requirements Needs: Human resource planning not only provides information to guide current staffing needs, but also provides projections of future human resource needs and availability.

3. To Match Growth Needs: Human resource planning attempts more radically to cater the potential and development needs of employees in order to foster quality, commitment and productivity in the workforce. It attempts to treat employees as a resource to be developed.

4. Maintain Balance between Personal and organisational goals: Through the human resource planning, the culture of ‘one large family’ can be created in which the needs and ambitions of the individual are joined with those of the organisation.

5. To Avoid Development Needs: To change the quantity and quality of employees will require careful human resource planning is an organisation is to avoid industrial unrest.

6. Flow of Individual: Human resource planning build up a picture of resource flows. It provides data on when, where and how many employees need to be recruited.

7. Importance for Smooth Management Function: Human resource planning is a critical managerial function because it gives the picture of succession and development plans and because it is an attempt to reduce shocks and disturbance.