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Human resource planning and the contemporary firm
In the past, personnel people tended to focus on employing the people they needed as the need for them arises and training people that needed extra skills now with very little thought for the future. ... Today human resource managers have come a long way from the role they played in the past. ... Notions like the flexible firm, how to achieve a flexible workforce. ... Realisation that the retention and development of labour is much more profitable and advantageous to the firm propelled human resourcing and human resource planning to a leading role in the management and the formulation of strategies for any successful firm. ... For a firm to work effectively it needs to plan for these changes and how it’s going to achieve it’s goals in this changing environment. “ The purpose of manpower planning is to provide continuity of efficient manning for the total business and optimal use of manpower resources. ... It is an important part of human resource planning to forecast and formulate strategies to acquire not only the right number of people but also the right kind and quality of people needed by the firm. “ Manpower planning is concerned with the future effects of employment decisions made today. ... The first thing that needs examining is where the firm stands and where it is going. ... In other words for the HR plan to be effective HR specialists need to be totally involved it the business planning process. ...
After gaining a comprehensive perspective on where the firm stands and where it is headed a forecast not only of the firm’s demand for labour but first the structure of the firms labour force should be considered.
Approximate Word count = 1339 Approximate Pages = 5.4 (250 words per page double spaced)
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