Importance of Human Resource Planning

➦ Human resource planning  is the process of determining an organization’s human resource needs of the right people at the right time and right place who are capable and will help to achieve the organization’s overall objectives efficiently and effectively.

The importance of Human Resource planning is as follows:

1. Human Resource Planning (HRP) helps to ensure right people at right place at right time.

➦ They are capable of effectively and efficiently completing tasks that directly support the company’s mission and strategic goals.

➦ This means that HRP helps a company make sure they have the correct employees in the correct jobs when they need them.

➦ Imagine you’re playing a game, and you want to use the right tools at the right moment.

➦ HRP is like making sure you have the right tools (employees) ready when you need them to succeed in your business game.

➦ Imagine you have a soccer team. To win games, you need the best players on the field when you need them.

➦ HRP is like a coach’s plan. It makes sure you have the right players (employees) in the right positions (jobs) when you need them.

➦ This way, your team (company) can perform its best and achieve its goals.

2. Human Resource Planning (HRP) helps to cope with dynamic environment.

➦ HR planning helps to face the changes that may include competitive forces, markets, technology, products, government regulations, etc.

➦ These changes create a need to make changes in job contents, skills, demands of personnel, etc which may create a shortage of people in some areas and whereas surplus of people in another area.

➦ Therefore, HR planning helps to face these types of changes that may occur.

➦ Think of HRP as a superhero’s suit. In a world where things change quickly, businesses need to adapt. HRP helps companies be like superheroes.

➦ It helps them prepare for changes in the economy, technology, or the market. It’s like having a special suit that makes you ready for anything that comes your way.

3. Human Resource Planning (HRP) helps to win government contracts.

➦ There are thousands of companies all around the world that sell products and services to the government.

➦ In order to bid for government contracts and to be competitive, a firm must supply detailed information on its manpower resources and, must plan for and develop appropriate human resources.

➦ Imagine you want to build a sandcastle, and you need special tools. Sometimes, the government gives contracts to companies to build things.

➦ HRP is like getting the right tools (employees with the right skills) ready before you even start.

➦ This makes the government trust you because they know you’re prepared and can do the job well.

4. Human Resource Planning (HRP) helps to implement equal employment opportunity.

➦ The government’s equal employment opportunity and affirmative action regulations mandate that employers meet agreed goals for the employment and upgrading of protected categories of people in their workforces.

➦ Affirmative action programs must be implemented and monitored in regard to hiring, placement training, compensation, and development.

➦ Think of HRP as a fairness checker. It makes sure that everyone has a fair chance to work and grow in a company, no matter who they are.

➦ It’s like making sure every player gets a chance to score in a game. HRP helps companies follow rules that make sure everyone is treated equally, which is really important.

5. Human Resource Planning (HRP) helps in reduction of uncertainty.

➦ A proper HR plan evaluates the environment in which the organization operates, assesses the strengths and weaknesses of the organization, sets objectives, and determines programs for implementation.

➦ These clearly set-out objectives and evaluation somehow helps to reduce the uncertainty of the future.

➦ Picture a weather forecast. Knowing what the weather will be like helps you plan your day. HRP is like a business forecast.

➦ It helps companies predict what might happen in the future with their employees.

➦ This way, they can be ready for any surprises. It’s like having an umbrella when you think it might rain.

References

• Dalvi, P. (2019, June 20). Human Resource Planning: Definition, Importance, Objectives, Process & Prerequisites. Economics Discussion. https://www.economicsdiscussion.net/human-resource-management/human-resource-planning-definition-importance-objectives-process-prerequisites/31575

• Goddard, W. (2023, July 24). Why is human resource planning important? ITChronicles. https://itchronicles.com/human-resources/why-human-resource-planning-is-important/

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Smirti

(Founder of Management Notes)
MBA,BBA.

I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.

I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,

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