Analyzing and Planning Human Resource Essay

In this sample essay, we shall be discussing the topic of analyzing and planning human resource. Adding to that, we already know the human resource is one most crucial parts of any organization regardless of its goal. Moreover, planning in human resource helps companies organize their workforce as well as put them to effective use. If you are a student, this is an important topic that you should know and learn thoroughly.

In order to do that we will be discussing various topics related to the concept so that you can understand it well. Furthermore, the topics we will be discussing are as following: firstly we shall be looking at what is meant by analyzing and planning in human resource. After this, we shall be looking at the importance of the same. Later on, we will be discussing the process of planning in human resource and the steps involved in it. Moving on, we will be ending this essay with the advantage of analyzing and planning in human resource.

What is Analyzing and planning in human resource?

Human resource planning can also be referred to as HRP.  Moving on, it refers to the process of using a systematic approach to optimize the workforce of an organization. Adding to this, HRP ensures that the right people are hired for right as well as avoid workforce shortage or even surplus.

Moreover, HRP also involves forecasting the future needs of the organization and hire the right kind of people in the right number. In other words, providing a quality workforce at the right quantity. Adding to that, human resource determines workforce needs and develops plans to meet the need of business.

Importance of analyzing and planning in human resource

Any and every organization which has multiple employees which any given business does need human resource planning. Moreover, if an organization tries to avoid human resource planning, it will surely face challenges either with under or over staffing and even hiring the wrong people for the job. Nevertheless, human resource planning is important for a number of reasons. Some of these reasons are as mentioned below:

• HRP is important as it is better to hire according to needs rather than overstaffing.
• Planning helps in preventing the business from hiring unskilled staff or ill-equipped employees.
• Planning Provides the organization with competent Personnel.
• It enables the organization to optimally use manpower.
• Human resource planning enables a company to plan its expansion and diversification.
• Human Resource Planning contributes to management succession and development.
• It helps with planning for physical facilities

Steps of planning in human resource

As we know planning in human resource is a systematic process. Moreover, this process follows preplanned steps to achieve its goal. Moving on these steps are as mentioned below:

• Analyze Organizational Objectives
• Inventory of Current Human Resources
• Forecasting Demand and Supply of Human Resource
• Estimating Manpower Gaps
• Formulate the Human Resource Action Plan
• Integrating/Implementing the Plan
• Monitoring, Control, and Feedback

Advantage of planning and analyzing in human resource

In this section of the sample essay, we shall be discussing the advantages associated with planning analyzing in human resource. Moreover, apart from the obvious advantages, there are various other advantages. These areas mentioned below:

• Improvement of Labour Productivity
• Recruitment of Qualified Human Resources:
• Adjusting with the Rapid Technological Change:
• It helps in reducing Labour Turnover
• Control over Recruitment and Training Cost:
• Improvers mobility of Labour
• It can Facilitate Expansion Programme
• HRP Treats the Manpower like Real Corporate Assets

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