MHR 523 Lecture Notes - Lecture 3: Succession Planning, Nominal Group Technique, Shortage

• School: Ryerson University
• Department: Human Resources
• Course: MHR 523
• Professor: Tingting Zhang

Document Summary

Human resources planning: the process of forecasting future human resources requirements to ensure that the organization will have the required number of employees with the necessary skills to meet its strategic objectives, helps organization. Anticipate and avoid shortages and surpluses of human resources. Human resource forecasting: forecasting the availability of candidates (supply, forecasting future hr needs (demand, planning and implementing hr programs to balance supply and demand. Considerations: organization"s current and expected organizational and hr policies, changes to the external labour force. An assessment of external factors influencing the organizations ability to find and secure talent from the external labour market. Su(cid:373)(cid:373)a(cid:396)(cid:455) of cu(cid:396)(cid:396)e(cid:374)t ees" educatio(cid:374), e(cid:454)pe(cid:396)ie(cid:374)ce, i(cid:374)te(cid:396)ests, a(cid:374)d skills. Used to identify eligibility for transfer/promotion: management inventories. Su(cid:373)(cid:373)a(cid:396)(cid:455) of (cid:373)a(cid:374)age(cid:373)e(cid:374)t e(cid:373)plo(cid:455)ees" (cid:395)ualificatio(cid:374)s, skills, i(cid:374)te(cid:396)ests, (cid:373)a(cid:374)age(cid:396)ial responsibilities. Used to identify eligibility for transfer/promotion: replacement charts. Depiction of who will replace whom in the event of a job opening.