Management and Organizational Studies 3383A/B Lecture Notes - Lecture 5: Tylenol (Brand), Unemployment Benefits, Job Sharing

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Why is strategic hr planning important to organizations: because it attempts to balance between the work that needs to be done and the workforce that performs the tasks to do the work. Exercise: describe the strategic hr planning important to organizations: a hospital does not have enough nurses, a university does not have enough professors. Human resources forecasting: constitutes the heart of the hr planning process, and can be defined as ascertaining the net requirement for personnel by determining the demand for and supply of human resources now and in the future. The following personnel categories are given greater-than-average attention in the forecasting process: Designated group: groups deemed to need special attention due to the persistent disadvantages they face in the labour market (they typically receive the most discrimination within organizations) The relative balance of internal to external personnel to be selected for training courses is a key factor in the hr forecasting and programming operations of many organizations.

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