Management and Organizational Studies 1021A/B Study Guide - Final Guide: Bombardier Talent 2

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1021A/B
• Professor: Maria Ferrero

Document Summary

Should reflect anticipated changes as a result of retirements, promotions, transfers, voluntary turnover, and terminations as well as trends in the external labour market. supply, the planner can compare the figures to determine whether there will be a shortage or surplus of labour for each job category. based on the forecasts for labour demand and: determining expected shortages and surpluses allows the organization to plan ahead for how to address these challenges, goal setting & strategic planning, the purpose of setting specific numerical goals is to focus attention on the problems and provide a basis for measuring the organization"s success in addressing labour shortages and surpluses. 3: the final stage of human resource planning involves implementing the strategies and evaluating the outcomes, the organization must hold some individual with the necessary authority and resources accountable for achieving these goals, evaluation should focus on measuring these numbers as well as which parts of the planning process contributed to success or failure.