BUSN2038 Lecture Notes - Lecture 3: Succession Planning, Markov Chain, Nominal Group Technique
Document Summary
[lo2. 2 & 2. 3: outline the approaches of hr planning [lo4] How we forecast hr requirements & availability. Examine key environmental influences on/responses to hr planning. An activity carried out to ensure a match between the knowledge, skills & abilities the organisation will need in the future & those it will have available. To ensure that a predetermined number of persons with the correct skills are available at a specified time in the future. If you follow retrenchment, it might have implications on how many people you need to eliminate. Human resource planning and strategic hrm planning are often mixed up. To avoid such confusion, human resource planning is better described as employment planning. Hr planning at the operational level where it is concerned with detailed forecasts of employee supply (internal and external) and employee demand. In contrast, strategic hrm planning is concerned with defining philosophy, objectives and strategy, and precedes hr planning.