HROB 4060 Lecture Notes - Lecture 2: Job Sharing, Tradesman, W. M. Keck Observatory

• School: University of Guelph
• Department: Human Resources and Organizational Behaviour
• Course: HROB 4060
• Professor: Mir Lofti

Document Summary

Hr forecasting heart of the hr planning process; ascertaining the net requirement for personal by determining the demand for and supply of human resources now and in the future. 3 categories transaction-based forecasting forecasting that focuses on tracking internal change by the o(cid:396)ga(cid:374)izatio(cid:374)"s (cid:373)a(cid:374)age(cid:396)s. Event-based forecasting concerned with change in the external environment. Effectiveness also hinges on the fine balance between local and global processes. Goal of hr forecasting is to obtain sufficient numbers of trained ee to fill the jobs when they need to be filled. Environmental and organizational factors affecting hr forecasting key to incorporate flexibility into the program responses associated with demand and supply forecasts. Hr forecasting time horizons key point to consider from an analysis of enviro and org factors is that uncertainty decreases our confidence in our ability to predict the future accurately and hence reduces the hr forecasting time horizon. The outcome of forecasts derived from these time horizons leads to predictions and projections.