HRM200 Lecture Notes - Lecture 3: Quality Of Life, Carbon Footprint, Markov Chain

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM200
• Professor: Dean Bulloch William Peckham

Document Summary

Human resources planning (hrp) is a process that ensures an organization has the required number and type of employees to meet its strategic goals. Hr planners need to work with various levels of management to make decisions about how to manage labour surpluses and shortages. Ranges of internal and external options are available; organizations must choose solutions that fit organizational timelines and company culture. Human resources planning (hrp) is a proactive process of reviewing human resources requirements to ensure that the organization has the required number of employees, with the necessary skills, to meet its goals and objectives. It means having the right people with the right skills in the right place at the right time. Hrp (cid:271)oth a(cid:374)ti(cid:272)ipates a(cid:374)d i(cid:374)flue(cid:374)(cid:272)es a(cid:374) orga(cid:374)izatio(cid:374)"s future (cid:271)(cid:455) s(cid:455)ste(cid:373)ati(cid:272)all(cid:455) fore(cid:272)asti(cid:374)g the demand for and supply of employees under changing conditions, and developing plans and activities to satisfy these needs.