HUMAN RESOURCE PLANNING

Acc. Wendell french "human resource planning is the process of assessing an organization's human resources needs in relation to organizational goals and making plans to ensure that a competent, stable workforce is employed."

CHARACTERISTICS OF HRP

1.goal-oriented
2.future-oriented
3.quantitative and qualitative
4.time horizon
5.part of corporate plan
6.part of acquisition function
7.system


IMPORTANCE OF HRP

1.uncertainty reduction
2.objective focussed
3.environmental adaptation
4.acquisition of human resources
5.human resource development
6.utilization of human resources
7.helps coordination
8.human resource control
9.improve labour relations


HUMAN RESOURCE STRATEGY

Acc. Gary dessler " human resource strategy means to accept human resource function as a strategic partner in the formulation of a company's strategies as well as in the implementation of those strategies."

CHARACTERISTICS OF HRS
1.long-term horizon
2.goals-oriented
3.competitive advantage
4.environmental adaptation
5.integrated approach( akekrit)