Importance of Human Resource Planning for Organizational Success: An Overview

 


 

 

The primary goal of HR planning is to boost its workforce productivity and performance.  It is an important component of organizational success because it enables companies to effectively assess the current workforce, identify future needs, and develop strategies to meet those needs. (Kenton, W.).

 

In this blog post, we will explore the importance of human resource planning and how it can impact an organization's success.

 

 

 

 

 

01. Forecasting future workforce needs.

 

 


 

 

An ideal HR planning forecast the workforce needs by considering current and future trends in the industry, retirement rates and turnovers. This will help the organization to identify the possible staff shortages or surpasses. Also, to develop strategies like staff recruitment, training or outsourcing functions to overcome them.

 

 

 

 

 

 

 

 

 

02.  Improve employee’s productivity.

 

 


 

Effective human resource planning can also help maximize employee productivity. This includes organizing training programs to develop both technical and soft skills of staff, creating a positive work environment, and providing staff with the resources they need to do their jobs effectively. By maximizing employee productivity, companies can increase efficiency and ensure that the right people are in the right positions to achieve success.

 

 

 

 

03. Ensuring obedience with labour laws and regulations.

 

 


 

Human resource planning also plays a critical role in ensuring agreement with labor laws and regulations to avoid legal issues and disagreements among staff. This includes laws and regulations related to equal employment opportunity, minimum wage, overtime, and workplace safety.

 

 

 

 

 

 

 

 

 

References

 

·         Dali, P. (2019). Human Resource Planning: Definition, Importance, Objectives, Process & Prerequisites. [online] Economics Discussion. Available at: https://www.economicsdiscussion.net/human-resource-management/human-resource-planning-definition-importance-objectives-process-prerequisites/31575 (Accessed: March 13, 2023).

 

 

·         ‌getuplearn.com. (2022). 10 Importance of Human Resource Planning. [online] Available at: https://getuplearn.com/blog/importance-of-human-resource-planning/ (Accessed: March 12, 2023).

 

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·         ‌ Kenton, W. (2022). How Human Resource Planning (HRP) Works. [online] Investopedia. Available at: https://www.investopedia.com/terms/h/human-resource-planning.asp (Accessed: March 13, 2023).

Comments

  1. Gayantha Costa14 March 2023 at 22:27

    Really an important article . Discussed regarding the importance of a main function of HRM Planning. Good approach. 👍

    ReplyDelete
  2. Dhanushka Jayanath 14 March 2023 at 23:04

    HR planning is a crucial element of organizational performance. nice point to write and Consist with necessary HRP points good job .

    ReplyDelete
  3. M.Kamal Priyashantha14 March 2023 at 23:09

    Hi,good job.I would like to add, HR planning is "the process for ensuring that the human resource requirements of an organisation are identified and plans are established for achieving those requirements," according to Bulla and Scott(1994)

    ReplyDelete
  4. W.J. Chrishan Fernando.15 March 2023 at 00:26

    Effective human resource planning also helps in maximizing employee productivity. good job keep it up.

    ReplyDelete
  5. RUSHNI YUSUF15 March 2023 at 02:19

    Great article on insights keep writing

    ReplyDelete
  6. Anton Perera15 March 2023 at 05:38

    Nice work.keep itup.

    ReplyDelete
  7. Tharanga Jayasundara15 March 2023 at 19:12

    I don't notice any analytical parts on the blog, despite the fact that you utilize a succinct and to-the-point approach when adding details, so it would be much appreciated if you could add your suggestions. Great work!

    ReplyDelete
  8. Iresha Udari18 March 2023 at 03:56

    Nice article and you have stated the importance of human resource planning for an organization.

    ReplyDelete
  9. Tharanga21 March 2023 at 22:47

    HR planning is critical to the success of any organization. By forecasting future needs, creating recruitment, and retention strategies, and developing employee skills, organizations can ensure that they have the right people in the right position to achieve their objectives. Well done.

    ReplyDelete
  10. Anushka Darshana28 March 2023 at 01:48

    In the broader HRP, the planning for human resources is crucial since it aids organisations in determining their future needs. This is accomplished by taking a close look at functions including the organisation's strategic plans, business plans, and long-term objectives. This details is used to determine the quantity and quality workers the organisation will require to meet its goals.

    ReplyDelete
  11. Asanka Devagiri2 April 2023 at 19:58

    Nice post, Human resource planning help business to do better with improving required talents of an employee. It also allow managers to train the workforce and assist them to develop the required skills to the expected level.

    ReplyDelete
  12. George Bertus7 April 2023 at 03:36

    HRP can help a company attract and retain employees needed. It is a critical part of HRM which is illustrated in this article. Good Job

    ReplyDelete
  13. Saraj Kahingala22 April 2023 at 06:13

    Hi Arjuna,Good Job. I would like to add below.
    Using human resource planning (HRP), a firm can more effectively identify and retain the best personnel to hire—talent with the necessary technical and soft skills to maximize their function within the organization. Additionally, it enables managers to give employees greater training and support as they acquire the necessary skills.

    ReplyDelete

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