Human Resource Planning
Human Resource Planning What is Human resource planning? Human resource planning helps organizations identify current and future workforce needs as they relate to the overall strategic priorities for the company. It is the steps and processes that organizations take to properly plan their HR requirements and programs to ensure they are in alignment with the company’s strategic plan (visier.com, n.d.) . Human resource planning, also known as workforce planning , helps organizations recruit, retain, and optimize the deployment of people needed to meet strategic business objectives and to respond to changes in the external environment. In order to proactively avoid talent shortages or surpluses and achieve a balance of talent based on need, effective human resource planning is an ongoing, systematic process (Simon, 2017) . Importance of HR Planning. Increases the value of current employees - Human resource planning emphasizes reviewing curr...