What Are The Benefits of Advantages of Manpower Planning?
What Are The Benefits of Advantages of Manpower Planning?
What Are The Benefits of Advantages of Manpower Planning?
2.
An organization lead by HR (Human Resources Management) & it’s bring the benefits & profit for the
company from each & every department.
Every organization has their own HR processes, but the main HR Processes are always same in all companies as
it is the market HR Best Practices.
Human Resource Management is considered as a comparatively new approach to Personnel Management. HRM
emphasizes primarily on its strategic contributions and its closer alignment to business, HRM is a vital
component of any organization, its involvement among other components of line management is notable
Environmental Uncertainties
Political, social and economic changes affect all organizations. Personnel planners deal with environmental
uncertainties by carefully formulating recruitment, selection, and training and development policies and
programs
Time Horizons
Yet another major factor affecting personnel planning is the time horizon. A plan cannot be for too long on a
time horizon as the operating environment itself may undergo charges. On one hand, there are short-term plans
spanning six months to one year. On the other hand, there are long-term plans -which spread over three to
twenty years. The exact time span, however, depends on the degree of uncertainty prevailing in an
organization’s environment.
Labor Market
Labor market comprises people with skills and abilities that can be tapped as and when the need arises.
When one talks about labor supply, the following deserve due consideration:
• The size, age, sex and educational composition of the population
• The demand for goods and services in the country
• The nature of production technology
• Employability of the people
Benefits/Advantages of Manpower Planning: