Being a HR Consultants, we are offering customized recruitment services or job placement services to corporates or multinationals. In the human resource industry, Manpower Planning is the foundation of leadership position, which consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Manpower Planning has to be a systems approach and is carried out in a set procedure.The procedure is as follows:
- Analyzing the current manpower inventory
- Making future manpower forecasts
- Developing employment programmes
- Design training programmes
Manpower Planning is a two-phased process because manpower planning not only analyses the current human resources but also makes manpower forecasts and thereby draw employment programmes. Manpower Planning is advantageous to firm in following manner:
- Shortages and surpluses can be identified so that quick action can be taken wherever required
- All the recruitment and selection programmes are based on manpower planning
- It also helps to reduce the labor cost as excess staff can be identified and thereby over staffing can be avoided
- It also helps to identify the available talents in a concern and accordingly training programmes can be checked to develop those talents
- It helps in growth and diversification of business. Through manpower planning, human resources can be readily available and they can be utilized in best manner
- It helps the organization to realize the importance of manpower management which ultimately helps in the stability of a concern