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Manpower planning is a process of assessing the need for manpower keeping in view the overall Organizational objectives and policies, forecasting the supply of manpower and matching the demand and supply with the help of various manpower programmes. It also consists of overseeing implementation and evaluation of the plan and final integration with the other human resource plans.
The steps required in manpower planning:
1. Examining organizational objectives and policies
2. Assessing manpower demand
3. Forecasting supply of manpower
4. Gap analysis
5. Designing manpower programmes
6. Manpower plan implementation
7. Evaluation and feedback
Significance of Human Resource Planning or Manpower planning
Provides quality workforce
Effective Human Resource Planning fulfills the organization needs for a quality workforce. Quality workforce aids in giving a company a competitive advantage over its rivals.
Reduces labor costs
A proper Human Resource plan reduces labor costs substantially by maintaining a balance between demand for and supply of HR i.e. works as a cost saving device for the company.
Facilitates rise in skills
It facilitates the rise in skills, abilities and potential of the workforce through training and development. Training employees helps them improve in their working capacity thus tend to develop to a quality workforce.
Effective motivation
An effective Human Resource Plan provides multiple gains to the employee by way of promotions, increase in salary and other fringe benefits. This definitely boosts employee morale.
Safety of health
It provides for welfare, health and safety of its employees thus leads to an increase in productivity of the employees in the long run.
Key to managerial functions- The four managerial functions, i.e., planning, organizing, directing and controlling are based upon the manpower. Human resources help in the implementation of all these managerial activities. Therefore, staffing becomes a key to all managerial functions.
Efficient utilization- Efficient management of personnel becomes an important function in the industrialization world of today. Setting of large scale enterprises requires management of large scale manpower. It can be effectively done through staffing function.
Better human relations- A concern can stabilize itself if human relations develop and are strong. Human relations become strong through effective control, clear communication, effective supervision and leadership in a concern. Staffing function also looks after training and development of the work force which leads to co-operation and better human relations.
Higher productivity- Productivity level increases when resources are utilized in best possible manner. Higher productivity is a result of minimum wastage of time, money, efforts and energies. This is possible through the staffing and its related activities (Performance appraisal, training and development, remuneration)
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What are the problems of manpower planning?
What are the problem of manpower planning
Difference between manpower planning and workforce planning?
There is absolutely no difference between manpower planning and workforce planning.
What are the limitations of manpower planning?
Manpower planning requires optimal use of the manpower in the industry. The biggest limitation is that optimal use of manpower is not being used in most industries.
What is the Difference between career planning and manpower planning?
career planning is when you plan to take some of the workers to further their studies while manpower planning is when you plan to fill vacant position by relevant candidates.
Why are managers interested in manpower planning?
Managers interested in manpower planning so that they know who will be available to be allocated to which tasks at what time.
What disadvantages are there in manpower planning?
NOTHING
What is manpower approach in educational planning?
Manpower relates to the number of employees. For educational planning, teachers, aides and possibly security or a principal is needed.
Disadvantages of manpower planning?
Manpower planning is planning of an organization is to have right number of people with right skills and abilities at right place and at right time. The disadvantages of manpower planning is cultural shift, i-e some employees are inflexible and work in the way they were originally trained. secondly, large investment is needed for training, that can be unsuitable for small businesses.
What are the differences and similarities between Manpower Planning and traditional human resource planning?
Manpower planning is a procedure or tool for forecasting the number of workers a company will need in future years. It is a traditional function of a human resources department. If you are referring to the company Manpower Planning, then the difference would be external planning as opposed to internal HR planning. You'd essentially be outsouring the job to someone else. The methods of forecasting, whether done by an independent analyst at Manpower or an internal HR manager, are basically the same.
What are the types of human resource planning?
There are two types of manpower planning, on the basis of time span, i.e., short term manpower planning and long term manpower planning.short term manpower planning as the name suggests is made for a short time, i.e., for a period of not more than two year.long term manpower planning is concerned with all jobs and persons at once- with matching total available personnel in the organization to total job requirement. it is concerned with fulfilling future vacancies, rather than mathing the present incumbents to present job requirement.
How does manpower planning help to improve their efficiency?
Manpower planning helps efficiency to a degree. Not enough to be 'nit-picking' , yet enough that the job progresses daily at a planned rate.
What is Short term and long term manpower planning?
Short term manpower planning is concerned with the process of matching existing employees with their present jobs so as to perform efficiently. Long term manpower planning, on the other hand, involves adjustments that covers a longer period like 15 to 20 years.
