Manpower Planning
What is manpower planning?
Manpower planning, another adjectival phrase of human resource planning, is the strategic process of estimating the organization’s future needs of the workforce and making arrangements to acquire right individuals with the right skills at the right time to accomplish the organizational goals.
What is manpower planning for?
Human Resources planning is significant as it helps in aligning a workforce with strategic goals, efficacious utilization of resources, attracting and retaining best human resource, minimization of risks and adjusting to the changing business conditions effectively.
What are the advantages of human resource planning?
Advantages of manpower planning include the matching of workforce supply with organizational needs, the optimized utilization of the workforce, cost savings, improved productively and performance, talent acquisition and retention, employees engagement and satisfaction, risk mitigation, flexibility and adaptability, and compliance with legal and regulatory requirements.
What are the issues in workforce planning?
The challenges to manpower planning are unrealistic forecasts, dynamic business conditions, skill shortages, staff turnover, technological revolutions, demographic shifts, globalization and diversification, budget restraints, resistance to change, and data quality and analytics problems.
What are the ways to control the obstacles of the personnel planning?
Organizations could avoid manpower planning challenges by implementing robust data analytics, promoting change adaptability, taking care of employees’ engagement and development, and applying pro-action strategies to solve specific problems of skill scarcity and staff turnover.