Human resource managers oversee the most important component of a successful business or organization – its workforce. Human resource professionals need to garner a particular mindset – one that views human resources in an organization as assets and not as expenditure to the organization. A talented workforce can be used strategically to expand and grow an organization both qualitatively and quantitatively.
Human resource planning is an integral business practice. The series of processes and initiatives in recruiting, selecting and hiring new candidates, managing employees, analyzing current, as well as future workforce requirements are all essential to the human resource planning process. Strategic, targeted HR planning help organizations cope with long-term resource needs and achieve collective and individual goals for a business or organization. There are online courses in HR which can help you be imbibed with the knowledge and skills required to do human resource planning. HR courses in XLRI are top-rated programs that train you in the discipline and knowledge of HR planning.
The following are some purposes and objectives of human resource management – requirements at the heart of the job. HR courses in XLRI are designed to give you the training required to fulfil these purposes with ease.
Human Resource Planning (HRP) Meaning, Process, and Examples
Matching Organizational Goals
Once a human resource department charts out a broad human resources development strategy and recruitment and selection policies, the HR department must start laying down a plan to determine human resources needs of the organization and allocate monetary resources. It is important to look after the needs of employees as well, and HR professionals need to align employee-centric initiatives with company goals. HRM departments are solely responsible for the execution of all responsibilities in pertinence to the workforce, i.e. human resources.
Competitive Forces
Talent and human resources are competitive aspects of a globalised and interconnected marketplace. HR departments have to take cognizance of rapid changes in the market and be pragmatic in making plans. Evolution of technology and expanding needs have changed the nature of work. Employees need to update themselves constantly to compete and companies have to make an effort to stay relevant. HR courses in XLRI equip their students with the necessary information to anticipate developments in the market and take initiatives to keep the workforce up to date.
Improvement of Skills
For succeeding in the long term, an organisation has to perform consistently. To ensure that, HR professionals have to go out of their way to churn out the consistently excellent performance of employees. To constantly improve the skills of the workforce, a human resource department needs to apply methods to develop better work ethics, an impeccable work culture, and an attitude to keep learning. HR professionals must work to facilitate the workforce in picking up technological advances swiftly and incurring newer certifications and vocational, skill-based qualifications. This is an ongoing process, and one of the major responsibilities of an HR team is to facilitate these developments continuously and sporadically. Online courses in HR can introduce you to implement means to develop a dynamic, perpetually learning workforce.
Performance Reviews and Appraisals
Performance reviews are an integral part of the human resource planning process. Appraisals reflect the commitment of a human resource department to acknowledge the importance and role of the workforce in a business or organization. A routine, sporadic performance appraisal is the key to keeping employees motivated and focused and urge them to fine-tune their skills. By assessing the potential of employees regularly and by motivating them to improve, a company is more likely to rapidly achieve its organizational goals. Periodic performance reviews must be conducted by senior managers and supervisors.
Continued Monitoring
This purpose is achieved by giving regular feedback to employees. HR courses in XLRI lay emphasis on the importance of continued monitoring of employees to ensure that their individual objectives are ideally aligned with organizational objectives.
Mentorship & Informal Management
Employees seek approval, recognition and guidance from leaders and senior managers. It gives them a sense of direction to know that their work is being evaluated. Human resource planning is also about managing employees and their expectations. Human resource professionals should mentor and guide new hires to acquaint them with organizational objectives. HR personnel are responsible for establishing employee-employer relationships and understanding and empathizing with expectations of both parties.
Anticipation & Advanced Planning
Advanced planning is essential for managerial success. This entails setting clear, measurable and attainable standards for management as well as the workforce. HR professionals must identify the potential of the workforce and assign jobs according to strengths. They must modify the expectations of the management according to their assessment of available resources, talent, budget, and time. The human resource department encapsulates the whole planning aspect of any project taken up by a company.
Managing Time
Human resource planning is also required for the division of tasks taking into consideration the time available. HR professionals must see to it that employees are allocated work that they can complete in time without getting overburdened, and monitor if deadlines are being met.
The Bottom Line
It must be clear that human resource planning is the bulk of the job of human resource management. Any human resource program will begin your training by reacquainting you with the indispensability of proper and systematic human resource planning. The job of human resource managers rests on their ability to anticipate and plan. Pragmatism is key to the job. HR courses in XLRI are top-ranking programs that teach you to predict the needs of an organization, ensuring that the end goal is achieved no matter what obstacles come your way. This training is bound to help you enter the job with confidence and an edge over your contemporaries.
More Information:
Six Main Functions of Human Resource Management
Why Should I Choose a Career in Human Resource Management?
How to grow your career in Human Resource Management in 2022?
Professional Certificate Programme In HR Management And Analytics from IIM KOZHIKODE/UPGRAD
