Programs for Human Resource Planning

Linear programming, e.g. to minimize total labour costs within certain constraints Goal programming, e.g. setting multiple goals such as increasing profits by 10% and hiring bilingual salespeople Computer simulation, e.g. to examine the effects of various programs to reduce surpluses or

HRP is a sub-system of total organizational planning. HRP facilitates the realization of the companys objectives for the future by providing the right type and number of personnel HRP is also called Manpower planning, Personnel planning or Employment planning

Objectives
S - Specific M - Measurable A - Attainable R - Relevant T - Time-bound

Competencies defined
A collection of characteristics (i.e. skills, knowledge and self-concept, traits, behaviour, motivation, etc.), that enables us to successfully complete a given task.

Skills

Knowledge

Self-concept (Attitude)

HR Planning
Now we link firms HRM practices to its strategic business needs identified by the strategic planning process HR Planning can be both short term and long term (three or more years)
Identify future needs Plan for meeting them

Demand Forecasting
Demand forecasting involves predicting the number and types of people the org will need at some future point Statistical approaches org predicts the needed workforce size based on certain business factors
Statistical approach is used when an org operates in a stable environment (patient load to predict number of nurses needed)explosive growth need more of a judgmental approach

Demand Forecasting
Trend analysismost commonly used statistical method
Demand for future human resources predicted on past business trends regarding a business factor (Discuss Figure 3-3 page 67 Ratio Analysisprocess of determining future HR demand by computing exact ratio between the specific business factor and the number of ees needed

Demand Forecasting
Ratio Analysis
Student-faculty ratio10,000 students and 500 professors 20:1 faculty student ratio. For every 20 students you have one professor. If enrollment increases by 1,000 students we would need to hire an additional 50 faculty Regression Analysissimilar to both trend and ratio analyses in that forecasts are based on the relationship between business factor and workforce size.
This method is more statistically based regression analysisscatter diagramDiscuss Figure 3-2 page 68

Planning Question
Where are we now? Where do we want to be? How do we get from here to there? How did we do? Where are we now?