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Human Resource Planning Definition Of Human Resource Planning Objective of Human Resource Planning Human Resource Planning Steps Importance of Human Resource Planning Need Of Human Resource British American Tobacco Bangladesh Ltd Conclusion Reference
Human Resource
Planning
HRP
Human resource planning is the process in which the management of any organization sets the organizational goals and plans on how it will be achieved by the employees.
Number of departments
Trend Analysis
Workload Analysis
Workforce Analysis
Recruitment
Selection Procedure
Placement Plans
Diversification
Expansion Plans
Development Programs
Cost Effective
Higher Productivity
Motivation
Shortage & Surplus Recruitment & Selection Reduce the Labor Cost
Training Programmes
Growth & Diversification
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300 brands 180 markets Global market share around 17% Market leadership in 50 countries Almost 54,000 employees
BATs world
Europe Asia-Pacific
Latin America
Africa and Middle East America-Pacific Associate companies
Group strategy
Departments of BATB
BATB has been operating its business under the following major functional areas:
Production Leaf
Finance
Human Resource Marketing Legal and Secretarial Information Technology Corporate and Regulatory Affairs
facilitates the most effective use of people to achieve organizational and individual goals.
Challenges of HRM
Individuals differ from one
another
Customization of stimulation
and motivation
Demanding personnel
Objectives of HRP
Right Time Right number Right Skills
To utilize To maintain To forecast To optimize
Right Cost
Organizational plans and objectives Identify future human resource requirements Compare with the current HR inventory HUMAN RESOURCE PLANNING MODEL
Determine the numbers, levels & criticality of vacancies Analyze the cost & time involved in managing the demand Choose the resources & methods of recruitment
Determine the redundant numbers Analyze the cost & time required for managing surplus
Redeploy
Retrench
HR inventory HRIS
Generate a fairly accurate
Forecasting
Compare future needs with current availabity Analyze companies change plan Forecasting methods used are Time Series Analysis,
future requirements Natural attrition cannot bring down resource to match What to consider then????
outplacement
layoffs Leave of absence without pay Loaning
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