Human Resource Planning is a term used by a business used to refer to their HR department's attempts to ensuring that they have the right numbers and types of people available to apply the right skills needed to realise the organisations' strategic business plan. It is "a strategy for ensuring that the organisations human resources will be capable of fulfilling the stated business mission" (Roberts & Wolf, 1983). In the latter part of the 20th …
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showed last 75 words of 2193 total
…The planning of the Human Resource function has a substantial effect on the bottom-line performance of a firm. Poor HR planning leads to hiring in "spurts" followed soon by a series of lay-offs. With the Human Resource function so closely linked to the overall business plan of an organisation, effective planning of this function is a crucial element of success and it why Human Resource Planning has become such an essential activity for most businesses.