Following are the steps involved in Human Resources Planning

Human Resources Planning Process

1. Assessing current human resources:

HRP begins by developing a profile of the current status human resources. Basically, this is an internal analysis that includes an inventory of the workers and skills already available within the organization and a comprehensive job

2. Assessing where the organization is going:

The organization‘s objective and strategies for the future determine future HR needs. Business strategy defines where the organization is going and what it wants to achieve in future. Thus, analyzing and assessing the formal statement of what course the organization plans to take in future helps to identify and estimates future human resource.

3. Forecasting the future HR demand:

After an assessment of the organization’s current human resources situation, a projection of future human needs can be developed. It is necessary to perform a year by year analysis for every significant jobs levels and type before the forecasting is

4. Forecasting the HR supply:

Once the future demand of HR is projected, identification of supply source to fulfill the demand is next steps in HRP. Thus, organization should estimate changes in internal supply and external through HRIS and rigorous analysis of external environment This ensures the supply to meet the future demand.

5. Matching demand and supply:

The objective of HR planning is to bring together organization’s forecast of future demand and supply. The result of this effort is to highlight the area where there may exist of overstaffing and understaffing both in number and kind.

6. Preparation of action plans:

Action plans like recruitment plan, development plan, succession plan, layoff plan etc are formulated to tackle over and under staffing and to ensure the HR availability as per the organizational requirements in future.