What Is Human Resource Planning?
Human Resource Planning (HRP) refers to the strategic management process of predicting future human resource requirements of an organization and then coming up with plans to address the future requirements. It also makes certain that the company employs the right number of people with the right skills at the right time.
HRP is the process of assessing the present ability of the workforce, anticipating the future requirements, and introducing recruitment, training, and retention strategies. A successful HRP makes workforce planning in line with business objectives to support organizational performance and future development.
Examples
Human resource planning assists businesses in planning for the future workforce.
Good human resource planning reduces lack of skills within strategic units.
The HR manager implemented human resource planning in order to facilitate expansion objectives.
Similar Words
- Workforce Planning
- Manpower Planning
- Staffing Strategy
- Talent Forecasting
- Personnel Management
