3 - HR Planning Flashcards
difficulty of HR forecasting
- concerns the future evolution of the organization
- concerns a human system with strong inertia
- has an effect on overall HR practices
objectives of HR planning
detecting HR problems
identifying alternative solutions
analyzing consequences of alternatives
building solutions
avoiding drastic situations
HR planning identifies
capability gaps - lack of skills/people/knowledge
capability surpluses - underutilized skills/people/knowledge
= talent pool development
difficulty of HR planning
rapid changes in environment
free will of people
all HR functions are interrelated
has both quantitative + qualitative goals
two processes of HR planning
employment planning - identifying HR needs to achieve company’s objectives
programme planning - selection of strategies + operations to follow up on employment planning
goal of HR forecasting
allow organizations to have HR with the necessary skills + motivation to do necessary tasks on time
employment planning functions
forecasting HR needs + resources
analysis of balance b/w the two
demand forecasting methods
forecasts by managers and supervisors
trend analysis
regression models
linear programming
simulation models (contingency plans)
if demand > supply forecasts
- increase retention/recruiting (S)
- change employee utilization (D)
- change company objectives to avoid lack of resources
if supply > demand forecasts
- might need to downsize
- calculate costs of over-employment
- change utilization (retraining/redeployment)
- change company objectives (diversification/new markets)
issues in planning
downsizing outplacement outsourcing reengineering work-life balance (benefit productivity + climate)
downsizing
elimination of businesses, departments or tasks
- being as efficient + effective as possible
reengineering
redefine distribution of tasks to increase efficiency
- job enlargement
- job enrichment
- elimination of redundant tasks
outsourcing
hire 3rd party for execution of a task
\+ focus on core function \+ less costs \+ greater flexibility (shared risk) - loss of know-how - customer insatisfaction - less alignment w/ org strategy + culture
outplacement
managing leavers to avoid social costs of unemployment
- help people find jobs