5.3 Manpower Planning/HR Planning/ Workforce Planning Flashcards
Strategic Planning
- Process
- Management Determined Overall Organizational Purposes and Objectives and how they are chieved
Manpower Planning
- Matching the internal and external supply of people
- Deciding what positions the firm will have to fill and how to fill them
Organizing
Giving each subordinate specific tasks, establishing a department, delegating authority to subordinates, establishing channels of authority and communication, coordinating the work of subordinates
Strategy and Workforce Planning
Workforce/Employment planning is best understood as an outgrowth of the firm’s strategic and business planning
Trend Analysis
Ration Analysis
Scatter Plot Analysis
All are Forecasting Personnel Needs
1. Variation in the firm’s employment levels over the past few years
2. Making forecast based on historical ration between a causal factor and number of employees require
3. Shows graphically two variables related
Forecasting the supply of inside candidates
Markov Analysis: forecast availability of internal job candidates
Which current employees are qualified or trainable for the projected openings