Strategic HR Planning
Strategy involves
things 1. Forecast 2. Assumptions on the status of A. Economy B. Competition C. Technology D. Regulations E. Internal Operations F. Resources
Two
Major Objectives of HR Planning
1. Prevent Over staffing and under staffing 2. Ensure right employees with right skills in the right place at the right time 3. Ensure that the organization is responsive to change 4. Provide direction and coherence to all HR activities and systems 5. To unite the perspectives of Line and staff managers
Types of Planning 1. Aggregate planning 2. Successive planning
Aggregate planning
Anticipates needs for group of employees in specific, usually lower level jobs and their general skills needed to ensure sustained high performance Forecasting and assumptions, Unit forecasting, Markov analysis Strategies to manage, a. Shortage, b. surplus
Successive Planning
Focus
on key individual management positions that the organization needs to make sure remain fulfilled and the type of individuals who might provide the best in these critical positions