NEED AND IMPORTANCE OR BENEFITS OF HUMAN RESOURCE PLANNING

The need and importance of human resource planning can be explained as follows:

1 Increase in the Size of the Business:

A large number of workers are required to be recruited for the expansion of the plant. A stock of the existing manpower should be taken and the future needs of the personnel should be assessed at the time of taking the decision. It is essential to know whether new responsibilities should be assigned to the existing employees or if some fresh employees are to be recruited to meet the challenges of the new responsibilities. It should be decided whether persons are to be trained within the organisation to take charge of the new responsibilities or fresh well-qualified personnel should be recruited. All these things need Human Resources Planning (human resource planning).

2. Effective Utilisation of Human Resources:

Human resource planning improves the utilisation of human resources. It also helps in proper and timely utilisation of technological progress by providing for retraining of the existing employees and recruiting new capable employees.

3. Determination and Fulfilment of Personnel Needs:

HRD is vital because it helps in determining the current and future personnel needs. It efficiently matches personnel activities and future organisational objectives. HRD is helpful in selecting employees with adequate knowledge, experience, and attitude, and in training them well in advance to fill up vacancies, thus, human resource planning creates highly talented people to fill the gaps in the existing quantity and talent of the manpower through proper training.

4. Coping with Changing Scenario:

HRD enables the business enterprise to cope with changes in various forces such as markets, products, technology and government regulations. Such changes often generate alterations or modifications in job content, skill demands, and the number and type of personnel.

5. Contributing to Management Succession and Development:

Human Resources Planning provides sufficient time, and lead time for the internal succession of employees to higher positions through promotions. it paves the way for the proper development of employees.

6. Creation of Awareness About Effective Utilisation of Technological Progress:

Human resource planning makes the employees known of the different utilisation of human resources. Ultimately, it facilitates to reduction or even control of wastage of human resources and also judges the effectiveness of human resources policies and programmes of management.

7. Protection of Weaker Section:

Governments provide reservations to SC/ST, OBC, physically handicapped, freedom human fighters, women etc. In this connection, well-conceived resource planning protects the interests of such groups or classes.

8. International Strategies:

International expansion strategies depend upon human resource planning. The department's ability to fill key posts with foreign citizens and re-assignment of employees from within or across the national border is a major challenge facing the international business. Due to trade, the need to the growing trend in foreign for human resource planning is growing. Human resource planning will grow increasingly important as the process of meeting staffing needs from foreign countries and the attendant cultural language, and developmental considerations grow complex. Without effective human resource planning and subsequent attention to employee recruitment, selection, placement, development and career planning, the growing competition for foreign executives may lead to expensive and strategically-disruptive turnover among key decisions.

9. Resistance to Change:

Employees make resistance to change but human resource planning is very helpful in preparing employees mentally to accept change because accepting change is the need of the day.

10. Reduction in Labour Cost :

In order to maintain supremacy over the other competitive firms, it is necessary for an organisation to control the cost of labour by effective use of manpower and thus reducing the wastage. This is well done by human resource planning.

11. Avoiding Disruption in Production:

Human Resource Planning may help the organisation in producing skilled and qualified workers, through human resource planning future needs of personnel may be estimated and they are recruited and trained on the basis of a well-developed recruitment and training policy thus lowering the amount of expenditure on training. Thus, the production is carried on uninterrupted.

12. Effective Employee Development Programme:

No effective employee development programme can be worked out without linking it with the manpower requirements of the organisation. While executing employee development, the talents, abilities and motives of the individuals as well as the organisational objectives in relation to the manpower should be taken into consideration thus making employee development programmes effective.

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NEED AND IMPORTANCE OR BENEFITS OF HUMAN RESOURCE PLANNING