Importance and Impact of Human Resource Planning in Effectiveness and Competitiveness of an Organization

Abstract

Human resource planning may be regards as the quantitative and qualitative, measurement of work force required in an organization and planning in relation to manpower. Human resource planning is an important function of human resource manager which plays a vital role in the organization. Human resource planning deals with anticipating staff requirements, taking into account current and likely future demands for future and the probable availability of individuals with such skills. This is process by which a firm determines how a management should move from its current manpower position to its desired manpower position. The best main power or human resource planning improve effectiveness of an organization, increase skills , abilities, competency and capabilities of all employees of organization or company. This facilitate or help the organization to achieve competitive advantage in front of competitive market. Better human resource planning increase productivity and profitability of an organization.