Manpower Planning, also referred as Human Resource Planning, is a very important concept today for the success of an organization. When we talk about manpower planning, it implies the entire process of selecting and putting right number of people, right kind of people at the right time, right place, doing the right things for which they are selected which in turn help in achieving the goals of the organization. Today, this concept has occupied an important place in the corporate world and industrialization.
Manpower Consultants play a vital role in the recruitment process.
Importance of Manpower Planning
- Forming a base to managerial functions: The four managerial functions like planning, organizing, directing and controlling are based upon the manpower. It is the HR of an organization that helps in the implementation of all these managerial activities.
- Efficient utilization of resources: With manpower planning, there is an efficient management of personnels in the organization.
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- Motivation: Through manpower planning, you not only put the right men on right job, but also it helps in overall motivating the employees of the organization. Like for instance, incentive plans are an important part of manpower planning.
- Better human relations: Human relations become strong through efficient control, clear communication, efficient supervision and leadership in any company. Manpower planning also looks after training and development of the employees which leads to co-operation and better human relations.
- Higher productivity: Last, but not the least, productivity level increases when proper resources are used in the right way. This results into minimum waste of time, money, efforts and energies.
Why is Manpower Planning Needed?
Manpower Planning is needed for a variety of reasons like as follows:
- Any shortage or surplus can easily be identified and the problem can be rectified.
- All the recruitments in any organization are based on manpower planning.
- Reduce the labor cost as overstaffing is avoided.
- Identify the available talents.
- Growth and diversification of business.
- Helps in the stability of a concern.
Manpower Planning Process and Steps
- Analysing the present manpower inventory: Before recruiting new personnel, the current manpower inventory should be carefully studied and analyzed, which include factors like type of organization, total number of departments, number of employees in such departments etc.
- Planning and forecasting for future manpower: Once the present scenario is known, the future manpower forecasts and planning can be done.
- Developing employment programs: Once the forecast program is made, the employment programs can be developed accordingly, which include factors like recruitment, selection procedures and placement plans.
- Design training programs: The training programs depend on the extent of advancement in technology to take place, which include diversification, expansion plans, development programs etc. Training needs to be imparted to improve upon the knowledge, skills, capabilities of the employees.
Manpower Forecasting Techniques
The Manpower forecasting techniques usually applied are as follows:
- Expert Forecasts: Formal expert surveys, Informal decisions.
- Trend Analysis: Projecting past trends, using base year as basis, and statistical analysis.
- Work Load Analysis: Nature of work load in a department.
- Work Force Analysis: Due allowances have to be made for getting net manpower requirements.
- Other methods: Budget, regression, new venture analysis.
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