HR department of every company has to constantly keep an eye on the human resources that the company has. With every possible event like change industry dynamics, increase in business requirements, skills required for a particular technology etc, the need for having better resources increases. The process and steps for having manpower planning are as below:
1. Understanding the existing workforce: The HR department has to thoroughly understand the manpower available with the company. They should examine the background, skill set, qualification, location etc of the entire work force so that they have a good idea regarding the pool of talent which the company has.
2. Forecasting for the future: With constant changes in business requirements, companies must understand the future trend and which type of employees would be best suited for their organization. Hence, companies must examine, evaluate and forecast the type of employee workforce they want in the future years
3. Recruitment and selection: Depending upon the business requirements, manpower planning leads to a much more well thought out recruitment and selection pattern. This totally depends upon the forecasts made and the business requirements. Hence, candidates with better qualification, skill set, experience etc are shortlisted as employees to best suit the future needs.
4. Training the employees: Employees who are a part of the organization are trained to have the best skills, knowledge and understanding about the current job as well as the future requirements.
All these above mentioned manpower planning steps help organizations become better prepared to adapt to new technology, future industry developments and even to face off with competitors. -mbaskool