HRM (UNIT -3)
✋ Human Resource Planning Human Resource Planning is the method of planning and strategizing to satisfy the organization's current and potential manpower demand and supply needs. It's a method for ensuring that your team has the right people with the right skills, resulting in a strong workforce capacity in your business. HRP assists in addressing any essential labor shortages, thus reducing market risks. In otherworld, Human Resource Planning refers to the process of finding the right candidate for the right kind of job profile, in a particular period of time by analyzing the organizational demand and supply of human need in the upcoming future. 👉Importance of HRM 1 . Enhancing the Human Resource Planning Process's activities. 2.Continue to adapt to technological changes. 3. Facilitate the growth phase of small and medium-sized businesses. 4.Forecasting Shifts in the Workplace. 5. It provides the organization with the required employees at the appropriate time. 6. Hel...