The Importance Of Human Resource Planning

1. Future man power needs;

The planning of man power helps to ensure that people as a resource are available at the needed time to give the skills needed for the smooth running of an organization in order to achieve the goals of an organization. This means that human resource planning is regarded as a tool to assure the future availability of manpower to carry on the organizational activities (Gary Dessler, 2005). This method also helps the company to identify the number of jobs which will become vacant in the near future to facilitate any financial planning that will be needed then. It determines the future needs of labor in terms of number and the kind. Despite the growing rate of unemployment, there has been shortage of human resources

HRP manages the current human resources through human resource inventory and adapts it to changing technological, political, socio-cultural, and economic factors. Harriman A (1985) states that, technological changes and globalization usher in change in the method of products and distribution of production and services and in management techniques. These changes may also require a change in the skills of employees, as well as change in the number of employ¬ees required. Human resource planning helps organizations to deal with the said changes. Human resource planning is needed to meet the needs of expansion and diver-sification of departments of an organization. The importance of human resource planning is to identify areas of surplus or shortage of manpower. In the case of having surplus manpower, labor is distributed to other functional units of the organizations similarly in cases of shortages, manpower can be

The managers organize various training and development schedules to impart the required skill and ability in employees to perform the task efficiently and effectively. Gary Dessler (2005) states that by maintaining a balance between demand for and supply of human resources, human resource planning makes optimum use of human resources, on the one hand, and reduces labor cost substantially, on the other. Careful consideration of likely future events, through human resource planning might lead to the discovery of better means for managing human resources. Hence, foreseeable downfalls can be avoided. Labor shortages and surpluses are also