Manpower Planning: This is also termed as Human Resource Planning consists of putting right number of people, right type of people at the right place, at right time, doing the right things for which they are suitable for the accomplishment of goals of the organization. Human Resource Planning has got a significant place in the arena of industrialization. The Human Resource Planning has to be a systems approach and is taken out in a set procedure. The procedure is as illustrated:
• Analyzing the present manpower inventory
• Building future manpower forecasts
• Generating employment programs
• Design training programs