Importance of Human Resource planning
Write down the needs and importance of Human Resource planning?
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Human Resource planning is the procedure by which a management finds out how an organization must move from its present manpower position to its needed manpower position. Through planning a management strives to have the accurate number and the accurate kinds of people at right places, at the right time, to do things which outcome in both the organization and the individual receiving the maximum long-range benefit.
Human resource planning is a double edged weapon. If employed appropriately, it leads to the maximum utilization of human resources, lessens excessive labor turnover and high absenteeism; develops productivity and assists in attaining the objectives of an organization. Faultily employed, it leads to disruption in the flow of work, less job satisfaction, lower production, high cost of production and constant headaches for management personnel. Thus, for the success of an enterprise, human resource planning is an extremely significant function, which can be neglected only at its own threat.
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