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STRATEGIC HUMAN RESOURCE PLANING. Strategic Human Resource Planning. Meaning of Human Resource Planning :- “ The process of analyzing and identifying the need for & availability of human resource so that the organization can meet its objective. ”.
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Strategic Human Resource Planning Meaning of Human Resource Planning :- “The process of analyzing and identifying the need for & availability of human resource so that the organization can meet its objective.”
Classification of organizations based on the purpose of hr plan
APPROACHES TO HR DEMAND FORECASTING. QUANTATIVE QUALITATIVE Expert Forecast. Delphi Technique. Nominal Group Technique. • Trend Analysis. • Mathematical Models.
QUANTATIVE TECHNIQUES. • TREND ANALYSIS : Forecast employment requirement on the basis of some organizational index. • Examples:- compensation, sales. • MATHEMATICAL MODELS: Like statistical regression analysis, simulation model.
QUALITATAIVE TECHNIQUES. • EXPERT OPINION : Panel of exports forecast HR requirements for particular future business scenarios .For this method , there may be a single expert, or the estimates of several experts may be pooled together. • DELPHI TECHNIQUES : Uses input from a group of experts. • The experts opinions are sought using separate questionnaires on what forecasted situations will be? • Theses expert opinions are then combined and returned to the experts for a second anonymous option. • The process continues through several rounds until the experts essentially agree on a judgement. • NOMINAL GROUP TECHNIQUE: Face-to-face discussion.