![]() Proper planning, right from the start, and making arrangements keeping in mind the company’s growth path are essential steps for the company’s success.Īlso, the management team should plan effective ways for the staff to perform their tasks in an organized manner as this would enable the human resources of the organization to attain good results. Without proper planning, it becomes difficult for a company to develop and progress in a planned and systematic manner. Manpower Planning – Meaning and Definitions They are recruitment and selection, induction and orientation, training and development, compensation and benefits, performance appraisal and management, industrial relations, promotions, transfers, terminations, staff amenities and welfare, retirement, attrition, redundancy, voluntary retirement and career and succession planning. The plans interact with manpower planning issues at every given stage in all these areas of human resources. The manpower plans help to bring supply and demand into equilibrium, as a continual workforce planning exercise, the inputs to which will need constant varying to reflect the actual as against predicted experience on the supply side and changes in production actually achieved as against forecast on the demand side. The manager has to ensure that “a constant stream of subordinate managers is recruited, selected, trained, developed and promoted…” This has increased the role of manpower planning in an enterprise which, in turn, has increased the burden of existing managers. The modern enterprise, in general, has been experiencing the shortage of such managers. As a matter of fact, owing to growing size of business, increasing competition, rapid technological advances, globalisation, deregulation and other government measures there exists a wide gap between the demand for and supply of well-trained managers. Hence, the need for capable managers and subordinate managers has been increasing day by day. ![]() Continued supply of able and quality managers and other subordinates is essential for achieving the pre-determined goals of the enterprise. It is an essential requisite for organisational success. Manpower planning is the prime function of staffing. Problems and Limitations of Manpower Planning.Techniques of Forecasting the Manpower Demand.Meaning and Definitions of Manpower Planning.Manpower Planning: Meaning, Importance, Objectives, Process, Advantages, Limitations, Advantages and Problems Manpower Supply from External Sources 15. Techniques of Forecasting the Manpower Demand 13. Meaning and Definitions of Manpower Planning 3. ![]()
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