Effectiveness of Human Resource Planning Procedures for Organizational Efficiency:

Topics: Human resource management, Human resources, Condom Pages: 59 (18408 words) Published: September 14, 2012
EFFECTIVENESS OF HUMAN RESOURCE PLANNING PROCEDURES FOR ORGANIZATIONAL EFFICIENCY: A STUDY IN HINDUSTAN LIFECARE LIMITED (HLL)

CHAPTER 1
INTRODUCTION TO THE STUDY

1.1 THEORETICAL PERSPECTIVE
According to E.M Vetter Human Resource Planning as “ a process by which an organization should move from its current manpower position to its desired manpower position. Through planning management strives to have the right number and right kind of people at the right places at the right time, doing things which result in both the organization and the individual receiving maximum long-run benefit” The human resource management function is one of the functional areas of whole organization. Human resources are effectively managed in an organization both at the functional level and at the top management level. The whole organizational health can be effectively ensured with the help of effective Human Resource Management backed by Human Resource Planning procedures. The objective of Human Resource planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. The HR plan needs to be flexible enough to meet short – term staffing challenges, while adapting to changing conditions in the business and environment over the longer term. Human Resource Planning is also a continuous process. The important objective of human resource planning in an organization is to recruit and retain the human resources of required quantity and quality and to foresee the employee turnover and make the arrangements for minimizing turnover and filling up of consequent vacancies. To minimize imbalances caused due to non-availability of human resources of right kind, right number in right time and right place. To improve the standards, skills, knowledge, ability, knowledge etc Human Resource Planning may be viewed as foreseeing the human resource requirements of an organization and the future supply of human resources and making the necessary adjustments between these two and organizational plans and foreseeing the possibility of developing the supply of human resources in order to match it with requirements by introducing necessary changes in the functions of human resources management. Human resources means skill knowledge, values, ability, commitment, motivation etc, in addition to the number of employees Human Resource Planning may be viewed as foreseeing the human resource requirements of an organization and the future supply of human resources and making the necessary adjustments between these two and organizational plans and foreseeing the possibility of developing the supply of human resources in order to match it with requirements by introducing necessary changes in the functions of human resources management. Human resources means skill knowledge, values, ability, commitment, motivation etc, in addition to the number of employees 1.2 RESEARCH PROBLEM

Statement of the problem
Planning of human resource is more important than planning for any other resource as demand for the later depends upon the size and structure of the former whether it is in a country or in an industry. The study is based on a public sector organization, HLL Lifecare Limited . The study also emphasizes the importance of human resource planning. The study deals with the effectiveness of Human Resource Planning procedures for enhancing organizational efficiency at HLL Lifecare Limited, Peroorkada.

INTRODUCTION TO THE INDUSTRY AND COMPANY

1.3 INDUSTRY PROFILE

ORIGIN OF THE INDUSTRY
World population is increasing at an alarming rate. Due to the increased growth rate, birth control measures have become an important aspect of every country’s development. This leads to the development of contraceptive industry. India being the second largest country in the...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay about Human Resource Planning and Organizational Strategy
  • Human Resources Essay
  • Essay about human resources
  • Human Resource Planning Essay
  • Human Resource Planning Essay
  • Human Resource Planning Essay
  • Human Resource Management Effectiveness Essay
  • Human Resources (HR) Planning Process Presentation Essay

Become a StudyMode Member

Sign Up - It's Free