For an effective Human Resources Planning, the mangers should understand the context of HRM, both internal and external environments. HRP is the most important element for any organization to thrive towards success. The steps involved in Human Resource Planning process are as follows:
1) Assessing the current Human Resources: HRP process begins by developing a profile of the present status of Human Resources within the organization. Basically, it is an internal analysis of estimating present strength of the workforce available that includes
a) Inventory of the employees and their skills and b) A comprehensive job analysis.
a) HR Inventory: It is just a report, which is derived from ‘Forms’ completed by the employees and then checked…