Importance of Human Resource Planning (HRP) | Human Resource Management

Importance of Human Resource Planning (HRP)!

Human resource planning is the process of determining future needs of human resources  in terms of quality and quantity. It is applicable to all types of organization. The major importance of human resource planning in modern organization are mention as below:
1. Uncertainty reduction
2. Objectives focused
3. Environmental adaptation
4. Acquisition of human resources
5. Utilization of resources
6. Human resource development
7. Human resource control
8. Improving labour relations

 1. Uncertainty reduction

Modern organizations are operating on rapidly changing environment which has created high level of uncertainty. Human resource planning predicts the future requirement of human resources in qualitative and quantity term. It van ensures capable workforces to work with uncertainties. Therefore, it helps  the organization to reduces future uncertainties.

 2. Objectives focused 

Objectives are the expected outcomes that organization wants to achieve. HRP follows demand forecasting and supply forecasting of human resources based on the objectives of an organization for their strategic and corporate plan. So, it is the main tool for achieving overall objectives.

 3. Environmental adaptation

Environment is a dynamic force and changing constantly. Organizations require human resources capable for working in the changing environment. HRP scans the environmental dynamism assesses current human resource available and based on that it predicts required  human resources in term numbers and kind. It enables the organization to achieve competent workforces by which they can adjust the organizations in changing environment.

 4. Acquisition of human resources

Acquisition of human resources is the primary function and foundation of human resource management. Human resource planning determines future needs of human resources in number and quality. Therefore, it helps to procurement of human resources. Further, it provides an effective road map for the requirement, selection and socialization of human resources in the organization.

 5. Utilization of resources

Human resource planning focuses on ensuring right person at right place at a right time. So that they will be capable for effectively and efficiently accomplishing activities. It helps to motivate human resources and minimize the wastage of time and other resources. Therefore, it ensure effective utilization of all resources and improve productivity.

 6. Human resources development

Human resource development concerned with improving competency that is skill, knowledge, ability of human resources, etc. Human resource planning prepares different plans with adequate time to manage training and management development programme. So, it also helps to develop human resources in the organization.

 7. Human resources control

HRP determines the standard of human resources in terms of quality and quantity. The standard helps the organization to compare the current position of human resources in the organization. Further, it provides different action plans by which surplus and shortage can managed.

 8. Improving labour relations

Labour relation refers to the relationship between workers, management and government. HRP make the management and worker aware about the benefit of sound interrelationship between these elements to implement the plan successfully achieve objectives. So, it also helps to established sound relationship within the organization.