Strategic Manpower planning

Manpower planning is a very important component of HR management. A thorough assessment of the present resources and the future estimated resources is done. Staffing has to be optimum. With understaffing, the organization loses orders, customers, economies of specialization and scale and profits. Overstaffing results in losses in terms of salaries and competence. Manpower planning means developing strategies to match the requirement of the staff and the available positions. The people making the plans must have a full know-how of the organization's plans. Manpower planning is useful to the organization and employees.

Manpower planning is the first step towards manpower management. It refers to the process of using available assets for the implementation of the business plans. It also involves the process of coordinating and controlling various activities in the organization. An effective manpower planning requires a careful assessment of the future needs of the organization. It involves the development of strategies to match the requirement of employees and availability of positions at all levels in the organization.

Those in charge of manpower planning need to have a foresight about the business plans. They need to plan the activities for achieving business growth. They are required to estimate the business needs of the organization and plan for the resources needed to realize the business goals.

HAFNER CONSULTANTS refers to manpower planning as the process of reviewing current resources, predicting future requirements and ensuring that the demand and supply of people and skills is balanced. Manpower planning is useful for both the employees as well as the organization.

HAFNER HR consultant will be supporting the company while estimating or projecting the number of personnel with different skills required over time or for a project, and detailing how and when they will be acquired.