Manpower Planing, also known as Human Resources Planning or Workforce Planning, consists of estimating the right number of people, at the right place, right time, doing the right things to achieve an organisation’s goals or to complete projects within the required timeline.
Manpower Planning is the process of systematically forecasting the future demand and supply for employees and the deployment of their skills within the strategic objectives of the organization.
Proper manpower planning helps in the following ways:
1. Workforce optimisation - through integration of business strategy & performance with workforce management
2. Better labour cost management - ability to identify shortages & surplus related to headcount
3. Strategic headcount hiring plan - business leaders & HR can revisit and adjust workforce planning according to business directions
To learn more about Manpower Planning, Human Resources Strategies and Performance Management, email your inquiries to: firstname.lastname@example.org