Unit-1

Program Semester

: MBA : III

Subject Code : ML0010 Subject Name : Manpower Planning & Re-sourcing Unit number : 1 Unit Title Lecture No. : Manpower Planning :1

Lecture Title : Manpower Planning

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Manpower Planning

Unit-1

Objectives: By the end of this unit you will be able to:

Describe the need for manpower planning

State the steps in manpower planning Summarize the obstacles of manpower planning

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Lecture Outline

Unit-1

Introduction Effective Manpower Planning

Need of Manpower Planning

Five Steps in Manpower Planning Obstacles in Manpower Planning Advantages of Manpower Planning

Successful Manpower Planning

Consolidated Demand Forecast Development Summary Check your Learning

Activity

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Introduction

Unit-1

Manpower Development

Manpower Procurement

Manpower Allocation & Utilization

Manpower Planning
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Introduction

Unit-1

Manpower planning managers need to Estimate requirement very close to reality

Hire in shortest TAT

Ensure negative business impact is nil due to resource shortage Ensure negative business impact is nil due to excess resources (TAT Turn Around Time)

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Effective Manpower Planning

Unit-1

Right Number of People Doing Right Things Right Kind of People

Right Time

Right Place

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Need of Manpower Planning

Unit-1

Identification of manpower shortage and surplus Reduces cost of excess labor

Identifies and develops talent

Enables growth and diversification of an organization Highlights importance of good manpower management

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Five Steps in Manpower Planning

Unit-1

Evaluate Present Manpower Inventory

Manpower Forecasting

Develop a Manpower Sourcing or Retrenchment Plan

Build Requisite Competencies

Manpower Allocation

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Obstacles in Manpower Planning

Unit-1

Non Optimal Utilization of Manpower Absenteeism

Lack of Employable Labor

Modern Manpower Control and Review Processes

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Advantages of Manpower Planning

Unit-1

Optimum use of manpower for optimal productivity Reduced manpower costs, keeps business profitable

Avoid excess employees and unnecessary dismissals

Ensures necessary resources are available as and when required Smooth functioning post major expansion or retrenchment Creates healthy atmosphere

Facilitates competency building through training & development

Training activities become sharply focused Enables assignment to jobs best suited for employees competencies Creates a career path

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Successful Manpower Planning

Unit-1

Estimate demand forecast for manpower accurately

Ensure supply forecast for manpower meets demand forecast

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Consolidated Demand Forecast Development

Unit-1

Orientation

Orientation program is done for departmental representatives (DR) for generating demand forecast

Demand Forecast Generation

DRs generate demand forecast based on business need & guidelines DRs seek financial budgetary approval from dept. head.

Demand Forecast Consolidation

DRs provided departmental demand forecasts for manpower Consolidated manpower demand forecast is developed for the organization
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Summary

Unit-1

Manpower planning includes manpower procurement, development, allocation and utilization. Identifies manpower surplus & shortage and helps keep manpower costs low. The five steps in manpower planning are: Evaluate current manpower inventory Develop manpower forecast Develop manpower sourcing or retrenchment plan Allocate manpower Build competencies

Obstacles of manpower planning are non optimal utilization of manpower, absenteeism and lack of employable labor.
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Check your Learning

Unit-1

Q. What are the five steps in Manpower Planning? Ans. Evaluate present manpower Inventory

Manpower Forecasting
Develop a manpower Sourcing Plan and Retrenchment Plan Building Requisite Competencies

Q.2___________is done for departmental representatives (DR) for generating demand forecast. Ans. Orientation program

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Unit-1

THANK YOU

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