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The globalization has brought significant changes in strategic management, strategies is unified and comprehensive and integrated plan that relates strategic advantages of the firm to the challenges of environment. Job design and job analysis helps the Human resource manager to know the types and numbers of job available, which provide a basis for estimating the numbers and kind of people require.
Well, for the corporate level strategies , expansion, diversification, mergers, acquisitions, and joint venture, .
for implementation of the these strategies demand for additional human resource contrast, such as implementation of turnover , divestment, and other retrenchment strategies result in reduction in human resource planning.
Forecasting future manpower requirements. Making an inventory of present manpower resources and assessing the extent to which these resources are employed optimally
Recruit and retain the human resource. To foresee the employee turnover and make the arrangements for minimizing turnover and filling up the vacancies. To meet the programs of expansion and diversification. To foresee the impact of technology on work , existing employee and future Hr requirement.
Checks the corporate plan of the organization. Offsets uncertainty and change- with maximum extend and enable the organization to have right men at the right time and in the right place. Force to advancement and development of employee through training and development. Facilitate the control of all the function, operation, contributions, and cost of human resources. To plan for physical benefits, working conditions, volumes of fringe benefits like canteen, school, hospital, conveyance, child care, quarters facilities etc. To foresee the change in values, aptitude, and attitude of human resource and to change the techniques of interpersonal management etc. It is causes of the development of various sources of human resources to meet the organizational needs. It helps to take steps to improve human resources contributions in form of increased productivity.
Business environment.
Information technology. Level of technology. Natural factor. International factor.
Process of HRP