- —Manpower Planning is a two-phased process because manpower planning not only analyses the current human resources but also makes manpower forecasts and thereby draw employment programs. Manpower Planning is advantageous to firm in following manner:
- —Shortages and surpluses can be identified so that quick action can be taken wherever required.
- —All the recruitment and selection programs are based on manpower planning.
- It also helps to reduce the labor cost as excess staff can be identified and thereby overstaffing can be avoided.
- —It also helps to identify the available talents in a concern and accordingly training programs can be chalked out to develop those talents.
- —It helps in growth and diversification of business. Through manpower planning, human resources can be readily available and they can be utilized in best manner.
- —It helps the organization to realize the importance of manpower management which ultimately helps in the stability of a concern.
Related Posts:
Need of Manpower
Manpower Planning is a two-phased process because manpower planning not only analyses the current human resources but also makes manpower forecasts and thereby draw employment programs. Manpower Planning is advantageous to… Read More- C programm to add two numbers
#include<stdio.h>
#include<conio.h>
void main()
{
int a,b,sum=0;
clrscr();
/*printf("1st number \n");
scanf("%d \n",&a);
printf("2nd number \n");
scanf("%d \n",&b);
sum=a+b;
printf("\n %d sum=",&sum);… Read More
- Manpower Management
DEFINITION:-
Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are su… Read More
- Importance of Training
What is traning?
Training focuses on specific job knowledge and skill that is to be applied in the short run.
Development focuses on broad knowledge and insights that may be required for adaptation to environmental… Read More
- Importance of Manpower
Importance of Manpower
Key to managerial functions- Human resources help in the implementation of all these managerial activities. Therefore, staffing becomes a key to all managerial functions.
Efficient uti… Read More