PPT-Unit-01-MU0010
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Transcript of PPT-Unit-01-MU0010
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Program : MBA
Semester: III
Subject Code : ML0010
Subject Name : Manpower Planning & Re-sourcing
Unit number : 1
Unit Title : Manpower Planning
Lecture No. : 1
Lecture Title : Manpower Planning
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Manpower Planning
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
• 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
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Introduction
• 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
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Need of Manpower Planning
• 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
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Obstacles in Manpower Planning
• Non Optimal Utilization of Manpower
• Absenteeism
• Lack of Employable Labor
• Modern Manpower Control and Review Processes
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Advantages of Manpower Planning
• 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
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Consolidated Demand Forecast Development
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Summary
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• 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
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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THANK YOU