An effective planning process is essential to optimizing the Essay

An effective planning process is essential to optimizing the organizations HR - Essay Example et al. 1999). Therefore, management's first and most fundamental problem is selecting the right individuals with the prospective for development. evenly important is the placement of those individuals in positions in the organizational structure where their talents are most desired. Manpower development instigates with human resources planning also known as manpower planning, which establishes a firm's specific personnel rations. These are attained by a qualitative fortitude of the individual job specifications and of the specific characteristics requisite of a person for the successful performance of each job. Once these job requirements are recognized, it is essential to forecast the number of persons desired for each job. This stage of employment is quantitative, as it entails estimates that are relatively easy to calculate from sales forecasts, labor turnover records, and other sources of data. Human resource planning involves: manpower planning and forecasting; studying the labor market; manpower recruiting; determining supply sources; selecting personnel with appropriate skills and qualifications; placing them on the job; and developing them into more productive employees (McDuff, N. 1995). Human resources planning imply a broad spectrum of activities touching many parts of an organisation. The focus of human resources planning is on decision support and policy making. It is concerned with aggregate flows of people into, within, and out of the organisation and with co-ordination of persons and jobs on an individual level. (Niehaus, 1979). Human resource planning is of great importance as it determines manpower requirements and the means for meeting those requirements in order to carry out the integrated plans of the organization (Fombrun, C.J, Tichy, N M, Devanna, M.A, 1984). It includes determining the required types of skills and capabilities and the needed numbers of people, as well as the location and timing of the manpower needs. Optimization in manpower planning is emergent where human resources are treated as capital assets in much the same way that plant and equipment are currently treated. In essence, this system attempts through an accounting model to measure the cost of the resources, what it would cost to reinstate the resources, and what their value would be based upon their potential earning ability. This system emphasizes that man is a unique entity needing individualized consideration. Thus, managers are becoming more concerned with accounting for the human resources, both in terms