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 suited for the achievement of goals of the organization. Manpower planning is a set of strategies and the process of manpower that plans itself. An effective human resources plan will provide various mechanisms designed to get rid of talent gaps, which may exist between the organization's supply of labour and its demand for the same. Human resources planning ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses. There are four key steps to the HRP process. They include analysing present labour supply, forecasting labour demand, balancing projected labour demand with supply, and supporting organizational goals.

Abhijith S

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