The planning process is one of the most crucial, complex and continuing managerial functions which, embraces organisation development, managerial development, career planning and succession planning. The process has gained importance in India with the increase in the size of business enterprises, complex production technology, and the adoption of professional management technique. It may be rightly regarded as a multi-step process, including various issues, such as, Deciding goals or objectives, Auditing of the internal resources, Formulation of the recruitment plan, Estimating future organisational structure and manpower requirements, Developing a human resource plan. The best policy which is followed by most organisations is to fill up higher vacancies by promotion and lower level positions by recruitment from the labour market. The market is a geographical area from which employers recruit their work force and labour seeks employment.

Abhijith S

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