 HRM Models

 HR planning
Fombrun Model
The harvard model
The Guest model
Human Resource Planning
Human resource planning is a process that identifies

current and future human resources needs for an

organization to achieve its goals. Human resource

planning should serve as a link between human resource

management and the overall strategic plan of an

organization
Need for HRP
 Replacement of Persons
 Labour Turnover
 Expansion Plans
 Technologies changes
 Assessing needs
Process of HRP
 Analysis of objectives and strategic plans of the
company
 Preparing manpower inventory
 Manpower forecasting
 Manpower plans
 Training and development programs
 Appraisal of manpower planning
Factors affecting HRP
 Existing stock of HR
 Wastage
 Future HR requirement
Types of HRP
 Short term HRP
 The weak incumbent
 The strong incumbent
 An unexpected vacancy

 Long term HRP

 Projecting manpower requirement
 Taking stock of existing HR
 Recruitment and selection
 Manpower development
Challenges faced in HRP
 Accuracy of forecasts
 Identify crisis
 Support of top management
 Resistance from employees
 Insufficient initial efforts
 Management information system
 Uncertainties
 Expensive and time consuming
 Coordination with other managerial functions
 Unbalanced approach.
Benefits of HRP
 Reduced labour cost

 Optimum utilization of manpower force

 Identification of gaps in existing HR

 Improvement in overall business planning