The Most Important 7 Steps of Human Resource Planning

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Human Resources are the core of every organization. Organizations exist because of the employees and exist for the people. It is right to say that people are the most important element for any organization.

Every time an organization expands or starts a new process, and there arises a need for human resources, the HRP is used. Before we learn about the 7 steps of human resource planning, let’s study what human resource planning is.

What is Human Resource Planning – HRP?

Human Resource Planning is the process of evaluating the current and future HR needs of the organization and formulating a plan to meet those needs. HRP can be used for current as well as future needs.

Human Resource Planning ensures that suitable candidates are selected. HRP ensures that the right people are recruited with the required skills to fill the organizational roles.

ALSO READ : What is Job Analysis? 4 Important Methods of Job Analysis

I hope you have understood what HRP is. If yes, let’s study the 7 steps of human resource planning.

The 7 Steps of Human Resource Planning

Evaluate the Organizational Goals

The 1st of the 7 steps of human resource planning is to understand the organization’s goals, values, and mission. While conducting this study, all the department and their objectives are also studied to get a more detailed result for the research.

Evaluate the Current HR Inventory

Once all the departments have been analyzed, the next is to study the currently available human resources. If the organization uses it, use the Human Resources Information System to check the current HR inventory, skills, and performance.

Forecasting HR Requirements

The 3rd of the 7 steps of human resource planning is studying the future need of the organization. The HR examines the job position and its roles that are to be filled in the near future. The result of this study helps to prepare a job description, which in turn is used when promoting recruitment.

Estimating the Gaps

The next step is to study the HR demand and supply gap. Here, we check if we have enough workforce to continue; if not, how much workforce is required. It also helps us to understand if there is a deficit or surplus in human resources.

If the study shows a deficit, we have to recruit a workforce. If the study shows a surplus, we will have to lay off employees based on their performance and skills.

Strategy Making

Formulating a strategy is the 5th of the 7 steps of human resource planning. The HR has to create a strategy to hire and fire for training & development programs according to the new hire.

In case of a deficit, the HR department has to ensure that they provide the job description with the necessary details. In case of surplus, HR must analyze the candidates’ performance and skills before laying them off.

Implementation

Once the strategy is ready, it’s time to take action on those plans. The process for hiring should be coordinated with the marketing department to promote the job opening properly. Once the list of candidates is ready, it’s time to filter the best candidates according to organizational needs.

For laying off, the employees must be given a valid reason for being laid off.

Tracking the Progress

Just because the hiring process is completed doesn’t mean the HRP process is over. The last of the 7 steps of human resource planning is remaining.

The organization has to train the new hire and track their performance. It is essential to ensure they provide effective results and must be guided for that. It is crucial to know that the HRP was successful.

ALSO READ : 7 Important Functions of Human Resource Management

FAQs

What is the HRM planning process?

Human Resource Planning is the process of evaluating the organization’s current and future HR needs and formulating a plan to meet those needs.

What are the steps of Human Resource Planning?

There are total 7 steps of human resource planning. They are as follows:
Evaluate the Organizational Goals
Evaluate the Current HR Inventory
Forecasting HR Requirements
Estimating the Gaps
Strategy Making
Implementation
Tracking the Progress

Closing Statement 

Whenever an organization has human resources requirement, the HRP is performed. The human resource planning process helps to supply HR resources according to the organizational needs. We have studied the 7 steps of human resource planning above in detail. These 7 steps describe the complete HRP process in detail.

I hope the article about the 7 steps of human resource planning is informative. If you have any doubts or suggestions, submit your thoughts in the comment box.

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