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5 Cards in this Set

  • Front
  • Back
Trouble finding qualifed people for job
"tight external" labor market
why should we plan? why do HR forecasting?
-understaffed/overstaffed
-avoid being caught short in key area
-understand impact of acquisitions & divestitures
-budget
-assess & plan for training needs
-staffing effectiveness
long-term
mission/vision
SWOT
Goals/objectives
Strategic Planning
Intermediate-term
resources required
acquistions/divestitures
Operational Planning
Forecasting internal demand for labor
Identify business factors
Gather historical data
Define productivity ratio
Forecast product demand
labor demand forecast
make adjustments
project to target year