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