They should examine the background, skill set, qualification, location etc of the entire work force so that they have a good idea regarding the pool of talent which the company has.Ģ. Understanding the existing workforce: The HR department has to thoroughly understand the manpower available with the company. The process and steps for having manpower planning are as below:ġ. With every possible event like change industry dynamics, increase in business requirements, skills required for a particular technology etc, the need for having better resources increases. HR department of every company has to constantly keep an eye on the human resources that the company has. The process can be elaborated in detail below. The above diagram shows the manpower planning process which depends upon the business objective. This helps the organization be prepared for the future with the correct manpower at their disposal for business prosperity. This whole process is done keeping in view the goals of the organization, the future predictions for business and changing technology trends. Manpower planning also includes the details like how and when will new employees be acquired. These questions are solved by the process of manpower planning. The other dilemma is that if they kept waiting till the last moment for a project and when the project starts they might not have enough manpower to work and deliver. What would the business do with the additional skilled manpower. But the dilemma is that what if they hired a large number of people to work on an almost sure project but at the last moment the project didn't start on time. If these opportunities convert into actual business, they would need manpower to start working on them. Large businesses often work on forecasting and upcoming opportunities in the pipeline.
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