Answer to Question #222553 in Management for Vabby

Question

The pandemic saw people losing jobs, some getting opportunities. Some companies like Asian paints declared salary rise whereas Uber saw a mass layoff over a Zoom call. In the light of the above statements, explain the importance of manpower planning.

Answer 1

Manpower planning, also known as Human Resource planning, entails placing the correct number of people, the right sort of people, at the right place, at the right time, and doing the right tasks for the organization's goals. Human Resource Planning has a significant role to play in the industrialization process. Human Resource Planning must be done in a systematic way and according to a predetermined strategy. Manpower is used to perform the four managerial duties of planning, organizing, directing, and controlling. Human resources assist in the execution of all of these managerial tasks. As a result, all managerial functions rely on employment. In today's industrialized society, effective human management has become a critical function. The establishment of large-scale businesses necessitates the management of large-scale labor. It can be done efficiently by using the staffing function.

The staffing function not only entails placing the proper people in the correct jobs, but it also entails developing motivational programs, such as incentive plans to encourage employees to participate and stay with a company. Therefore, all forms of incentive plans become an important element of the hiring process. If human ties develop and become strong, a problem can be stabilized. Effective control, clear communication, effective supervision, and leadership in a concern help to strengthen human relations. The staffing role also oversees employee training and development, which promotes collaboration and better human relations. When resources are used to their maximum potential, productivity rises. Higher productivity is the result of less time, money, effort, and energy being wasted. This is made feasible by staffing and the actions that go along with it ( Performance appraisal, training and development, remuneration)