XYZ Ltd plans to enter the banking industry and spend 1000 crore to open branches in state capitals and major cities over the next year. They need to develop an HR plan to staff the new banking operations, taking into account their existing workforce of 20,000 employees across airlines, hospitality, and consumer durables. A regional retail manager is responsible for 28 stores across small and large formats. They need to develop a manpower plan to address steadily increasing product demands while keeping wages stable. The plan should indicate current staffing across store sizes and positions, expected tenure, and future staffing needs as 6 cities each have 2 large stores and 16 smaller stores are more dispersed. Human factors that affect human resource planning

1. Outline Definition Meaning , Purpose & Objectives Need and Importance Factors Affecting HRP HRP Process – Points to consider HRP Process Human Resource Information System – Advantageous in HRP

4. Defn1 An organization ensures that it has the right number and kind of people, at the right place , at the right time , capable of effectively and efficiently completing those tasks that will help the organization achieve its overall objectives. Defn 2 It translates the organization’s objectives and plans into the number of workers needed to meet those objectives.

5. HRP is forecasting an organization’s future demand for and supply of the right type of people in the right number by keeping in mind the current scene. It is only after forecasting that the HRM department can initiate the recruitment & selection process. HRP is a sub-system in the entire organizational planning Without clear –cut planning, estimation of an organization’s human resource need is just a guess work Eg – ICICI Bank – Savvy HR saves ICICI Bank Rs.100 cr

9. Decision on the time span for the HRP Process Implementation of the HRP process HRP Process should be compatible with the organization’s policies and objectives Realistic and feasible process should be planned for It should be an integral part of the corporate plan

12. HRP Process – Diagram

13. Manpower Acquisition form for Reliance Infocomm