Hmm well very nice question Deepika...
How are you?
Well HRP becomes more important and Complex. See the Human Resource Planning and the complexities of this system are the two sides of a coin and you need to understand the concept of Human Resource Planning first.
What is this Human Resource Planning and how this function works bcz from the all function of HR, planning is one of the important tool. This is the 1st step and the people are the most important resource which is required to run any business or organization. Now this also very important to understand the need of human resources on time so that neither my organisation falls short of resources nor faces surplus. If organisation falls short of resources then will not be able to deliver on time to client on the other hand if it has surplus resource then company has to bear that cost which will affect organization’s profitability.
There is another aspect also in this company also need to plan resources based on the skill required to run the business. Otherwise they will have surplus in one area shortfall in other area which will result to poor management. Hence until & unless you do correct resource planning you will be able to manage human resources properly
Challenges at global level:
Creating a global mind-set within the HR group, creating practices that will be consistently applied in different locations/offices while also maintaining the various local cultures and practices, and communicating a consistent corporate culture across the entire organization which are also becomes a tuff job for the HR Managers and a big challenge for this function.
Considering the HR function not as just an administrative service but as a strategic business partner. Companies are involving the human resources department in developing and implementing both business and people strategies. Creating a consistent corporate culture like communicate to all locations about a common corporate culture, allow local cultures to maintain their identity in the context of the corporate culture like
- Establish common systems (e.g., accounting, marketing, MIS).
- Provide management with education outlining how the company does business.
- Create an organizational mission with input from all locations.
- Create a written strategy outlining the corporate culture.
As the globalization settles, the HR emphasis would be on ideas and practices that might be considered more widely include:
-initiatives connecting company and industry policies so that training implications are considered as a matter of course
-initiatives which consider the implications for the company of the innovations they are supporting , e.g. industry clusters
-initiatives incorporating collaboration across COUNTRY borders
-efficient use of the worldwide web to disseminate information and collect data
-initiatives which demonstrate learning from previous experience
-attention to resourcing issues
-initiatives which enable company staff to increase their expertise in new areas
-initiatives which build on established expertise in the company, and
-initiatives which seek to develop new specialisations in the company.
2. Technology-related skills
-Skills in identifying new applications of technologies
-Skills in developing new technologies, or advancing existing technologies
-Skills in identifying technological solutions to problems
3. Management skills
-Skills in identifying which innovation outcomes are appropriate for commercialisation
-Skills in knowing when and how to market a new product, tool or process (or other innovation outcome) successfully
-Skills in securing intellectual property rights over innovation outcomes
-Skills in setting up efficient manufacturing processes for new products
-Skills in negotiating appropriate training provision with education and training providers
Also ive enclosed a ppt on HRP for your perusal and hope that will help you to understand the concept of HRP.
Best of Luck
2nd February 2011 From India, Gurgaon