Discuss the advantages and shortcomings of human resource planning
Answers
Advantages of human resource planning
The following are the reasons why human resource planning is very important in business organizations:
1) An organization’s most valuable asset is its human resources, which is the reason why it is imperative to train and develop this asset in order that they can help the organization in achieving its goals and objectives.
2)Human resource planning allows for a proactive approach to dealing with certain issues the crop up suddenly as the business operates. This is so because the staff are effectively trained to deal with any.
3)Human resource planning prevents a business or organization from experiencing certain things such as manpower shortages or surpluses.
Disadvantages of human resource planning
Although human resource planning comes with so many advantages, it can also have some disadvantages, which sometimes prevent some organizations from engaging in it. Some of the disadvantages associated with human resource planning include the following:
1)Human resource planning can be quite expensive for some organizations to engage in. The sheer cost involved in HR planning can be quite unbearable for some organizations – especially the cash-strapped businesses. In addition to money, businesses also invest a great deal of time towards human resource planning. Sometimes companies simply do not have the amount of time or money needed to be invested into human resource planning.
2)Another disadvantage of human resource planning is that the time and effort used in retraining employees could have been used by the employees to offer services or produce more goods. In the short run, human resource planning can sometimes be unproductive. This however, is not the case in the long run.
3)The risk of too much planning is another issue that sometimes plagues human resource planning. Too much planning comes about when planning is done so excessively it becomes counterproductive to the company or organization.