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Manpower planning is the process of estimating an organisation’s future human resource requirements and ensuring that the right number of people with the right skills are available at the right time and place. It connects organisational objectives with human resource requirements and helps avoid both shortages and surpluses of employees. The model of manpower planning generally involves several interrelated stages. First, the organisation analyses its objectives and business plans. Expansion, diversification, technological changes and changes in production determine future manpower requirements. Second, manpower demand is forecast by estimating the number and types of employees required in the future. Techniques such as managerial judgement, work-study, ratio analysis, trend analysis and statistical forecasting may be used. Third, the organisation conducts a manpower supply analysis. Internal supply is assessed through employee inventories, skill inventories, succession plans, promotions, transfers and retirements. External supply is examined through labour-market conditions, availability of skilled ___ ____ ____ ________ ______ _____ _____ __________ ______ _______.
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