Explain giving examples how Woolworths should go about HR Planning? :: Business and Management Studies

Explain giving examples how Woolworths should go about HR Planning?Human Resource Planning (HR) is the credit of the futurelabour requirements involveed by a lodge and how these be going to bemet. It is the process by which a company ensures that it has theright come in and kind of people, in the right places at the righttime, doing the things for which they are economically most useful. Itis a method for determining future human resource requirements and create action plans to outfit them. It is defined as a strategy forthe requisition, utilization, improvement and retention of anenterprises human resources and it encompasses the subject concernedwith the developing take off of manpower policies, including those forrecruitment, deployment, development and retention. The use of HR cookery is a big issue for any company if they are to have enough round to meet the future demand that the company may receive.The main issues to do with HR planning at Woolworths is that thecompany has a high labour turnover with many an(prenominal) people moving on to ahigher status job and the idea that people do not really want to workfor the company which has resulted in large numbers of staff leavingthe company. This is mainly due to a large number of the staff beingpart time students who are expression for temporary employment whilstthey are finished their A level or decree courses.The four stages of HR planning that the business will need to considerare* Stock taking* Forecasting the supply of labour* Forecasting the demand for employees* Implementation and reviewThe first stage of HR planning that Woolworths will need to consideris the use of the Labour stock take. The purpose of the labour stocktake is to find out exactly how many staff that the company hasavailable to them after taking into consideration the number of staffthat are leaving the company and the quality of the staff available tothe company. When using a labour stock take, Woolworths should use acombin ation of job analysis and performance review, the use of askills audit will be of little wellbeing to the business as this methodassesses the skills and qualifications of the employee and littlequalification is needed to work in the retail area that the businessoperates in, a combination of the performance review, this involveslooking at the performance of all the employees within theorganisation in order to identify staff potential and to identifywhere staff have more reproduction needs. This will enable the businessto. The use of the job analysis will enable the business enables the