Human Resource Planning (HRP)

What does it mean?

Human Resource Planning (HRP) refers to the process of forecasting future human resource needs within an organization and developing strategies to meet those needs. This can include activities such as workforce analysis, succession planning, and talent management.

Why is Human Resource Planning important for a business?

Human Resource Planning is important for businesses to ensure that they have the right talent in place to achieve organizational goals, reduce turnover and recruitment costs, and improve overall productivity.

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