HUMAN RESOURCE MANAGEMENT Essay Example | Topics and Well Written Essays - 2750 words - 1

HUMAN RESOURCE MANAGEMENT - Essay Example In this regard, the business objectives might encompass enhancement in sales turnover, increment in profits and accomplishment of superior competitive position over chief business market competitors (Westwood, 2002). The imperative advantages of an effectual corporate plan that is initiated by different organizations are adopting as well as implementing better decisions, saving operational costs, focusing upon fulfilling long-term goals and most importantly attaining desired business targets (Chary, 2009). It has been viewed that a corporate plan may assist an organization towards attaining success in future, if it is incorporated with the significant concern of manpower planning. In this similar context, the notion of manpower planning denotes a systematic procedure of placing appropriate personnel in the suitable work or operational departments. This particular concept of manpower planning is also acknowledged as ‘Human Resource (HR) Planning’ that supports different organizations to attain their expected business targets by a considerable level. In other words, manpower planning is fundamentally described as an effective strategy for the attainment, enhancement, implementation and retention of the human resources of a specific organization (Price, 2007). In this paper, a detailed assessment of the assertion that "unless there is a corporate plan for the organization integrated with the manpower plan, manpower planning is worthless" will be taken into concern. Moreover, the valuable linkage between HR planning and the corporate plan of an organization and the different features of HR planning that must help the procedure of organizational change will also be discussed in this paper. The assertion i.e. "unless there is a corporate plan for the organization integrated with the manpower plan, manpower planning is worthless" principally depicts that the notion of manpower planning would become much beneficial for