Importance to manpower planning and forecasting exercises
What are the importance to manpower planning and forecasting exercises?
Expert
They are elaborated below:
1. To link manpower planning with the organizational planning
2. To determine recruitment levels.
3. To anticipate redundancies.
4. To determine optimum training levels.
5. To provide a basis for management development programs.
6. To cost the manpower.
7. To assist productivity bargaining.
8. To assess future accommodation requirement.
9. To study the cost of overheads and value of service functions.
10. To decide whether certain activity needs to be commissioned etc.
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