Algorithmic process for corporate human resource planning

Abstract

Scope and Method of Study: The existing literature on human resource planning is voluminous and seemingly without direction. This lack of direction and organization has made it difficult for human resource planners to separate the relevant research from the irrelevant research. The purpose of this paper is to arrive at an algorithmic process that would help in resolving the corporate planners dilemma. The first step was to identify the major and relevant factors that have affected the process of human resource planning. This was done through a fairly elaborate literature search. From this wide array of factors, several key factors were identified. The criteria for selection was the perceived importance and recurrence of these factors in various firms. A principal consideration in designing the algorithm was, that it should be comprehensive for any individual firm while remaining flexible enough to serve a diverse array of firms. The algorithm may also facilitate a better compatibility between academic dialectics and organizational needs in the area of human resource planning.

Findings and Conclusions: A composite matrix model was devised in which various human resource planning techniques are presented in juxtaposition with their impact on different organization relevant variables. The human resource planner establishes an order of priority among the variables, based on the internal and external characteristics of his firm. Once this process of prioritization has been accomplished, selecting the appropriate planning technique is easily done by referring to the model. The need to integrate human resource planning with other areas of corporate planning has been emphasized.