Human Resouces Management
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Environmental Factors Affecting Human Resource Planning
Student ID: 11466728
Student name: Aline Ferreira Zwierzinski
HRM 210 Assignment 3
Lecturer: Victor Libdy
September 3rd, 2012
Human resource planning (HRP) is an essential activity that ensures that the exact number of necessary people with the required skills and knowledge are available in the future in order to assist organisations in achieving strategic business objectives (Stone, 2010). In fact, the main activity of human resouces (HR) is to manage human assets and transform them into creators of value (Haines & Lafleur, 2008). In this essay, the environmental factors that affect this process will be discussed in order to aid a HR professional to advise senior managers on economic, social, demographic and technological factors that may influence decisions. These factors are known to affect HRP due to the fact that they also affect the participation of labour force in society (Malik, Faridi, Hussain & Shaukat, 2010).
The first environmental factors to be analysed are of economic nature, such as high income tax rates that may make some countries unattractive to some executives. Secondly, the casualization of the workforce can assist organisations in hiring more or less employees as demand arises, thus reducing costs created by full time employment. Thirdly, the impact of globalization on HRP is described, and it is defended that managers need to gain broad understanding in regards of relocation of staff and using rapid technology advancements in their favour. Then, the role of women in HR, as well as demographic factors such as age and education are taken into account, followed by the analysis of the effect of brain drains on organisations. Moreover, it is essential for HR professionals to comprehend the cultural aspects of the environment in which they are operating, so as to being able to recognise the reasons behind
Environmental Factors Affecting Human Resource Planning
Student ID: 11466728
Student name: Aline Ferreira Zwierzinski
HRM 210 Assignment 3
Lecturer: Victor Libdy
September 3rd, 2012
Human resource planning (HRP) is an essential activity that ensures that the exact number of necessary people with the required skills and knowledge are available in the future in order to assist organisations in achieving strategic business objectives (Stone, 2010). In fact, the main activity of human resouces (HR) is to manage human assets and transform them into creators of value (Haines & Lafleur, 2008). In this essay, the environmental factors that affect this process will be discussed in order to aid a HR professional to advise senior managers on economic, social, demographic and technological factors that may influence decisions. These factors are known to affect HRP due to the fact that they also affect the participation of labour force in society (Malik, Faridi, Hussain & Shaukat, 2010).
The first environmental factors to be analysed are of economic nature, such as high income tax rates that may make some countries unattractive to some executives. Secondly, the casualization of the workforce can assist organisations in hiring more or less employees as demand arises, thus reducing costs created by full time employment. Thirdly, the impact of globalization on HRP is described, and it is defended that managers need to gain broad understanding in regards of relocation of staff and using rapid technology advancements in their favour. Then, the role of women in HR, as well as demographic factors such as age and education are taken into account, followed by the analysis of the effect of brain drains on organisations. Moreover, it is essential for HR professionals to comprehend the cultural aspects of the environment in which they are operating, so as to being able to recognise the reasons behind
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