ENTREPRENEURSHIP

Detailed explanation-1: -After you’ve assessed your current human resources capacity, projected future HR demands, and identified the gaps, the final step is to integrate your human resources plan with your organizational strategy.

Detailed explanation-2: -Implemented HRM is the set of HR practices as delivered by managers. Perceived HRM is the set of HR practices as perceived by employees. Employee outcomes are employees’ reactions to these practices. Examples are employee satisfaction, commitment, or their willingness to exert extra effort.

Detailed explanation-3: -Balance Supply and Demand The final element of the human resources planning model is to determine how you are going to balance the demand you have for employees with the supply of employees available.

Detailed explanation-4: -Analysis of Organizational Plans and Objectives. Preparing a Human Resources Inventory. Assessing Future Supply and Demand. Matching Supply and Demand. Establishing an Action Plan. 29-Jul-2020