planning process begins with considering the organizational objectives and
strategies. Then both external and internal assessments of HR needs and supply
sources must be done and forecasts developed. Key to assessing internal human
resources is having solid information, which is accessible through a human resource
information system (HRIS).
Once the assessments are complete, forecasts must be developed to identify
the mismatch between HR supply and HR demand. HR strategies and plans to address
the imbalance, both short and long term, must be developed.