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Management by Objectives (Mbo) Method Involves Setting Specific Measurable Goals with Each Employee and Then Periodically Reviewing the Progress Made.

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Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss.

Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organization 's most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply.
Management by Objectives (MBO) method …show more content…

5. It is developed through active participation of both managers and job incumbents.

6. It has a greater chance of acceptance as both managers and incumbents are involved in its development.

Disadvantages:

1. It takes considerable time and commitment to develop.

2. There are separate forms that have to be developed for different jobs.

Q3. Explain the emerging trends in Human Resource Management and discuss the importance of technology on human resource function. Illustrate your answer with examples.

Q4. Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss.

Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organization 's most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply.
Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress made.

Advantages:

1. It sets objectives

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