Workforce planning is the need of hour, it plays a tremendous role in the success of any organization, it explore many areas of human resource management with respect to workforce planning that calculates how workforce can be planned for current situation and how to forecast the requirement of future Projects, what are the critical and key success areas of workforce planning that can play an important role in workforce planning. Workforce planning is a systematic approach than can analyze the situation, plan it and then execute it in order to achieve the organizational goals. It estimates that what type of workforce is required in current situation and expected in future, what are the qualifications, age, experience, gender, attitude etc. of workforce is required that can give maximum benefit to the organization.
STATEMENT OF THE PROBLEM
The main problem in our organization is lacking in workforce and sometimes overburden with workforce, it happens many times that our organizations are complaining that we have enough workforce but quality of workforce is very less, there are very less workforce that is competitive and holding enough skills & experiences that is demand of their duties. Labor can be an easily accessible resource but having a quality of labor force is a competitive advantage. Our organizations are facing workforce problem problems because of not having constant work, sometimes number of projects are very high and sometimes very less so it increase the cost of the project either by increasing the wages and salaries or getting penalties due to delay in reaching the targets. Organizations are also facing a problem of quality of labor that we are not getting desired experienced or qualified employees at the time organization needs and sometime such type of labor is available in access. This also leads to increase the cost of Labor and Risk of Loss from the projects.
OBJECTIVE OF THE STUDY
Primary objective of this study is to find out the suitable plan for workforce planning in that helps in decision making and foster the process for management.
Secondary objectives of this study are to find out the role of workforce planning in increasing the productivity and reducing the cost of Organization.
Tertiary objective of this study is to find out the factors that influencing the performance of organization and workforce.
SIGNIFICANCE OF THE STUDY
Many researches has been conducted in Bahrain and rest of the world for planning but there still space to find out the main factors that are main hurdles in appropriate workforce planning. The outcome of this study will help the companies who are facing the problems of over or shortage of workforce or we won't be able to manage the quality of work force as it will define how to analyze the workforce requirement and how workforce for current and future needs can be balanced keeping in view the budgetary and profitability constraints. The results will also be very helpful for the Government and society that can estimate the main factors that reduce the productivity of the organization and also cause of a loss for the societies such as favoritism that can be a main hurdle in getting a good job for a talented person and getting high productivity for the organizations.
RESEARCH QUESTIONS
Key research questions are:
1. Are suitably qualified recruits available in the market?
2. Have there been any changes to government policy in Higher Education?
3. Identify international business demands?
4. Identify likely implications of increased competition?
5. What is the best "balance" of staff (employee mix) to achieve local area goals?
6. What additional skills and/or experience do academic and general staff require?
Attachment:- Dissertation.pdf