Manpower resource is the most vital factor for the survival and prosperity of a firm. An efficient management will always think of developing adequate talent for various positions in the organisation. Planning is the thinking process, the organized foresight, the vision based on facts and experience that is required for intelligent action.
Planning simply means what to do, how to do it, when to do it and who is to do what.
Manpower planning is a strategy for the provision, development , allocation and utilization of an enterprise' human resources. To ensure optimum use of available manpower - vacancies to be filled. Requirement may arise due to expansion of the plant, discharge, retrenchment, lay-off, demotion, or separation all of which creates a need for additional workers. Help in recruitment and selection - right man in the right job reduces turn over. Weak incumbent Education, training and counseling programs To change job contents - withdraw and assign other jobs, adjusting the degree of decentralization, providing additional assistance when one is weak, removal of incumbent.