10-7 Human Resource planning OHR Planning includes all activities managers do to forecast current and future hr needs Must be done prior to recruitment and selection Demand forecasts made by managers estimate the number qualifications the firm will need Supply forecasts estimate the availability and qualifications of current workers and those in the labor market " win/MeGraw-HHill CThe McGraw-Hill Companies, Inc, 200010-7 Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000 Human Resource Planning ⚫HR Planning includes all activities managers do to forecast current and future HR needs. ◼ Must be done prior to recruitment and selection ◼ Demand forecasts made by managers estimate the number & qualifications the firm will need. ◼ Supply forecasts estimate the availability and qualifications of current workers and those in the labor market