Learning Objectives 1. Discuss how to align a company’s strategic direction with its human resource planning. • 2. Determine the labor demand and supply of workers in various job categories. 3. Discuss the advantages and disadvantages of various ways of eliminating a labor surplus or avoiding a labor shortage. Human Resource Forecasting 1.How to forecast personnel needs 2. Forecasting the supply of candidates Managing Employee Separations, Downsizing, and Outplacement