Question: can you write a simple and short peer response to this post? --- Human Resource (HR) forecasting is the process of predicting how many employees
can you write a simple and short peer response to this post? --- Human Resource (HR) forecasting is the process of predicting how many employees a company will need in the future and what skills they should have (Dessler, 2020). It helps organizations plan ahead so they don't have too few or too many workers, which can cause problems like lost productivity or extra costs. HR forecasting is important because it helps companies prepare for changes and meet their goals. By knowing future workforce needs, companies can improve hiring and training, and avoid surprises when demand changes (Mathis, Jackson, Valentine, & Meglich, 2016). For example, if a business plans to grow or enter new markets, forecasting lets them find the right people before they actually need them. This process supports company interests by making sure the workforce matches what the business needs. When HR planning fits well with company goals, it helps control costs, keep employees longer, and improve work quality (Noe, Hollenbeck, Gerhart, & Wright, 2017). Two common ways to do HR forecasting are trend analysis and the Delphi technique. Trend analysis looks at past data and current patterns to guess future needs (Bratton & Gold, 2017). The Delphi technique asks experts for their opinions in several rounds until they agree on what the company will need (Cascio & Boudreau, 2016). Using both methods gives a better overall forecast. In short, HR forecasting helps companies get the right people at the rig
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