manpower (noun, man-pow-er, \ ˈmænˌpaʊr \) planning (noun, plan-ning, \ ˈplænɪŋ \)
Definition: is the process of determining or predicting the number of employees that possess different skill sets that a company will need to recruit or train over a specific period of time to complete a certain project or maintain its core capabilities. Additionally, manpower planning requires an organization to think about the details of when and how it will find the necessary personnel and make appropriate arrangements beforehand. Alternatively, this process can be called Human Resource planning.
In a Sentence:
- During our manpower planning meeting, we’ve come up with two options: either we hire new employees to fill the void in our IT department, or we train the existing ones and compensate them for their additional duties.
- A crucial part of manpower planning is not only to think about which employees your business needs now, but what positions may be opened in two years.
- As a result of the manpower planning performed by Eleks, they’ve decided to create and fill a new manufacturing business unit.
Synonyms and related words: strategic planning, capital planning, life-cycle planning, acquisition planning, tactical planning
