CONCEPTUAL INSIGHTS INTO HUMAN RESOURCE PLANNING AND PROCESS DYNAMICS: A THEORETICAL APPROACH

  • Unique Paper ID: 172009
  • Volume: 11
  • Issue: 8
  • PageNo: 1649-1654
  • Abstract:
  • Human resource planning has become an essential function within organizations, ensuring that workforce skills align with strategic objectives to effectively address the challenges posed by competitive and ever-changing business landscapes. This study examines how personalized human resource management (HRM), sophisticated Management Information Systems (MIS), and strategic approaches such as the resource-based view (RBV) and dynamic capabilities (DC) can optimize HR practices. Through a thorough review of existing literature, the research highlights significant gaps in understanding firm-specific human capital, the relationship between HRM practices and business strategies, and the role of technological tools in HR planning. The findings indicate that personalized HRM leads to increased productivity, flexibility, and financial performance when compared to traditional approaches, while advanced MIS improves decision-making and scalability. The study also emphasizes the importance of dynamic capabilities in helping firms adjust to changes in their environment, which contributes to a sustainable competitive edge. Furthermore, contingency leadership and eco-capabilities are identified as crucial factors for promoting sustainability and engaging stakeholders. This research provides practical recommendations for merging innovative HR practices with technological progress, stressing the importance of adaptive strategies to address the changing needs of the workforce. It concludes by urging further investigation into emerging technologies and cross-industry applications to improve the effectiveness of HR planning and management.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 8
  • PageNo: 1649-1654

CONCEPTUAL INSIGHTS INTO HUMAN RESOURCE PLANNING AND PROCESS DYNAMICS: A THEORETICAL APPROACH

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