d. Human Resource Planning

Techniques for Forecasting of Human Resources are; (1) Delphi technique, (2) Nominal technique, (3) Brainstorming, (4) Ratio Analysis, (5) Trend Analysis, and (6) Scatter plot.

Human resource planning is the organization’s determining the staffing support needed to meet business needs and customer demands.

Succession planning is a process whereby an organization ensures that employees are recruited and developed to fill each key position within the company.