Describe the importance of human resources planning to management?

Human Resource Planning is important for any organization’s management, in the following ways; 

1.Provides quality workforce: One of the Importance of Human Resource Planning is that effective Human Resource Planning fulfills the organization needs for a quality workforce.// 

2.Reduces labor costs: Another Importance of Human Resource Planning is that a proper Human Resource plan reduces labor costs substantially by maintaining a balance between demand for and supply of HR i.e. works as a cost saving device for the company.// 

3.Facilitates rise in skills: Another Importance of Human Resource Planning is that it facilitates the rise in skills, abilities and potential of the workforce through training and development.// 

4.Effective motivation: An effective Human Resource Plan provides multiple gains to the employee by way of promotions, increase in salary and other fringe benefits.// 

5.Safety of health:  It provides for welfare, health and safety of its employees thus leads to an increase in productivity of the employees in the long run.