Answer to Question #109322 in Management for Ashna

Question

1. Discuss the HR planning process and its importance in light of the 2020 trends.

Answer 1

Human resource planning has a crucial role in the productivity and profitability of a firm. Changes in the contemporary market have emphasized leaders to observe employees as critical assets in the company. This signifies the need to take care of employee needs and to engage them in making decisions for the company and the community as a whole. The HR aspect in business can be identified through the changing trends of employee satisfaction in improving productivity in modern companies.