Human Resource Planning Essay Example | Topics and Well Written Essays - 1500 words - 2

Human Resource Planning - Essay Example ed now to contribute to the creation of sustainable competitive advantage more than tangible assets such as â€Å"raw materials, fixed capital, and even managerial knowledge.† Leveraging knowledge is the key reason attributed to corporate success stories such as the tremendous ‘overvaluation’ of high-tech and Internet companies. (Bontis & Michael, 2002 ) With respect to the importance of human capital in modern business environment managers need to develop organizational skills such as managing networks, master HR planning and development. In this paper we’ll view several HR planning and development methods and evaluate them with respect to objectives of United Utilities, water supply waste water treatment and disposal company. United Utilities employs over 17,000 people and is one of the main infrastructure and business process management companies. The group also owns two support services businesses: United Utilities Contract Solutions and Vertex which use the core skills of infrastructure management and business process management in the process of supply of services to others. (United Utilities Taps into Community Spirit, 2006) The principle objectives, which specify the strategy of United Utilities, can be summed up to improvement of the efficiency by means of maximizing synergies as a multi-utility operator and development of support service businesses by means of application of the main skills of infrastructure management and business process outsourcing in competitive markets. (Our Strategies, 2006) Besides, United Utilities tries to satisfy all parts, providing growth for shareholders, minimizing expenses for customers and providing its employees with challenging and rewarding jobs /Our Strategies, 2006/. The main sources of recruitment are employment agencies, university appointment boards or fairs, internal promotion or introduction and advertising. Taking into account the objective of United Utilities to find high-qualified staff in short