HR forecasting is referred to as the "heart" of the HR planning process.

Question

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HR forecasting is the process of predicting future labor needs and the supply of qualified workers within an organization. It is a crucial part of HR planning and is often considered the foundation upon which HR plans are built. Without accurate HR forecasting, an organization may struggle to staff its workforce effectively, resulting in inefficiencies, productivity losses, and increased costs. Therefore, HR forecasting can be considered the "heart" of the HR planning process.

HR Forecasting Is Referred to as the "Heart" of the HR