 Dear learners, continuing our discussion on stuffing, we shall start the part 2 of your unit on stuffing and here we shall take care of these two learning objectives. Discuss human resource planning. After going through this video and after reading your self-learning material and after going through your video reading those self-learning material, you should be able to understand that what is human resource planning, you should know it. Then we shall also explain the meaning of recruitment and discuss its sources. In the part 1, we discuss about recruitment to some extent. In this part 2, we shall discuss about meaning of recruitment and what could be the sources of recruitment. Let us first take the first learning objectives, discuss human resource planning. Human resource planning, let us say we have manpower planning, like any other planning, financial planning, marketing planning, human resource planning basically involves two aspects. Planning the land power requirements for all types and levels of jobs, top level management, bottom level management, subordinate functionaries will have to plan their requirements for all types, for all levels. Marketing specialist, finance specialist, production specialist, cost accountant, legal expert, land manager, estate manager. So we have to plan the manpower requirements based on the corporate objectives. Then planning the sources, where from those people will be sourced to the organization so that we can provide the right type of person to the organization. So as a HR manager, we are concerned about recruiting the right kind of people because ultimately they will run the show, is not it? So human resource planning involves these aspects. It involves determination of future needs of manpower based on our corporate objectives. We want to achieve a market share of 20 percent means what? We need to produce more. We need to sell more. In order to produce more, we need to have more number of factories or maybe existing factories, capacities will have to be enhanced. Capacities will have to be enhanced means more number of machine operators or like that. So in the light of organizational planning and structure, we shall have to determine the future needs. Then those future needs in a given day, suppose first year we shall need this many people, second year we shall need this many people, third year we shall need this many people, like third year we shall need this many people, how many of them will be promoted from within the organization, how many of them will be recruited from outside and how they will be utilized. These are the aspects. Human resource planning is very, very important because skill shortage is there and if we are having good quality of skilled people, they are likely to be hired by competitors. Government also controls, say in case of government organizations, SCST, OBC, recruitment, physically silenced persons, women's recruitment, we are having to meet a number of government requirements. Technological environments, one person is quite recruited today on a particular job. That particular job might get redundant. So in the next changes, more and more organizations are being banned by the younger people because India is known as Young India. Pressure groups, the unions sometimes exert pressures, the local, political lobbyists sometimes exert pressures in terms of equipment and organizations also keep on changing. So these are the aspects which make human resource planning much, much more important. So what is equipment? That is the second part. According to Flippo, Flippo is a reputed personal management expert. He stated that the requirement is a process of searching the candidates for employment and stimulating them to apply. So giving the equipment advertisement and motivating, stimulating the people that you apply for these jobs, our organization holds this kind of potential. Please come, please join, please apply. So equipment is that part. When they will be having more number of applications, then we can go for screening. Then we will be having a larger size. We will be having better size and that is the purpose of equipment. Sources of equipment could be one could be internal, the other could be external. So dear learners, here you may be given some multiple-choice questions. That which one of the following is an internal source of equipment? Which one of the following is an external source of equipment? So internal is within the organization. Suppose in the marketing department, we can have someone or suppose in the accounts department, we can have someone getting transferred from a establishment section. Someone is taking care of some technical aspects in one factory. He can be transferred to another factory to take care of some other functions. He can be given some more training. These are all internal arrangements within the organization. So internal sources means filling vacancies from inside the organization. And here vacancies are mostly filled to promotion, transfer, etc. From one job to another job. External is recruiting from outside. So when we are having right kind of persons within the organization, why should we recruit from outside? That is a question we need to according to some management philosophies, according to some management. Because more people from outside, they will bring in new thinking. Our current people, they are already developed into one's thinking processes. They will be having their own world. But outside people will bring in new thoughts, new perspectives. And sometimes the press people, suppose someone we go to the engineering colleges, we go to the management institutes, we recruit the first level employees, then we give them training as per our requirements. So some commonly used external sources are employment exchanges, government organizations, campus recruitment, engineering colleges, management institutes, polytechnics. Existing employees also sometimes give recommendations that I know someone in our competitor so and so. He would be a better person for us. We can go and approach the person that please come, apply, join our organization. Education as we have the institutions from outside through advertisement, trade unions also sometimes give some other recommendations. So these are basically the external sources. So the allowance, go to the SLM, go to this video, you have got to this video. Now go to the SLM, possibly you would be able to understand the human resource planning and recruitment better. Thank you. We shall come to the other part of the video.