Environment Scanning is an important part of HR Planning
HR Planning is the process by which an organization ensures that it has the right number and kind of people at the places, at the right time, capable of effectively and efficiently completing these tasks that will help the organization achieve its overall objectives
Environmental scanning is the process through which organizations maintain awareness of the opportunities and threats presented by the surrounding both macro and micro within which they operate.
For information that is obtained through an environment scan to be truly valuable leaders within the organization must use the data that is collected to modify as appropriate organizational objectives or strategies. The ability to demonstrate organizational ability in response environmental information is an essential the willingness to act upon that information is perhaps even more impotent.
There are some factors which have to be considered in this regard. These factors are given below.
Economics: Economic factors have a great impact on organizational activities but difficult to estimate. It includes inflation, unemployment etc.
Social, political, and legal factor: Social and political and legal challenges are easier to predict but their implementations are not clear all the time. Business is run by maintaining political situations, legal rules and regulations situations, legal rules and regulation and considering the welfare.
Technological: Change is different to predict and asses sometimes an organization cannot cope with this change but it affects the human resource palms.
Competitor; the factor who deals with the same product or service in the market, now a day’s competitor have an impact to conduct business in the market. Now a day’s competitor has an impact to conduct business in the market become organization has to consider the activities of the competition.