Manpower planning is crucial to achieving corporate objectives. Every firm must estimate manpower needs to run smoothly. Proper or incorrect manpower planning and resourcing has various pros and cons.

Manpower planning, also known as workforce planning, involves analyzing and forecasting an organization's human resource needs to ensure it has enough skilled workers at the proper moment. Manpower planning benefits include:

1. Manpower planning helps balance staffing needs and facilitates staff relocation.
2. Manpower planning identifies high-turnover areas.
3. By effectively estimating worker demands, organizations can prevent overstaffing costs like salaries and benefits.
4. Manpower planning helps companies discover potential success skills.
5. By identifying future skill needs, organizations may invest in training and development to assure employee readiness.
6. The optimum amount of skilled workers boosts productivity.
7. Market trends and technological advances can be anticipated with manpower planning.
8. It helps organizations achieve diversity and inclusion goals by detecting representation gaps and developing initiatives to diversify and include the workforce.
9. Identifying essential jobs and prospective successors in advance helps organizations prepare for leadership transitions and maintain critical roles.
10. An organization follows labor laws with manpower planning. This involves avoiding legal difficulties like employee rights and working hours.
11. Understanding present and future workforce demands helps management make hiring, training, and organizational development decisions.