Organizational Effectiveness and Efficiency through Manpower Planning and Development: A Study on Selected Service and Manufacturing Organizations of Bangladesh

In the recent competitive business era of globalization it is truly tough to acquire the organizational effectiveness and efficiency without proper manpower planning and development practices. Manpower plays the dual role in operations, first, itself is an operative force and second, it makes the other forces operative and has a significant role in achieving the organizational effectiveness and efficiency. This study provides current and comprehensive information about manpower planning and development of some selected manufacturing and service organizations of Bangladesh and examines its impact on organizational effectiveness and efficiency. The research has been conducted based on a sample of 384 top and mid level employees of 10 manufacturing and 10 service organizations during the period of January to September 2012. The research findings show that there is a significant impact of formal manpower planning and development practices on the organizational effectiveness and efficiency. The researchers’ observation also shows that the larger firms are more likely to follow the formal manpower practices. The result presented in this study suggests organizations that they should formulate the formal manpower planning for achieving organizational effectiveness and efficiency.