Strategic Manpower Planning is a structured, disciplined process for identifying and communicate the gaps between current and projected future manpower requirements.In the human resource industry, Manpower Planning is the foundation of leadership position, which consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization.

It provides a sensible business basis for prioritizing, developing, and funding talent practices that support business objectives, while reduce HR practice risk.

Manpower Planning is important to organization in following manner: 

• Shortages and surpluses can be identified so that quick action can be taken wherever required.
• All the recruitment and selection programmes are based on manpower planning
• It also helps to identify the available talents in a concern.
• It helps in growth and diversification of business. Through manpower planning, human resources can be readily available and they can be utilized in best manner
• It helps the company to realize the importance of workforce management which ultimately helps in the stability of a concern.