Directorate of distance education master of business administration

3. Providing Base for Developing Talents 
 Jobs are becoming more and more knowledge oriented.  This has 
resulted into changed profile of manpower.  Therefore an organization 
must be ready to face such an eventuality by taking proper HRP.
4. High Cost of Investment in HR 
           The cost of acquiring, developing and retaining personnel is 
increasing much faster than the average rate of inflation.  This increasing 
cost may be taken care of by proper HRP which provides the way for 
effective utilization of such talents.  In fact, such a high cost has forced 
many companies to have a relook at their HRM functions and particularly 
HRP and to align these with new situations.