Factors affecting human resources planning practices in private organization: the case of CRDB Bank Limited in Tanzania

The main objective of this study was to explore factors affecting human resources planning practices in private organization, a case of CRDB Bank. Despite the efforts made by organizations to ensure that there are right people, in the right place, at the right time, there are still some challenges in the whole process of implementation of effective human resources planning in the Tanzanian private organizations. Failing to properly plan for their human resources, employers are forced to become reactive, rather than proactive. This tendency of creativeness causes problems of rush recruitment which sometimes led to wrong recruitments. Respondents were frown from CRDB Bank staff in three different branches. Sample of 60 respondents out of 196 were selected by using simple random sample. Questionnaires and documentary review were adopted as main tools of collecting data. Findings revealed poor implementation of HRP at CRDB Bank, and realized factors affecting HRP practices at CRDB Bank such as limited budget, ad hoc decisions, labour turnover, improper linkage of HRP activities with corporate strategy, improper information of HR, inadequate appreciation of the value of HR, lack of retention plan, and poor communication. The study concluded and recommended the need for the realization of HR as the most valuable assets and develops an appropriate reward system that will attract and retain employees in order to achieve a competitive advantage. CRDB Bank should consider recruiting HRP professions, who will ensure that recruitment is done with minimal errors, so that right people, to be in their right place, at the right time. HRP at the CRDB Bank should be established in a master plan where by the requirements of each project that is initiated should be incorporated in the budget.