The number one take away from this term was taken from the first week of class and everything built off of it. The point that was made was that staffing is the number one importance within your company. Staffing we defined as the process involved in finding, assessing, placing, and evaluating individuals at work. The point was made and for our first discussion post, we were prompted to state if we agree or disagree and if we disagree, what would be more important. I think for many of us we thought that maybe the financial roles or the R&D would be more important, but after going through the term I began to understand how this point could be true.
We discussed some of the costs associated with poor staffing, and the reasons were numerous; Lost hiring expenses, lost business, lost time connecting the mistake of a bad employee, and litigation fees to name a few. Without proper staffing, a company is exposed to so much loss. These losses could be due to legal charges that could be related to discrimination issues or pay scale differences and many more. We learned and talked about all the laws that are important to understand to prevent running into these legal issues.
To support this, we talked about hiring techniques, testing, recruitment methods, and performance. The HR department has the biggest responsibility in the staffing process, and it was clear that this department must be strong for a business to thrive. The rest of the term we discussed how people are the biggest asset of the company, and without the right person doing the job, the company can really suffer. Not only can they suffer financially, but also the company culture can really be affected. By the end, I have a better grasp on why the claim that was made on the first day has clear validity.