To counter, the claim made in the mini lecture that recruitment and selection is the company’s most important function. I would like to argue that building up the products and services is important for the company because without financial means it can hinder what the company can do in all areas.
Organizations may decide to allocate more resources toward marketing or product design over recruitment and selection for several reasons. One reason for this can be due to the organization simply does not want to prioritize finding quality workers, training them, and then supporting them from the very start of the hiring process. Along with this, they may not be willing to spend a large amount of money on this area.
As well, choosing to allocate funds towards marketing and product design can capture the attention of the market by selling and promoting their products/services leading to more revenues. It’s easier to see clear direct performance outcomes when funds are allocated to marketing and design compared to recruitment and selections. Making allocation of funds easier to be justified.
The strength of an organization not prioritizing recruitment and selection is that it can spend more time developing its strategy and products. As the quality and level of work can be better, more innovated, and foster a more competitive edge in the market. As a priority in this area would be given adequate funding. In combination, focusing on marketing and connecting with consumers can lead to better market presence, connection with consumers, and build a more competitive edge. Thus, having a larger presence can lead to more revenues and opportunities for the company.
In comparison, a weakness can be seen in employee quality of work. By not prioritizing recruitment and selection of employee’s candidates that are not best suited for the position may be hired. As a result, it can lead to poor quality of outcomes, and it can reflect badly on the organization.
Lastly, retention of employees can be poor as employees may not feel valued and properly supported/trained for their positions from the start. Leading them to pursue other opportunities because of a lack of support within.