Recruitment and selection are important aspects to every organization, but a lot of the time it will get overlooked by marketing or product design. In the short run it makes more sense to invest in your actual product or service, the organization may be thinking of ways to improve, redesign or, create something new. It makes sense to dedicate a lot of time to your core product or service because in the end that’s what is bringing in the revenue and profits for the organization. Additionally, it is easy to spend money on marketing because that is the way that customers will find out about your product or service which will drive revenue. When organizations decide to spend more of their resources towards marketing or product design they are focusing on the bottom line of making money but not looking at the bigger picture which can cause some shortcomings in the future. Some reasons why companies should devote resources to recruitment and selection is because the wrong person can cost. If you don’t hire the right person it can cost the company a lot of money in hiring expenses and potential legal fees, and a lot of time can be lost. Additionally, hiring a bad employee can prevent the organization from hiring a great employee. A strength to prioritizing recruitment and selection is finding great employees. Great employees are rare and if you have a good one they can provide a positive atmosphere that aligns with the organization’s culture, expertise, and new ideas.
2 replies on “Week 1: Case for Recruitment and Selection”
I like your point that investing more in product design and marketing is more of a short term investment while employee selection is a long term one. I think this is a great way to think about it. You can’t have a successful business without a good product or service. But your business will also struggle over time if you have bad employees.
I agree that the short run view is to rely heavily on product design and marketing at the expense of rigorous efforts in recruitment and selection. In a business, I don’t think one should be completely forgotten but there are a whole range of business possibilities that can occur when one segment is placed above the other. In the long run, once there is awareness of the product, a business will face difficulties if they do not have the capacity to innovate or benefit from the employee structure that should have been cultivated in the company from day 1.