An Organization might decide to allocate more resources towards marketing or product design rather than allocating more into employee recruitment and selection because they simply do not see the value in it. Companies might view recruitment and selection as something that isn’t a priority towards their strategies and goals, and therefore do not invest enough money or resources into the critical function of the business. Some organizations do not see the negative effects from not investing into their recruitment and selection. As we learned this week there are many effects including lost business, lost hiring expenses, lost time in correcting mistakes of the wrong employee, etc. It is crucial for companies to invest in hiring and selecting the right people, as it contributes to productivity, culture and much more.
The potential strengths to an organization that does not prioritize recruitment are very few. These organizations are able to focus on other functions of the business including product development, marketing, production, and finance. While these functions might benefit from this, it still creates a lot of weaknesses for the hiring department. As I mentioned above, when a company does not invest in their hiring and selection it can lead to lost business, lost hiring expenses, lost time in correcting the mistake of employees, disengaged and dissatisfied employees. If the wrong individual is hired for the job, this could lead to having to start the hiring process all over again and expending more time and money into the hiring, training and onboarding process for the company.
