After reviewing the slides for this topic, I would say that Jay outlined his argument that recruitment and selection are the most important function extremely well, but I know there are other factors we must consider. One of the main functions I would argue can be more important than recruitment and selection is the company’s efficiency of accounting practices. It is obviously very important that the money of the company is being managed appropriately and legally, so I would consider accounting practices just as important as selection.
<\/p>\n\n\n\n
Many organizations prefer to invest in marketing and product design rather than selection for a few reasons. A big reason is that they can see a tangible difference being made when they invest into the product or marketing schemes. But when companies invest in better recruitment and selection practices there isn\u2019t always an immediate impact or one that can be seen visibly right away. I would argue investing in recruitment and selection will entail greater long-term success than investing in marketing or product design would. Although, there are benefits organizations can gain from deciding to invest in product design, marketing, or accounting practices rather than recruitment and selection. For companies investing in product design, a company can come up with a more innovative idea, or pay for a new design that is cheaper to produce but has the same market value. Those investing in marketing could find that their expensive marketing campaign led to a 20% increase in sales volume since last year. Or they could spend money creating an advertisement that highlights the ethics of the company and create good PR for that company. <\/p>\n\n\n\n
Overall, every organization is different, and each will need to focus their attention on different factors of business according to what their current and future needs are.
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