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The effect of recruitment and selection on organizational performance
Importance of managing diversity in business
Importance of managing diversity in business
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Indeed, there are many elements for the recruitment and selection process as clarified in (figure:1). The elements are divided into job description, job specification, job advertising, job interview and the ability tests and selection.
In my opinion, although sales, customer and employee satisfaction had significantly increased, TAG still lagged its competitors on overall profitability. With manpower costs accounting for a significant part of the operating cost, HCL responded to the changing competitive environment and redesigned its talent management strategy. From my critical reading analysis, the case is set in the dynamic context of the growing competitive environment of talent shortages and increasing wage costs in India where the Talent
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Diversity management is a strategy that includes everyone, considering the differences between them and the different needs of each person and support them so that each person can fulfil their potential as much of, at a level as increased performance (Chambers & Trippel, 2009). Diversity management is a strategy to improve quality and equity in the labor market. The concept behind it is not just about tolerance and valuing differences but these differences (Fetzer & Tuzinski, 2013). Diversity management in HCL Technologies Ltd actually involves the integration of ideas and practices in diversity management and learning processes of a company and the daily environment. The diversity of employees can generate competitive advantage for HCL Technologies Ltd. For example, HCL Technologies Ltd understands that employees having different characteristics, bring diverse perspectives and information on the market segment of the organization, this can boost sales and profits; Heterogeneity teams work promotes creativity in all processes in the organization, groups with members who bring different cultures ideas and new perspectives on work tasks, which leads to creative
With market globalization and international competition, firms have come to realise that a diverse workplace is a strong competitive advantage in today’s markets. It helps to attract a diverse customer base and provides new perspectives in an organization. We see diversity initiatives being implemented to improve corporate productivity and performance.
Recruitment strategies for the company will be arranging the group interaction with talented and interested candidates, handpicking the dream candidates, actively searching the profiles of each candidate, attracting the candidates through different attractive offers (Cohen, & Cohen, 2007).
Merriam-Webster defines diversity as “the condition of having or being composed of differing elements; especially the inclusion of different types of people (as people of different races or cultures) in a group or organization” (Merriam-Webster, 2016). With diversity including many different elements, the concept of workplace diversity also covers a broad spectrum of topics, and continues to evolve as many companies look to expand globally. This subject has become increasingly important among managers over the last couple of decades, and has helped to reinforce other concepts such as affirmative action and equal opportunity employment. While most people believe that everyone should have the same opportunities available to them, and that we
Now more than ever a company needs to be diverse in their leadership and throughout the entire company. Moreover, to reach this extraordinarily diverse market, it takes an extremely diverse workforce that is able to tap into to their various differences to understand exactly what a diverse customer base needs and wants, which provides greater innovation in productivity. Furthermore, research has proven that for every 1 percent rise in gender diversity there is an increase in sales of 3% and in for each 1 percent increase in ethnic diversity there is a 9% rise in sales, this can equate large revenues for the firm that reaps the rewards of having a diverse staff (Smedley, 2014).
Businesses that promote diversity in today's global marketplace are better able to attract and retain the best talent. Employing a diverse workforce allows a company to utilize the potential within the job market to its fullest and contributes to overall economic growth and prosperity. Differences among co-workers should not divide a workplace. Rather, differences among co-workers should be used to foster creativity and innovation, thereby driving profitability and business success.
In a world that has grown increasingly smaller due to mass media, world travel, and readily available information, the workplace has grown increasingly diverse in both gender and cultural aspects. Individuals no longer live and work within the confines of their geographic locations. At almost any position with any company the individual employee is a part of a larger world economy that harvests assets from the ends of the earth. Because of this, companies seek to capitalize on diversity to become more creative and flexible in their business models.
Diversity in the workplace is important for employees because it manifests itself in building a great reputation for the company, leading to increased profitability and opportunities for workers. Making sure all members, students, parents and guarding’s are welcomed at all times in a well-mannered environment Workplace diversity is important within the organization as well as outside ensuring all different are put aside and everyone can come together and work well as a great team.
The process of talent acquisition is an effective approach that is undertaken by HCL Group for finding skilled human labour in order to meet organisational needs. The human resource professions play a vital role in recruiting talent to build strong human labour and bring out more productivity. Talent Acquisition is beneficial as it selects right people to set into right job so that quality performance can be given. The brand of HCL has given huge scopes to the candidates who are talented enough and can give innovative ideas to the company to make growth. According to the company, they prefer employee as their first priority than the customers. This strategy has promoted trust among the employees where they share information with one another
The word recruitment is described as the procedure of choosing the workers and then registering them for satisfying the openings in the business. The procedure is employed to distinguish the possible citizens who are appropriate for carrying out a definite job. The procedure endeavors to discover the most excellent individuals for the job. Conversely, selection is a procedure of choosing the individuals by scrutinizing them on diverse standards. Selection is referred to as the preliminary phase or footstep of employment since for hiring the novel workers ' selection is executed first. In addition, no set criterion for the procedure of selection exists. The workers are chosen consistent with the nature of work in addition to because of their skills and proficiencies. Recruitment is carried out in money-spinning way and inside a restricted time phase. For several institutes, it is the key and main action that is executed since the selection of workers is of much significance. Clearly, the employee recruitment and selection takes part in an immense role in preserving the company’s position. Erroneous selection and recruitment influences the overall position and worth of the company. Therefore, Recruitment and selection are the procedures that are linked to any company’s human resource department.
Diversity is a highly important issue in today’s business, especially in a globalized company. Workplace diversity helps to get better solutions to business problems (Schawbel, 2012). When you have a group of individ...
The Merriam-Webster Dictionary (n.d.) defines diversity as “the condition of having or being composed of differing elements; especially, the inclusion of different types of people (as people of different races or cultures) in a group or organization”. In general, diversity is often only related with differences in race and gender. In actuality, numerous elements can determine diversification in the workplace. Elements such as skills, abilities, experience, values, age, and education could be part of a diverse footprint in an organization. Other important attributes related to diversity include disabilities, religion, sexual orientation, and marital status (Guillame et al., 2013). The adoption of diversity in the workplace has the potential to increase organizational effectiveness in many ways. Organizations that practice diversity tend to increase their capacity to innovate and make better decisions.
The researcher believes, in this fast-changing era, any kind of company or organization should be able to improve the quality of workplace diversity by having some important main factor to boost the new paradigm of a diverse workplace, such as:
What does diversity means and what is the importance of it in the workforce? Well, diversity means the state of having people who are different races or who have different cultures in a group or organization, but when one speaks of diversity in the workplace, it is far more than just color. Diversity is an assortment of how employees function. It surpasses, race, gender, personality, age, education and any other category. There are many benefits of diversities such as adaptability, variety of viewpoints, effective execution, broader service and many more, but there also comes complication and difficulties in the workplace such as communication, resistance to change, successful management in policies, and implementation of policies.
Diversity in the workplace is very important in today’s global workforce because workers in the economy all over the world are currently made up of many different ethnicities, varied cultures, beliefs, and backgrounds. People that are involved in management such as managers, and supervisors could greatly benefit from being accustomed to diversity in the workplace because their job entails dealing with a multicultural work environment on a daily basis. Knowing how to handle diversity in the workforce and having the necessary skills for supervisors would be beneficial not only to them but also to the success of the company and economy because a strong, diversified workforce will create a more “creative, innovative, and productive workforce.” (Kerby, 2012).
To conclude, recruitment and selection process is all about finding and hiring the right person for the right job position. Selection is the process of conduction interviews and different tests, then choosing the most suitable applicant for the job. Recruitment and selection process is recruiting the right person for right job through different of tasks.