Introduction
Introduction
Introduction
0 Introduction
1.1 Background to the Study
Since the growth of modern management science, solid business planning has become the key
differentiator enabling competitive success. It seems unnecessary to point out that planning for a
businesses most critical resource is essential. As we move forward we can underpin that
globalized workforce is the basis of competition. The principles of human resource planning and
development have achieved prime importance. The success of a business or an organization is
directly linked to the performance of those who work for that business and Underachievement
can be a result of workplace failures. It is imperative that conscious efforts are put into human
resource planning since failure to anticipate fluctuations in hiring needs can be costly.
Employees bring their own perspectives, values and attribute to organizational life, and when
selected effectively, these human traits can bring considerable benefits to organizations. One of
the most significant developments in the field of organization in recent times is the increasing
importance given to human resources. The development of people, their competencies, and the
process development of the total organization are the main concerns of human resource
management and recruitment and selection provides a perfect Launchpad for the same.
Recruitment and selection is the process of attracting individuals on a timely basis, in sufficient
numbers and with appropriate qualifications (Walker, 2009).Thus recruitment is the process of
identifying and attracting potential candidates from within and outside an organization to begin
Evaluating them for future employment.
Selection then begins when the right caliber of candidates are identified. Selection is thus the
process through which organizations make decisions about who will or will not be allowed to
join the organization. The selection process varies from organization to organization, job to job,
and country to country. Some of the processes include screening applications and resumes,
testing and reviewing work samples, interviewing, checking references and background.
Organizations use these processes to increase the likelihood of hiring individuals who possess the
right skills and abilities to be successful at their jobs (Walker, 2009).
It has been argued that in order for the firm to build and sustain the competitive advantage,
proper staffing is critical Recruitment and selection is a major HRM function as it encompasses
all organizational practices and decisions. Recent technological advances, globalization, social
trends and changes within organizations have brought new challenges for recruitment and
selection.
To manage a diverse workforce effectively, an organization must hire and promote the most
capable candidate for a job, while being mindful of the necessity to build a workforce that is
representative of the greater business community. This may be achieved through using more
appropriate and inclusive recruitment and selection strategies. Despite a recent increase in
published literature discussing recruitment and selection practices, there has been little change in
the types of methods used to recruit and select employees (Kelly, 2006)
Better recruitment and selection strategies result in improved organizational outcomes. The more
effectively organizations recruit and select candidates, the more likely they are to hire and retain
satisfied employees. In addition, the effectiveness of an organizations selection system can
influence bottom-line business outcomes, such as productivity and financial performance. Hence,
investing in the development of a comprehensive and valid selection system is money well spent.
It is vital that organizations select people with the quality essential for continued success in this
competitive global village of today. The only means of achieving this success is through proper
recruitment and selection practices.
Organizations exist not because of their desire to be benevolent but to also make profit. Though
their initial concern may be that of image building and winning the goodwill of the public, but
the ultimate goal is the achievement of the organizational goals. This means that there is the need
to plan strategically to cater for the short, medium and long term growth of the organization
especially when it comes to core processes like Recruitment and Selection.
1.7 Limitations
Like other studies, this study has some limitations. The limitation and recommendation for future
research are:
Firstly, the limitation concerns the nature of the measures used. The measures
included in this research were all based upon the perceptions of the participating
employees. Therefore, the potential for data inaccuracies due to item
misinterpretation or predisposition to certain responses on the part of the participant
does exist.
Secondly, responses have been solicited from Hindustan Media Ventures Ltd. Gomtinagar,
Lucknow. The perception of people may vary from those of the rest of India. The selection of a
more representative sample from India would bring more illuminating and
comprehensive database forward for better and well informed bank marketing decision
making.
As a result, the generalization of the findings of this research should be considered carefully.
Moreover, as employee feedback changes over time, a cross-sectional research design does not
offer nearly the same insight into the dynamics of employee feedback with a firm as a
longitudinal design. A longitudinal design would afford greater insight.
1.8 Methodology
The sample for the study was taken from the recruits of Hindustan Media Ventures Ltd.
Gomtinagar, Lucknow. The sample unit of the study constituted all senior staff from the various
departments. The sample size is restricted to one hundred (100). Simple random and purposive
sampling techniques were adopted in the selection of the sample units or respondents from the
departments.
Primary and secondary sources of data were used in the research. Questionnaires were used in
the collection of the primary data. Secondary data was sourced through the use of books, articles,
journals, and handouts on human resource development. Electronic search engines such as the
internet and Encarta encyclopedia were also used.