Recruitment and Selection of personnel. How to evaluate the Essay

Recruitment and Selection of personnel. How to evaluate the effectiveness of recruitment processes - Essay Example In the next step, the research establishes a correlation between hiring methods and organizational performance across various parameters like financial, productivity, quality, customer satisfaction, employee satisfaction and quality staff retention. Research finds that some of the recruitment and selection practices have a higher correlation with organizational performance across all the above stated parameters. Finally the study suggests methods for evaluating the effectiveness of the recruitment and selection practices. Among various studies on human resource practices, there aren’t many that focus on measuring effectiveness of recruitment and selection methods. Recruitment and selection are those vital components of HR function that provide human capital to the organization, which forms the core of competitive advantages for the company. Attracting quality manpower through various strategies, screening, short listing and carrying them through the selection process and finally inducting the most suitable candidates in the organization are the various stages involved. Some of the researchers like Breaugh & Starke (2000) have tried to find a correlation between recruitment process and subsequently success of the selected candidate on the job. That provides one parameter for measuring the effectiveness of one of the components. Retention of the selected employees cant be ignored from the scope of effectiveness of recruitment and selection strategies. Though once the suitable candidate is hired, half the job is done, some of the issues related directly to employee turnover and retention, might be unrelated to recruitment and selection processes. However, staff turnout before becoming productive, can be a sign of ineffective process. In todays competitive world, Human Resource function isnt just a support function and the measures like Balanced Score Card have been developed to measure HR from financial perspective as

Exporting and importing Essay Example | Topics and Well Written Essays - 2500 words

Exporting and importing - Essay Example Table of Contents Abstract 2 Table of Contents 3 Introduction 4 Government’s role for firms in gaining international competitiveness 4 Goods being damaged or lost in an export and import transaction 8 Managing the losses and risk 9 Challenges faced by exporters & importers by E-commerce and Internet Marketing 10 Conclusion 12 References 14 Exporting and Importing Introduction Globalization is a very important element for consideration by majority of the organizations. In the present era all firms are striving for becoming a global firm so that they can gain a maximum level of competitive advantage and allow their firm to gain more success and profitability. International trade is a common practice by organizations so that they can gain their status of having a global presence. Export and import therefore is becoming common in the organizations, organizations go for export activities to explore new markets and gain more profits. Organizations also go for import activities to be come a cost effective business and also provide consumers with high quality products (Zhu and Trefler 2005). The following discussion focuses on the role that governments play in making their organizations competitive in the international market. The advantages that are pertaining with the import and export transactions are also discussed. ... The laws and regulatory framework of any country is extremely important for any organization so that they can successfully conduct their export and import business. Governments need to protect the domestic interest of their country as well as give consideration to the international competitive market. It is usually an argument that is imposed by the governments of any country that they have to give protection to the organizations that have recently established in the country from the foreign competition and that are why they restrict the import of some products in the country for certain time duration. In these cases, the government tends to prohibit or reduce the level of imported products so that protection can be given to the new emerging industries. Also the governments at times tend to introduce quotas or allow the imported products to become more expensive and the tariffs must be imposed as well (Zhu and Trefler 2005). This policy of protecting the new industries in the country can be a danger to the economic level because the domestic products may not be having that quality and the consumers of the society may not be benefitted by this. There are chances of economic stagnation being observed in the country. It is the utmost responsibility of the government of any country to make sure that their economy is running efficiently and competitive level products are being provided to their society. The government therefore also a bear in mind that international competitiveness needs to be enhanced for their industries and therefore this alternative is kept available apart from the protection policies being implemented by the government. The governments of any country are highly concerned about