Components of Commercial Value Chain
February 12, 2025
Introduction Information technology and system have changed the way business gets conducted. Every decision-making process is enhanced with utilization of an information system. Information systems have been deployed by human-resource team to enhance employee employer relationship. Companies require great deal of contribution from employee for its success though information systems have made several processes automated. […]
For any Business Organization which is eyeing a foreign market as a part of its Exports strategy, getting its Marketing and Supply chain in place forms a critical part of the initial process which will determine his initial foray into the markets. While doing business in foreign markets is very lucrative, the initial cost of […]
Flat World? The famous cheerleader of globalization, Thomas Friedman, characterizes the global economy as a “flat world” where anyone can reap the benefits of the many opportunities that are provided by globalization because there are no “barriers” anymore with the advent of the internet. The basic premise is that anyone from anywhere can use the […]
During the 19th century, the robber barons were dominating the American economy. A handful of people had more wealth and power than the entire nation. It is for this reason that they would collude with each other to keep everyone else at bay. These robber barons were depriving everybody else of fair opportunity as a […]
The Scandinavian countries are often seen as role models for welfare states. These countries are known for having very high taxation rates. However, many experts claim that these countries also have mechanisms to ensure that the money collected as taxes is plowed back to the people. Lately, Finland has been in the news for experimenting […]
Human resource is one of the pillars which defines a strong and successful organization. Workforce is the backbone of any organization and form integral part of its strategic plans and initiatives.
Recruitment and selection are two of the main function carried out by human-resource department. An organization undertakes recruitment under following circumstances:
The current workforce is constantly evolving with regard to the employee mix. Organizations are moving more and more toward temporary employees. Furthermore, there is an increase in single parent employees. Women as percentage of workforce have as well significantly increased. Human-resource manager needs to be aware of these changes and develop a recruitment process accordingly.
Every Human resource department has a team to manage the recruitment and selection process. Information systems have made it possible for companies to have a dedicated tool which helps in organizing the complete recruitment and selection process.
Recruitment management system greatly enhances the performance of recruitment process and delivers efficiency to the organization. The key characteristics of the recruitment management system are as follows:
Selection is a process through which candidate’s qualification and job’s requirement are matched as to establish suitability for the open position. The selection needs to have structured and definite process flow.
Selection process consists of various steps like interview, aptitude test, interaction with hiring manager, background verification, job offer and job acceptance.
Recruitment is a process in which there is search for potential applicants for various open positions, where as selection is a process in which candidates are short listed based on their potential.
Employee recruitment and selection are building block of any successful organization. In recent years, information system has played major role in driving efficiency in the process through standardization and process evolution.
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