Loading...

How to manage human capital

Project Report 2012 14 Pages

Business economics - Business Management, Corporate Governance

Excerpt

Contents

Abstract

Introduction

Methods:

Recruitment and Selection in Tesco:

Recruitment and Selection at Sainsbury:

Conclusion

Recommendations

References

Abstract

Recruitment and selection are the processes of human resource management that are applied in organization for fulfilling its human resource needs. In this report, recruitment and selection processes adopted in Sainsbury and Tesco have been discussed and compared. This report also discusses the importance of recruitment and selection for the organizations. Only secondary data has been included in the report for the evaluation of its aims and objectives. Through company reports and articles, recruitment and selection processes in both organizations have been discussed and compared. The findings of the report suggest that recruitment and selection in both organizations has been developed in terms of a structured activity. At Tesco, internal and external sources of recruitment are used for fulfilling existing posts in the organization. It relies on internal sources more than on external sources. Television, radio, newspapers and internet ate preferred tools of recruitment by Tesco. It also allows candidates to drop their resume in stores for further selection process. On the other hand, Sainsbury relies on internal and external recruitment tools, equally. Internally, existing employees are assessed for promotions on higher levels in the organization. Through external sources, Sainsbury attracts suitable employees from website and assessed the suitable candidates through several tests and interviews. By comparing the recruitment and selection strategies of both organizations, it is found that Tesco has adopted costly and time consuming strategies. Moreover, its store recruitment strategy does not ensure selection of suitable candidates. On the other hand, Sainsbury is cost effective in its strategies but these strategies can be time consuming. It is recommended that Tesco needs to rely adopt cost effective mechanisms for recruitment and selection. On the other hand, Sainsbury need to shorten its time of final selection.

Introduction

Human resource is the most important asset of an organization because it impacts on the achievement of organizational aims and objectives. Human resource management is a wide discipline that comprises of several processes regarding management of workforce in an organization. Recruitment and selection are two important processes of human resource management that aim at the hiring of qualified employees in the organization. The criteria for getting competitive advantage have changed over the past decade. Now, organizations compete on the basis of human resource. Human resource can be a sustainable source of competitive edge, if it is highly efficient and competent. Human resource decides that whether organization has capability to achieve its strategic aims or not. Recruitment and selection are the processes which ensure that organization has capable and competent workforce. Recruitment and selection are highly important for the organizations because these processes have long lasting impacts on the achievement of organizational aims and objectives. If an organization recruits wrong kind of employees for a position, it will be wastage of cost and time. Therefore, many factors need to be considered by the organization for final recruitment and selection. These processes can be time and cost consuming. However, because of their long terms impacts on the organization, high consideration to several factors must be given by the organizations. Ahmed, Tabassum & Hossain (2006) have suggested that wrong recruitment and selection can lead to failure of the organization. This report is going to discuss the recruitment and selection processes within two organizations i.e. Sainsbury and Tesco. In addition to this, comparison of recruitment and selection processes in both organizations is also made.

Aim of Project:

The aim of the project is as follow:

“To evaluate the recruitment and selection process followed in Tesco and Sainsbury”

Objectives of Project:

The objectives of the project are as follows:

- To define recruitment and selection processes
- To understand the importance of recruitment and selection
- To study the recruitment and election process followed in Sainsbury
- To study the recruitment and selection process followed in Tesco
- To compare the recruitment and selection strategies of Tesco and Sainsbury
- To propose recommendations for improving the recruitment and selection processes in both organizations

[...]

Details

Pages
14
Year
2012
ISBN (eBook)
9783656404491
ISBN (Book)
9783656407256
File size
510 KB
Language
English
Catalog Number
v212291
Institution / College
The University of Liverpool
Grade
A

Author

Share

Previous

Title: How to manage human capital