StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

How Good Recruitment Practises Help the Organisation In Achieving a Competitive Advantage - Essay Example

Comments (0) Cite this document
Summary
For this research, McDonald’s has been chosen as the subject for analysis. McDonald’s is the biggest food service company in the world. In 1993, twelve-monthly sales stood at 23 billion dollars. It is also one of the leading employers in the United States, with over half a million workers. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
How Good Recruitment Practises Help the Organisation In Achieving a Competitive Advantage
Read TextPreview

Extract of sample "How Good Recruitment Practises Help the Organisation In Achieving a Competitive Advantage"

Download file to see previous pages The business has roughly 10,000 locations, which consist of the typical sit-in restaurants, drive through windows, and outpost sites. McDonald's supremacy in the fast-food industry is not expected to evaporate anytime soon. The Company is expanding ad infinitum, as in December 2000, McDonald’s and its franchises functioned over 28,700 restaurants wide reaching in 120 countries and terrain, serving food and drab to over 45 million citizens on a daily basis.  Literature Review As per the article ‘Recruitment and Selection’ (2010), it can be said that the recruitment and selection belongs to value added HR processes. The staffing is about the capability of the organization to resource new employees, keep the business in commission, and improve the superiority of the human capital working in the company. The excellence of the recruitment process is the most important driver for the contentment of managers with the services provided by Human Resources Department. The article states that the recruitment is a costly HR Process and it eats a fat percentage of the HR budget. Recruitment is a process of taking into service the outlay of hiring. The competitive HR administration always starts with the competitive enrollment process. The organization builds the competitive advantage with its human resources. The recruitment procedure has to settle on the best sources on the occupation market. The HR recruiters have to make use of the recruitment sources, and the manager has to make the correct and immediate hiring decisions. This is a necessary set-up of the ready-for-action recruitment method. In the world of globalization and liberated market, businesses are facing ever-increasing rivalry and consequently questions on how to guarantee continued existence...
This essay stresses that effective recruitment and selection process can give an association a competitive edge over its competitors by saving both time and expenditure. McDonalds recruits most part of its employees from outside source especially from Newspaper ads that cost them less
This report makes a conclusion that McDonalds should go for online job advertisements, programs in educational institutions to attract qualified part-time workers. It should take into account different factors like cost of living, taxation, family requirements etc. in recruiting people. An orientation session should be organized at the start to give employees a clear picture of the organization and what it expects out of them. Recruitment policy should be exercised and focused on recruiting the best potential people and must ensure that each employee is treated equally with same dignity and respect; it should encourage employees to achieve self-actualization. Briefly it can be concluded that HRM and a company’s ability to attain competitive advantage are strappingly co-related. In today’s highly globalized world it is difficult for an organization to stay at the forefront and pull off a competitive advantage. The capability to attract the talent, select the finest budding and advancement of skills, stirring innovation and retaining the treasured employees will be the key levers for firm’s triumph. Organizations having good HRM managers and using good HRM strategies are prepared for action advantage. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“How Good Recruitment Practises Help the Organisation In Achieving a Essay”, n.d.)
Retrieved from https://studentshare.org/human-resources/1422170-how-good-recruitment-practises-help-the-organisation-in-achieving-a-competitive-advantage
(How Good Recruitment Practises Help the Organisation In Achieving a Essay)
https://studentshare.org/human-resources/1422170-how-good-recruitment-practises-help-the-organisation-in-achieving-a-competitive-advantage.
“How Good Recruitment Practises Help the Organisation In Achieving a Essay”, n.d. https://studentshare.org/human-resources/1422170-how-good-recruitment-practises-help-the-organisation-in-achieving-a-competitive-advantage.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF How Good Recruitment Practises Help the Organisation In Achieving a Competitive Advantage

Achieving Competitive Advantage at Continental Illinois Bank

...differentiation as well as cost leadership. Leadership indicated that the bank had to deal with various corporations which are quite large and are sensitive towards prices of the loans. The poor position of the bank made various wholesale operators withdraw their funds from the bank that left the bank in a situation of liquidity disaster. Therefore, this example shows as to how a business can fail in an attractive industry if it is unsuccessful to adopt a competitive strategy which is compatible with the industry (Cooley, 2009). A good company that can be cited as an example for demonstrating as to how a firm can gain competitive...
2 Pages(500 words)Case Study

Competitive Advantage

...). Corporate social responsibility helps in positioning the organisation in a proactive position to be able to manage risks and benefit from available opportunities while securing the image of the organisation and protecting the wider reputation of the stakeholders’ engagement (Filho & Idowu, 2009). Ethics is an act or behavior that produces more benefits than harms, and it entails protecting the rights and intellectual property rights of all stakeholders – customers, organisations, employees, managers among others. Social responsibility and ethic concerns the organisational performance, and to achieve competitive...
5 Pages(1250 words)Research Paper

Competitive Advantage

...to the company since it enjoys a long - term advantage free from imitations. No matter the magnitude of competition a good sustainable competitive advantage prevails. (Collis and Hussey, 2003) A sustainable competitive advantage is put up under three types of assets namely: - 1) The market positions - Under this we have the company's structural assets, financial, reputation assets, and lastly technological assets. All these assets can greatly determine the performance of a given company. 2) Management and organizational procedures. Harmony among members of any given firm is the major determinant of...
8 Pages(2000 words)Case Study

Competitive advantage

...a chance to control production (Kazmi 2008). In instances where the company wishes to increase output, it simply increases the input. This is not the case where suppliers have to be negotiated with leading to wastage of time. The organisation is also able to achieve exclusive access to a scarce resource which offers a barrier to entrants and offers a direct competitive advantage. Expansion of core competences When engaging in activities previously offered by suppliers and customers, a firm improves on its employees’ core competences. This in turn results in increased satisfaction in the workforce which is important towards achieving...
6 Pages(1500 words)Essay

Competitive advantage

...Nucor Case Study Instead of a separate performance appraisal system, Nucor judges performance based on quality, productivity and profitability. What are the advantages and disadvantages of Nucor’s choice? The primary advantage that Nucor gets out of its performance judgement system is outstanding labour relations. There are no union based problems as employees are satisfied and trust the company for their good. Moreover, Nucor’s system helps employees earn more money than their counterparts through innovative schemes. This ensures that the most productive people are brought to the front and appreciated accordingly. In most other workplaces, all people earn equal salaries...
2 Pages(500 words)Essay

Competitive Advantage

...Competitive Advantage Affiliation: Factor Tim’s Coffee Shoppe Competitor Queequeg’s Coffee) Competitor 2 (Tim Hortons) Score Comments Score Comments Score Comments Quality 3 Minor strength 3 Minor strength 4 Major strength Location 4 Major strength 3 Minor strength 3 Minor strength Employees 2 Minor weakness 2 Minor weakness 3 Minor strength Profitability 2 Minor weakness 2 Minor weakness 3 Minor strength Product 4 Major strength 2 Minor weakness 3 Minor strength Price 1 Major weakness 2 Minor weakness 2 Minor weakness Service 3 Minor strength 3 Minor strength 3 Minor strength Advertising 2 Minor weakness 3 Minor strength 4 Major strength Total 21 20 25 1 – Major weakness, 2 – Minor...
4 Pages(1000 words)Research Paper

Achieving Competitive Advantage through Human Resource Strategy

...> [Accessed 03 April 2013]. Boxall, P., 1998. Achieving Competitive Advantage through Human Resource Strategy: Towards a Theory of Industry Dynamics. Human Resource Management Review, 8(30), pp.265-88 Boxall, P., Purcell, J. and Wright, P., 2007. The Oxford Handbook of Human Resource Management. Oxford University Press. Brown, D. and Wilson, S. 2005. The Black Book of Outsourcing How to Manage the Changes, Challenges and Opportunities. New York: John Wiley & Sons, Inc. Brown, R. H. and Hale, K., 2007. Business Process Outsourcing Worldwide Forecast Database. Gartner, Inc. Bureau of National Affairs, 2012. HR Department Benchmarks and Analysis 2012-2013. [pdf] Available at: Achieving Competitive...
15 Pages(3750 words)Essay

Competitive Advantage

...into so that in case one fails, the others can still remain relevant for a company. In relation to cost, it entails a firm being in able to offer its products and services at reasonable prices and still make profits. To attain this, a firms recruits labor and conducts education and training forums to keep them up to date with the company’s expectations and save on production costs. On the aspect of differentiation, a company will want to create an advantage on its products with respect to branding, quality as well as innovation among other issues. The main aim of differentiating goods and services ought to be, to satisfy each customer’s needs and give quality for money paid (Pearce &...
1 Pages(250 words)Assignment

Competitive Advantage

...Barnes & Noble is the industry leader in the book industry. The company generated $7.13 billion in sales in (Barnesandnobleinc, . The organization holds various competitive advantages over a small bookstore. As a public company whose stocks are traded in the New York Stock Exchange Barnes & Noble has greater access to capital than small bookstores. The firm has the ability to raise capital through the sale of stocks and bonds. The company also has a superior marketing and advertising budget which has enabled Barnes & Noble the ability to build brand value. Barnes & Noble has the greatest product variety in the industry in both books and e-books. Due to the size of the company the firm is in a better position to offer lower prices... . The...
1 Pages(250 words)Assignment

Competitive Advantage

...International on Corruption will be put in place. Competitive advantageCompetitive advantage has been defined as that favourable position sought by organizations in order to maximize its profits above their competitors. It involves the communication of larger perceived value targeting markets that cannot be met by the competitors. Competitive advantage is likely to be achieved through different avenues that include the offering of superior quality products or services. Some of these practices involve the lowering of prices as well as raising the efforts in the market. A competitive...
4 Pages(1000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic How Good Recruitment Practises Help the Organisation In Achieving a Competitive Advantage for FREE!

Contact Us