Managing People in Organisations Assignment - Capital Cost Consultants Limited
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Added on 2020-10-22
Managing People in Organisations Assignment - Capital Cost Consultants Limited
Added on 2020-10-22
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MANAGING PEOPLE INORGANISATIONS
INTRODUCTIONManaging people in organisations is a crucial step undertaken by organisations globally.This report aims to provide a detailed account in regards to recruitment, selection, induction andtraining Process followed at Capital Cost Consultants Ltd (Capital Cost Consultants Ltd, 2019).The local business was established by two ex-colleagues who recognised the need to offer arealistic opportunity towards diverse portfolio of organisations. The consulting firm providesservices for saving money and reducing overheads as well as charges affordable prices andbrokerage to their clients. In addition to this, motivational theories as well as factors related toindividual behaviour and effective teamwork are also scrutinized in detail.TASK 1Recruitment and Selection ProcessIn the context of given case scenario, this process helps Capital Cost in providing anadditional supply of potential employees who are highly productive as well as capable which inreturn increases the success rate for the firm through the employment of their skills and level ofcompetence efficiently (Basu, 2014).. They follow the following steps while implementing the aforementioned procedure:Establishing a Job Vacancy: Under this step, the Capital Cost management identifies a requirement for job that needs to beaddressed to ensure that proper functioning of the firm continues. The consulting firm ensuresthat every vacancy that they establish has a certain path in the long-term which would motivate apotential employee to stay associated with them for a longer period of time.Job Analysis:This step helps in clearly jotting down the content of job specifically in terms of what the jobentails, the tasks needed to be executed in relation to the successful completion of the job as wellas necessary qualifications that are required for it. There are two variable that critically impactJob Analysis:Employer's Expectations: The consultants at Capital Cost expect that an idealcandidate for a job would be one who is diligent, regular, capable, moral, creative andis able to perform their duties exceptionally at the workplace. 1
Job Characteristics: These relate to training, work experience, skill-set andknowledge, physical dimension, personality attributes as well as privatecircumstances that an individual brings with them to the workplace. Attracting Candidates:Capital Cost advocates both internal as well as external recruitment and selection procedures inorder to fill a particular job vacancy in their organisation. Internal Recruitment entails up-gradation or promotion of an existing employee thus resulting in saving on expensiverecruitment and training costs. Whereas, External Recruitment requires conduction of theentire process of recruitment, selection, induction and training.Screening:As one job vacancy may have many candidates it is important to filter out the relevant ones fromthose who are not. This process is known as 'Screening Candidates' (Day, 2014). Under this,Capital Cost filters out the most relevant job candidates on the basis of educationalqualifications, experience, skills among others who are then included in the further processstages of Recruitment and Selection.Interviewing:After the Screening has been completed, the potential candidates are interviews in order toascertain whether the chosen individuals are fit for the job or not. For this purpose, Capital Costmay implement panel, face-to-face or stress interviews depending on their needs and preferences.Selection and Appointment:Capital Cost inculcates the habit of verbally as well as non-verbally communicating theappointment to their selected prospects. In addition to this, contracts are signed eitherimmediately or on the date of joining depending upon the urgency of the situation at hand.JOB ADVERTISEMENT DOCUMENTATIONCAPITAL COST CONSULTANTS LTD.Role: “Business Consultants”We're hiring!Capital Cost is delighted to announce that we are seeking zealous and risk-taking individualswho are ready to take on the world as the future of Business Consultancy.Job Type and Location:Client-Site Based, Permanent, Full-Time; Portsmouth, London.2
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