HRM Report: Recruiting Talented Candidates for Competitive Edge

Verified

Added on  2023/01/05

|17
|1644
|51
Report
AI Summary
This report provides a comprehensive analysis of human resource management (HRM) practices, specifically focusing on the benefits of recruiting and retaining professionally qualified personnel within the context of LSST College. It explores the crucial role of HRM in workforce planning, recruitment, selection, and employee development, highlighting the challenges faced by LSST in a competitive market. The report delves into the advantages of retaining employees to reduce turnover, the cost-effectiveness of recruiting prepared professionals, and the importance of attracting individuals with better self-knowledge. Furthermore, the report outlines effective strategies for recruiting talented candidates, including leveraging existing employees, utilizing digital media, and incorporating AI. Finally, it examines methods for creating a competitive working environment, emphasizing advanced technology, continuous innovation, and strong brand networks. The report concludes with a summary of the key findings and references supporting the analysis.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
HUMAN RESOURCE
MANAGEMENT
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
TABLE OF CONTENTS
INTRODUCTION
TASK 1
Benefits of recruiting and retaining professionally qualifies personnel
TASK 2
Ways to recruit talented candidates with right knowledge and skills
TASK 3
Creating the competitive working environment
CONCLUSION
REFERENCES
Document Page
INTRODUCTION
Human resource management performs the most important functions in
any institution or workplace which are for the welfare of the employees
as well as the organisation such as workforce planning, recruitment and
selection, training and development, performance appraisal and many
more.
LSST is the biggest college in UK which is facing a tough competition
as many new entrants entered the emerging market.
The report thus will begin by describing the benefits of recruiting and
retaining the individuals with correct knowledge followed by the ways
in which the best and qualified individuals can be attracted and
recruited.
Also, various methods will be highlighted which can make the working
environment competitive in order to compete with the competitors.
Document Page
TASK 1
Benefits of recruiting and retaining
professionally qualifies personnel
LSST, being the biggest college in UK is facing a
tough competition due to the maximum number of
new entrants.
The college has expanded itself in four campuses in
UK. IT considers its education providers as the assets
of the college.
So, in order to compete with other colleges, the
college must recruit and retain the professionally
qualified personnel who are able to deliver the
specialist courses selected by the top management of
the college.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Retention of the employees reduces Turnover hassle
Employee turnover plays a major role in
any college or any business but high
turnover creates a hassle for the HR
team.
The qualified personnel if leaves the
college due to any reason will take away
significant time including the time to find
the replacement, waiting for the resumes,
screening the applicants, interviews etc.
Document Page
Less investment needed for training and
development
Recruiting the professional personnel saves the time and money of the college as compared to
recruiting one who is talented but needs to be trained in terms of proficiency skills.
So, in this case if the candidate comes already prepared, then there is no need to train but just to
enhance and aware the person with the goals and objectives of the company.
Less risks are brought by qualified personnel
Risk taking people are necessary in the organisations as they try to make the organisation risk free
by accepting and resolving the issues on their own
For this, the college must either retain the qualified individuals or can recruit the new and talented
personnel who can deliver the best knowledge to the students.
Document Page
Professional personnel have better self-knowledge
These professionals also move on the journey of self-discovery and tries to
contribute to the organisation by giving fresh ideas and new perspectives.
They are more grounded and do not believe in making extra investments.
They also cultivate their identities and incorporate ethics in all the practices
which improves the overall culture of the college.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
TASK 2
Ways to recruit talented candidates with right knowledge
and skills
It is very important for the higher education to recruit the talented
and qualified individuals as they are responsible the overall level
of education at the college.
Document Page
Leveraging the experience of existing employees
Employees of the institution are responsible for attracting the right skills and talents.
Along with extending the job opening’s reach, they help in humanizing the brand.
Due to the advancement of technology, the employees can share their experience easily to
the public.
The recruiters can do this by creating the testimonial videos, posting the pictures clicked
in various team building activities, writing the tweets in terms of employee satisfaction,
posting the career advancement opportunities which attracts the qualified personnel as
they can enhance their growth and development.
The best performers of the college can raise the awareness about the college which can
force the talented candidates to serve in their best way.
Document Page
Building the great brand of employer on digital media
Digital media is considered to be the potent recruitment tool as in short span of time it
can promote things easily.
The social networking sites like Facebook, Twitter and many more gives various
opportunities to the recruiters to interact and connect with the candidates with high
potential.
It was also observed that most of the talented and qualified candidates research on the
social media to apply for the job.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
By making use of AI
Due to the rapid advancements in the Artificial
intelligence, various opportunities and applications for
the people with right knowledge are opened.
AI can help the recruiters in finding the correct talents
more effectively.
Education Outreach
The college can take the initiative by creating
apprenticeship programs which can help the recruiters
in attracting the young talent who believe in
developing the sills according to the advanced
technology in colleges.
Such programs can provide excellent direction to the
talented individuals to enter the colleges and
institutions.
Document Page
TASK 3
Creating the competitive working environment
The college or institution or any other companies always tries to
create such an environment which cannot be copied by its
competitors.
More advanced technology: The technology of the college
must be most advanced as compared to the competitors which
can attract the candidates who wish to develop personally and
professionally.
Ongoing innovation: The companies and the institutions must
focus more the innovation as it is the most important factor
which differentiates it from others.
Document Page
Continue…
Scale: Scale must be set in terms of economies which can help in gaining more
competitive advantages.
Execution: The colleges make various strategies but the college which implement
those strategies effectively are the ones who get success and lead the other colleges in
terms of students, revenue and even the skilled personnel.
Brand networks: The colleges must build stronger networks with the suppliers in
terms of capital, knowledge and resources (personnel) which is really hard to duplicate.
Students involvement: The leaders of the college must involve the students as much as
they can because all the colleges do not involve students in the decision making and
other activities.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue…
Treating everyone with respect: The college must take all the decisions unbiasedly as
to enhance a positive culture at the place and which minimizes the chances of conflicts.
Building positive relationships: There must be positive relationships between the
knowledge provider and the knowledge receiver which helps in gaining the best results.
Therefore, LSST can follow the above mentioned ways in order to create such an
environment which becomes difficult for the competitors to copy and lead.
Document Page
CONCLUSION
The above report described the various aspects of LSST which is
the biggest college in UK in all the aspects. The benefits of
recruiting and retaining the professional and qualified personnel
in the college were mentioned.
Various benefits were highlighted which force the college to hire
the talented personnel who can deliver the best knowledge they
have.
It was followed by analysing the ways in which the college can
attract the qualified and talented individuals and effectively
implement all the strategies to bring the most skilled individuals.
Document Page
REFERENCES
Agyemang-Mintah, P. and Schadewitz, H., 2019. Gender diversity and firm value: evidence from UK financial
institutions. International Journal of Accounting & Information Management.
Brewer, B., Ashenbaum, B. and Blair, C.W., 2019. Cross‐functional influence and the supplier selection
decision in competitive environments: Who makes the call?. Journal of Business Logistics. 40(2). pp.105-125.
Davis, P.J., 2017. How HR can create competitive advantage for the firm. Human Resource Management
International Digest.
Gutiérrez, G. and Philippon, T., 2018. How EU markets became more competitive than US markets: A study of
institutional drift (No. w24700). National Bureau of Economic Research.
Lesenyeho, D.L., Barkhuizen, N.E. and Schutte, N.E., 2018. Factors relating to the attraction of talented early
career academics in South African higher education institutions. SA Journal of Human Resource
Management. 16(1). pp.1-9.
Lomer, S., 2018. UK policy discourses and international student mobility: the deterrence and subjectification
of international students. Globalisation, Societies and Education. 16(3). pp.308-324.
Mohammed, A.A., Gururajan, R. and Hafeez-Baig, A., 2018. A qualitative research to explore processes that
are utilised for managing talent: a case study in a Queensland Regional University. Australian Academy of
Business and Economics Review. 4(3). pp.188-200.
Mohammed, A.A., Hafeez-Baig, A. and Gururajan, R., 2018. Talent management as a core source of
innovation and social development in higher education [NYP 5/6/2019]. Talent Management as a Core Source
of Innovation and Social Development in Higher Education, pp.1-31.
Shearer, C.B., 2020. Multiple intelligences in gifted and talented education: Lessons learned from neuroscience
after 35 Years. Roeper Review. 42(1). pp.49-63.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
chevron_up_icon
1 out of 17
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]