...Background: The topic of selecting an Enterprise Resource Planning (ERP) Recruitment Solution vs. a Best in Breed (BoB) Talent Acquisition Solution is very common these days, especially as companies look to reduce costs, while competing and ultimately winning the “War for Talent”. The purpose of this document is to compare and contrast the benefits of each approach, using examples and quotes from individuals who have experienced both types of implementations and finally, to offer thoughts and questions that must be considered when making this decision. Best of Breed Talent Acquisition ERP Recruitment Solution Pros Cons Pros Cons Historically better functionality, more comprehensively meeting business requirements, configurability, and compliance Lesser functionality; playing “catch up” to BoB vendors (some ERP products still have no Career Hosting functionality, are not available as an ASP, offer no Job Agent technology, candidate prescreening, etc.) Requires interfaces to disparate HR systems/components Integration with HR/Payroll components, e.g. eferral payment processing integrated with payroll, on-boarding, etc Integration points & functionality still required for background checking, job posting services, assessment services, tax credit services, etc. Vendor focus & expertise. Dedicated resources to evolving the product. Dealing with a single vendor. Talent Acquisition not focus of development resources and R&D investment Implementation/updates/upgrades...
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...Recruitment and selection THE RIMFIRE CASE STUDY By- SANYA MEHROTRA Case study: Recruitment specialist uses online system to support innovative HR solutions Introduction: Rimfire Resources is a young and expanding Australian company providing People, Information and Business Improvement solutions in the niche markets of Community Services and Agribusiness. Rimfire Resources approach to client service is to ensure that solutions are customized professionally, with integrity and confidentiality. Their ideal online recruitment system would need to meet these same criteria. The company had been using CRM software which was fine for managing client information (i.e. the companies on whose behalf they were recruiting), but unable to provide the search functionality. Rimfire Resources was looking for the right online recruitment solution. The Rimfire Resources team spent time developing clarity about the key functionality their ideal system would offer. Problem identification: Rimfire wanted the best candidate focused system possible. For the selection process, Rimfire Resources had tried a number of systems, but none were able to offer the right and suitable solution. In particular they were looking for a system which would allow them to: • Have collective information about the candidates applying, along with easy access. • Having up to date data about the candidates, which have validity and are genuine...
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...only reason to implement diversity initiatives within a company’s business strategy. Increased globalization, improved financial results and employee retention are all part of a growing business case for diversity. To me, one of the most persuasive case for diversity is winning the competition for talent. The United States is the most diverse country in the world and no wonder is so economically successful and world super power as compared to other developed nations. I believe this same principle applies to business organization. Take for instance, the U. S, boost of some of the world’s finest or talented physicians due the diverse Nature of its population. Another important case for business diversity is recruitment and retention. When it comes to the workforce, recruitment and retention are two major areas of focus right now. Companies are scrambling...
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...Organizational Behaviour 5100 Section B EXECUTIVE SUMMARY Since its inception, Eden McCallum contracted independent consultants on a per‐project basis and managed to attract a growing number of clients by offering low costs and flexible arrangements. This particular business model attracted a diverse range of corporate clients and resulted in a steady growth for the firm over the years. In January 2009, the global economic downturn severely impacted the firm. As a result, the two founding partners must determine whether they want to continue growing and risk financial loss or cut costs and risk losing talented and hard‐earned partners. The core issue for Eden McCallum is that it has failed to restructure its business model in a weakening global environment. Furthermore, the root cause of the problems identified in this case is that the short‐term goals of the advisory board are not aligned with the long‐term goals of the founding partners, who are looking to expand. In order to tackle these problems, three alternatives have been identified and evaluated against a decision criteria. First, we considered having the partners forgo their own profit share compensation and apportion it out to the central staff members to show a sign of confidence in the sustainability of the firm. The second alternative entails cutting costs by laying off central staff members. Finally, the third alternative involves investing more resources into the company to ...
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...principal all HR processes can be supported by IT. This paper aims at giving a clear definition of what HRM and e-HRM actually is, as well as the current uses and technologies utilizing the e-HRM concept. This paper will also discuss some of the pros and cons associated with e-HRM from 4 different perspectives: individual, operational, relational, and transformational. Keywords: e-HRM, HRM, technology, management With the rapid development and expansion of the internet the realization and application of e-HRM has intensified. Technological optimist assume, that from a technical perspective, the IT possibilities for e-HRM are endless: in principal all HR processes can be supported by IT. Surveys of HR consultants suggest that both the number of organizations adopting e-HRM and the depth of applications within the organizations are continually increasing. (CedarCrestone, 2005) In addition, there is anecdotal evidence that e-HRM is becoming increasingly common and may lead to remarkable changes. (Anonymous, 2001) This paper aims at giving a clear definition of what HRM and e-HRM is, as well as the current uses and technologies utilizing the e-HRM concept. This paper will also discuss various pros and cons associated with e-HRM from four distinct perspectives: individual, operational, relational, and...
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...1986 and loans totaling $125,000 by 1989.The partnership was later dissolved on April 4th 1989leaving tom bailey founding manager as onus. In the household market Mr. Bailey is unable to determine the definite size of this market and his market share. However it is clear that the market has contracted as a result of socio economic conditions. There are 9 competing firms other than bailey’s each offering different services and price ranges. In the commercial market bailey’s is also unaware of the exact size of the market or his company’s share in the commercial sector. In this market as well, a few prominent firms compete with smaller ones; the commercial is more competitive in relation to pricing. Ms. Marlene smith, a local marketing consultant estimated that bailey’s could capture 50% of market share depending on it is marketed. Mr. Bailey strongly believed that if there’s one thing that all businesses need, is working capital; however, baileys financial position was weak .Bailey’s former accountant did not always complete financial statements and had the company’s accounting history in a general state of disorder. Mainly because of the company’s weak financial state it had limited working capital which is necessary for the procurement of materials. In the...
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...THE SIX COMMON RECRUITMENT TECHNIQUES INTRODUCTION Recruitment is a fundamental human resource function that overarches many different aspects of the organisation’s overall performance. There are many different ways to recruit new talent to a company, all of which have pros and cons. Therefore recruiters employ a number of different techniques to search and obtain the best possible candidates from the multitude of interested employees. In this paper, the writer seeks to analyse common recruitment techniques which include advertising, head hunting, labour agencies, referrals, existing employees and e-recruitment. The key terms to be defined are recruitment and recruitment techniques. DEFINITION OF KEY TERMS Recruitment According to Beach (1987) recruitment is the development and maintenance of adequate manpower sources. It involves the creation of a pool of available labour from which the organisation can draw when additional employees are needed. Tyson and Fell (1996:28) define recruitment as, “the process of finding and hiring the best qualified candidate (from within or outside of an organisation) for a job opening, in a timely and cost effective manner.” Therefore, from the two definitions above, it can be said that the recruitment process involves analyzing the requirements of a job, attracting employees to that job at lower cost, ensuring that there are equal opportunity for employment for all potential applicants. The main purpose of recruitment is to ensure that...
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...GE’s Talent Machine Case Submission AKESH KHANDELWAL (159278005) BOOPATHI RAJA P R (159278021) CHANDRAKANT KHETAN (159278022) JAYESH PARDESHI (159278053) SANDEEP PATTANAIK (159278084) Q1: Do HRM SWOT? Answer: HRM SWOT Analysis Strength Weakeness •Promoted its top leaders from its own rank •Meritocracy-based practices •Emphasis on education (on/off-the-job training) at all levels •Decentralization of authority and responsibility •Ease of switching division/business, location •Good mentoring programs •Can attract good talent because of good brand name •Vitality Curve forced performance classification, which may not always give the true picture •Depandency on talent from America •Strongly performance-driven appraisal system •Strong sacking policy for under performers •Less weightage given to experience and position for appraisal and promotion •In more hierarchial business cultures, like India, it is difficult to attract & retian managers Opportunity Threat •Aggressive international approach for recruiting •Better candidates could be hired for top positions if GE were open to hiring from external sources (just not focus on internal progression) •Have more external talent acquisition engagements to attract industry experts rather than shifting people from within to leadership roles from different verticals. •Initially, post MBA the top talent preferred to go to Wall Street •People with ambition to become chairman/CEO in...
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...M ARY SUM NER School of Business, Southern Illinois University, Campus Box 1106, Edwardsville, IL 62026, USA The purpose of this study was to identify the risk factors in implementing traditional management information systems projects, describe the risk factors associated with enterprise-wide/ERP (enterprise resource planning) projects and identify the risk factors in ERP projects which are unique to these projects. Some of the unique challenges in managing enterprise-wide projects which were highlighted through the ndings included the challenge of re-engineering business processes to ‘ t’ the process which the ERP software supports, investment in recruiting and reskilling technology professionals, the challenge of using external consultants and integrating their application-speci c knowledge and technical expertise with existing teams, the risk of technological bottlenecks through client-server implementation and the challenge of recruiting and retaining business analysts who combine technology and business skills. Introduction In the past few years many organizations have initiated enterprise-wide/ERP (enterprise resource planning) projects using such packages as SAP, Peoplesoft and Oracle. These projects often represent the single largest investment in an information systems (IS) project in the histories of these companies and, in many cases, the largest single investment in any corporatewide project. These enterprise-wide/ERP projects bring about a host of new questions...
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...2.0 RECRUITMENT INTRODUCTION Recruitment is a process of attracting relevant people with specific requirements and appropriate qualifications to apply for jobs with a company; in this case, Best Glove (M) the leading glove manufacturing company in Malaysia which now planning to open new branches in Penang and Sabah. One of the criteria to be taken care of is recruitment methods that is best to be used for the company. Thus, below are the report on two (2) methods that are mostly used among the manufacturing industries; weighed for which is the most efficient and effective for Best Glove (M). 2.1 ONLINE RECRUITMENT Online recruitment also known as e-recruitment, cyberuiting and internet recruiting; which are all is external recruitment. This kind includes a various process from advertising job vacancies to receiving curriculum-vitaes till the extent of creating and building human resource database of candidates (Dhamija, 2012). There were arguments from Caggiano (1999) and Borck (2000) that the practice of the new trends of internet recruiting will not able to replace the traditional ways yet the strategy will increase effectiveness of recruitment process itself (Dhamija, 2012). However, there are also agreements for the practice that supports the idea that it involves overall recruit and select strategy tool (Dhamija, 2012 cited Cullen, 2001). Top Glove Malaysia- one of the leading glove manufacturers in Malaysia has been seen recruiting its people online. Not only through...
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...page 1 1. (TCO A). You are a healthcare consultant hired by the Midwest Healthcare System to assist them in developing their organization's strategic plan that will shape the development of a comprehensive network of services for their community. The organization provides the usual array of inpatient services expected in a moderate-sized community hospital. A local nursing home and retirement community is for sale, and the organization is considering the purchase of that agency. There is a regional hospital that is trying to establish a statewide hospital network. There is a local county health department that provides some clinic services, primarily for the uninsured. You’ve been asked to give a presentation to the board of directors on options for restructuring their local delivery of healthcare services. The hospital's president has asked you to focus your presentation on the elements of a comprehensive delivery system and to highlight innovative methods to restructure the hospital. The presentation will lay out the requirements of an integrated healthcare delivery system. (Points : 25) 2. (TCO B). You are the newly hired Vice President of Human Resources for the Bayside Regional Health System. You have the responsibility for all of the usual human resources functions, including retention plans, the training and development function, and the recruitment process. In addition, you have the additional departments of volunteers and the...
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...RECRUITMENT & SELECTION: Hiring the right person INTRODUCTION Human resource management is the strategic and consistent approach to the management of an organization is most valued assets that is employee who is responsible to contributes to the achievement of the organization’s goal. At the start of the 21st century, where the identical non – people resources in kind of finance, raw materials, plants, technology, hardware and software are developing significantly to competing with wide range of different industries which is contribute the challenge to human performance. However, most leaders in developed economies are fully aware of the importance of human resource concerns associated with the success of company performance. One of the most important parts of human resource management is Recruitment and Selection which is concerns as the beginning step of the fully process of HRM. There are huge number of different methods of Recruitment and Selection as many organization chosen depend on the nature of job positon which need to be filled in. However, people performance is unstable, which is might be changed by the affect of people emotion so that in order to maintain the consistence of people performance in real world. In this regard, this study is establishing the importance and role of human resource planning as a corporate activity that drives other human resource functions particularly Recruitment and Selection process. This is also disclosing some of problem that prevent...
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...skill requirements of a job and the kind of person who should be hired for the job by collecting the following types of information: work activities; human behaviors; machines, tools, equipment, and work aids; performance standards; job context; and human requirements. Job description – A list of a job’s duties, responsibilities, reporting relationships, working conditions, and supervisory responsibilities – one product of a job analysis. Job specification – A list of a job’s “human requirements”: the requisite education, skills, knowledge, and so on – another product of a job analysis. A. Uses of Job Analysis Information 1. Recruitment and Selection – Job descriptions and job specifications are formed from the information gathered from a job analysis, and help management decide what sort of people to recruit and hire. 2. EEO Compliance – The U.S. Federal Agencies’ Uniform Guidelines on Employee Selection stipulate that job analysis is a crucial step in validating all major personnel activities. 3. Performance Appraisal – Managers use job analysis to determine a job’s specific activities and performance standards. 4. Compensation – The estimated value and the appropriate compensation for each job is determined from the information gathered from a job analysis. ...
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...Personal Development Plan By Nidhi Shukla | Carlow University EXECUTIVE SUMMARY Combining business school education, professional/personal development training, and self-education along with life experiences has directed me toward beginning a career as a business analyst and later on being an entrepreneur. I have been taking classes and exploring various business opportunities as well. I am an MBA student at Carlow University. I have masters in Physics and English from India and during the course of my graduation, and have also studied various art mediums to explore creative talents. I have decided to combine those strengths and interests into my career path. Now that graduation is closer it is time to formulate and begin executing a plan for the next 5 to 10 years of my life. INTRODUCTION During my education and my career as a high school teacher, I have learnt that leadership is a critical management skill and an ability to motivate a group of people toward a common goal. These items help to develop a person’s skills as a leader. Personal Development Planning is useful in this regard as it is a structured and supported process undertaken by an individual to reflect upon their own learning, performance and/or achievement and to plan for their personal, educational and career development. The benefits of PDP are numerous. PDP processes are designed to improve the capacity of individuals to understand what and how they are learning, and to review, plan and take responsibility...
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...Human Resource Management (Introduction) 200 Assessment 2 – Case Study Analysis and Essay INTRODUCTION: The purpose of this essay is to identify and describe four human resource issues faced by the companies affected by the earthquakes in Christchurch, New Zealand. As a human resource consultant working for the New Zealand government, four human resource solutions will also be discussed and suggested in order to assist these companies with the problems faced after the earthquake. The key issues brought about by the earthquake are; the shrinking talent pool for staff and the senior management, a fall in demand, a decrease in the morale of both staff and management and the temporary chance of Christchurch’s population to fall. It is important to address these issues because they affect the operations of the companies in a very negative way. These issues can be dealt with by using solutions which have been utilized in other countries which have faced natural disasters, as well as creating new ideas for future problems caused by such disasters. The issues and propositions will be discussed in further detail. Even though there is a low chance of such an event occurring in New Zealand again, they still leave companies not well prepared for the consequences of such an experience (FM Global, 2009). HUMAN RESOURCE ISSUES: The very first issue Christchurch faced was the shrinking talent pool of both their staff and senior management within their companies. This...
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