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ISC Class XII Notes 2022 : Commerce (Smt. Sulochanadevi Singhania School, Thane) : Functions Of Management - Staffing

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Maddy .I
Smt. Sulochanadevi Singhania School, Thane
1st to 10th, X-XII
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STAFFING Meaning The process of hiring and developing the required personnel to fill in various positions in the organization. It is concerned with recruitment, selection, placement, utilization and development of employees. Staffing is concerned with ensuring that the organization has the right member of people and the right kind of people at the right places, at the right time and that they are doing the right things. Importance of Staffing Huge investment: the creation and maintenance of competent and dedicated work force requires investments in terms of time, money and Efforts. The return on investment of staff can be high or low (even negative). Long term implications: human resource tend to become obsolete with advancements in technology and other changes. Multiplier effect: most valuable asset- human resource. Other assets becomes productive only when people use them properly. Without proper staffing the success and growth of an organization are not possible. Holistic approach: the contribution of individual depends not merely on his own competency and motivation but also on the competence of his subordinates and superior. It helps to maximize present but future potential contribution as well. Key to other functions: Without people, an organisation is an empty shell of job positions. The effectiveness of directing and controlling functions also depends upon staffing. Liberalisation and globalisation: In modern era of global competition, skillful management of human resource is essential for success in business. The importance of staffing function has increased due to the increasing size of organisations, technological progress, trade unions, labour laws, etc. Steps in the Staffing Process Human resource planning(manpower planning): It involves forecasting and determining the number and kind of manpower required by the organisation in future. The manpower needs of organisation are estimated keeping in view its present activities and future plans. Manpower requirements are estimated with the help of work load analysis and work force analysis. It would reveal the number and type of human resource already working in the organisation.

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