People Resourcing Strategy

EMPLOYEE RESOURCING:

People Resourcing Strategy

According to Armstrong (2009), a people resourcing strategy is concerned with taking steps to ensure that the organization obtains and keeps the people it needs and employs them efficiently. it is closely connected with the learning and development strategy, which sets out how the organization ensures that it has the skilled and knowledgeable workforce it needs and that a pool of talented people is created who will provide for management succession (Kapur, 2020). According to Katua et al (2014), People resourcing strategy refers to a company’s decision regarding where to find employees, how to select them, and the mix of employee skills and statuses whether temporary, full-time, etc.

The objective of the People Resourcing Strategy.

According to Rustiawan (2023), the concept that the strategic capability of a firm depends on its resource capability in the shape of people (the resource-based view) provides the rationale for resourcing strategy. Further, according to Uyanik (2023), Most large organizations employ human resources or personnel specialists to conduct or, at least, coordinate employee resourcing. This is a role that has long been regarded as part of the domain of personnel management.

The aim of the strategy is to ensure that a firm achieves a competitive advantage by attracting and retaining more capable people than its rivals and employing them more effectively. These people will have a wider and deeper range of skills and will behave in ways that will maximize their contribution (Armstrong, 2009).

Integrating Business and Resourcing Strategies

According to Boon et al (2017), the philosophy behind the strategic HRM approach to resourcing is that it is people who implement the strategic plan. Further commented by Sthapit (2007), Globally both the government and private sector managers, believe that investing in human capital is key to the success of any country's economy (Boon, et al 2017).

According to Armstrong (2009), the considerations affecting the integration of business and resourcing strategies are,

  1.         The number of people required to projected activity levels.
  2.         The skills and behavior required to support the achievement of business strategies.
  3.        The impact of organizational restructuring.
  4.          Plans for changing the culture of the organization.

The components of people resourcing strategy,

The components of employee resourcing strategy can be described below.

Human Resource Planning:

According to Aslam (2013), Human resource planning is generally defined as the process that identifies the number of employees a company requires in terms of high quality and quantity; hence it is seen as an ongoing process of regular and structured planning. The main purpose of human resource planning is to make sure that employees have the best level of interaction with their jobs.

Human resource planning today is more likely to concentrate on what skills will be needed in the future and may do no more than provide a broad indication of the numbers required in the longer term, although in some circumstances it might involve making short-term forecasts when it is possible to predict activity levels and skills requirements with a reasonable degree of accuracy. Such predictions will often be based on broad scenarios rather than on specific supply and demand forecasts (Rameshbabu, 2018).

·         Creating an employer brand were developing the organization’s employee value proposition.

·         Retention Strategy

 According to Babatunde & Onoja (2023), retention strategies help organizations see the underlying   contributions to retention and make the essential changes to build lasting, sustainable retention-rich   cultures such as,

·         Absence management strategy where planning for the control of absence.

·     Flexibility Strategy, planning for increased flexibility in the use of human resources to enable the   organization to make the best use of people.

·        Talent management strategy.

·         Recruitment and Selection Strategy.

Bundling resourcing strategies and activities

The resourcing strategy should include the bundling of different aspects of resourcing together, hence that they can be mutually supportive. According to Dery (2019), it is concerned with any means available to meet the needs of the organization's employees' skills and competencies. The aim should be to develop a reinforced bundle of strategies along these lines. Talent management is a “Bundling” process that is an aspect of resourcing.

References

Ally, A., M (2019). Employee Resourcing Strategies and Performance of Public Organizations in Tanzania: A Case of Tanesco in Tanga, Tanzania. (Online), Available at: http://repository.out.ac.tz/3065/1/DISSERTATION%20-%20AMINA%20MWICHANDE%20-%20FINAL.pdf [Accessed on 18th March 2024]

Aslam, H, D., Aslam, M. & Ali, N (2014). Human Resource Planning Practice in Managing Human Resource: A Literature Review, International Journal of Human Resources Studies, (Online), Available at: https://www.researchgate.net/publication/313269693_Human_Resource_Planning_Practice_in_Managing_Human_Resource_A_Literature_Review [Accessed on 20th March 2024]

Armstrong, M (2009), Armstrong’s Handbook of Human Resource Management Practice, 11th Edition, Pg 480 – 483, Kogan Page Limited.

Babatunde, F. & Onoja, E, D (2023). The Effectiveness of Retention Strategies on Employee Retention, Arabian Journal of Business and Management Review, Vol 13 (1), (Online) Available at: https://www.researchgate.net/publication/370059261_The_Effectiveness_of_Retention_Strategies'_on_Employee_Retention [Accessed on 20th March 2024]

Boon, C., Eckardt, R., Lepak, D., P. & Boselie, P (2017), Integrating Strategic Human Capital and Strategic Human Resource Management, The International Journal of Human Resource Management, Vol 29 (1), (Online), Available at: https://www.tandfonline.com/doi/full/10.1080/09585192.2017.1380063 [Accessed on 19th March 2024]

Dery, C. D (2019). Effects of Management Competence, Firm-Level Institutions and HRM Bundles on the Performance of Private Universities in Ghana, The International Journal of Business and Management, (Online), Available at: https://www.internationaljournalcorner.com/index.php/theijbm/article/view/148439/103897 [ Accessed on 21st March 2024]

Kapur, R (2020), Strategic Resourcing as Key Aspect of Strategic Human Resource Management, (Online), Available at: https://www.researchgate.net/publication/339041958_Strategic_Resourcing_as_Key_aspectof_Strategic_Human_Resource_Management [Accessed on 16th March 2024]

Katua, N. T., Mukulu, E. & Gachunga, H, G (2014). Effect of Employee Resourcing Strategies on the Performance of Commercial Banks in Kenya, International Journal of Education and Research, Vol 2 (1), (Online), Available at: https://www.ijern.com/journal/January-2014/12.pdf [Accessed on 16th March 2024]

Rameshbabu, H (2018). The Contribution of HR to Human Resources Planning, International Journal of Managerial Studies and Research, Vol 6 (6), (Online), Available at: https://www.arcjournals.org/pdfs/ijmsr/v6-i6/5.pdf [Accessed on 21st March 2024]

Uyanik, M (2023). Resource-Based View in Marketing Literature, Journal of Business and Management Studies, Vol 5 (4), (Online), Available at: https://www.researchgate.net/publication/372052286_Resource-Based_View_in_Marketing_Literature [Accessed on 19th March 2024]

Comments

  1. Arundathi EgodawatteMarch 23, 2024 at 9:31 PM

    Yes, with correct human resourcing strategies, businesses can guarantee they have the human capital they need to achieve their goals.

    ReplyDelete
    Replies
    1. Kovida NagahawattaMarch 24, 2024 at 9:49 AM

      Thank you Arundathi for your comment. Further to add In the modern era, organizations are facing several challenges due to the dynamic nature of the environment. One of the many challenges for a business is to recruiting employees to cope with the ever-changing and evolving environment and to achieve success and remain in competition (Raziq & Maulabakhsh, 2014). Thus, the internal work environment plays a vital role in attracting and keeping human resources.

      Delete
  2. Aruna March 24, 2024 at 9:14 AM

    Retention strategy ,flexibility strategy,talent management strategy,recruitment and selection strategy are very important to the organisation to select the best team for implementing their goals.

    ReplyDelete
    Replies
    1. Kovida NagahawattaMarch 24, 2024 at 9:45 AM

      Thank you Aruna for your comment. According to Harvard Business Review, many leading organizations like Microsoft, Adobe, IBM, General Electric, Accenture and others utilize the practice of continuous performance management and have seen tremendous improvements in employee resourcing, productivity and retention. With this type of performance management approach, employees are more likely to feel valued and therefore, engagement levels can increase substantially (TriNet, 2021).

      Delete
  3. Eranga LakshithaMarch 24, 2024 at 10:39 PM

    Agreed, a company develops strategies to attract and retain talent in its company to achieve its goals
    A huge victory can be obtained from it

    ReplyDelete
    Replies
    1. Kovida NagahawattaMarch 25, 2024 at 8:31 AM

      Thank you Eranga for your comment. Further to state, According to Kemboi & Were (2015), Employee resourcing holds the key to the success of any organization since it ensures that the right person fit to do the job is acquired in the organization. It is concerned with the procedures of obtaining and retaining a workforce with the necessary skills, competencies, training, attitudes, knowledge, ethics, and values.

      Delete
  4. Thashitharan SathasivamMarch 30, 2024 at 3:30 AM

    Kovida, your post on people resourcing strategies skillfully connects strategic HRM with organizational success. You offer valuable insights for HR professionals on attracting, retaining, and developing talent, highlighting the integration of business and resourcing strategies. This guidance is essential for leveraging human capital as a competitive advantage.

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 10, 2024 at 1:17 AM

      Thank you Thashitharan for your valuable comment. Employee resourcing holds the key to the success of any organization since it ensures that the right person fit to do the job is acquired in the organization. It is concerned with the procedures of obtaining and retaining a workforce with the necessary skills, competencies, training, attitudes, knowledge, ethics, and values. This is because the organization only hires and retains the right manpower in order to increase its performance, opines that employee resourcing procedures should ensure that the Employee selection process employs evidence-based tools to determine the most qualified person fit for the job (Kemboi & Were, 2015).

      Delete
  5. Nilakshi MadushiniApril 10, 2024 at 4:29 AM

    Developing a robust people resourcing strategy is essential for organizations to attract, retain, and develop talent effectively. This strategy encompasses various aspects of HR, including recruitment, selection, onboarding, and talent management, with the aim of aligning human capital with organizational goals and objectives.

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 10, 2024 at 7:54 AM

      Thank you Nilakshi for your comment. According to Kapur (2020), Strategic resourcing is a key part of strategic human resource management. This involves matching of human resources to the strategic and operational requirements of the organization and ensuring the complete utilization of resources. It is concerned with not only obtaining and retaining the workforce, but it is also concerned with selecting and promoting the staff members, who are suitable to the strategic requirements of the organization.

      Delete
  6. Shedric CramerApril 11, 2024 at 9:26 AM

    This is also a reminder to invest in employees; concentrating on important aspects like engagement, culture, and wellbeing programs will all get you moving in the right path. Engaged and motivated employees won’t take non-genuine sick leave(Nicola Roke,2023)

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 12, 2024 at 5:01 AM

      Thank you Shedric for your comment. Employee resourcing, therefore involves ‘the range of methods and approaches used by employers in resourcing their organizations in such a way as to enable them to meet their key goals’. Employee resourcing therefore involves staffing (i.e. Recruitment, selection, retention and dismissal), performance (i.e. Appraisal and management of performance), administration (policy development, procedural
      development, documentation) and change management (the importance of the
      resourcing function as a change agent) (Lles, 2013).

      Delete
  7. Amesha J ColinsApril 11, 2024 at 9:30 AM

    YES ! Human resource planning is a crucial process that identifies the number of employees a company needs in terms of quality and quantity. It aims to ensure employees have the best interaction with their jobs. Human resource planning focuses on future skills needs and may involve short-term forecasts based on broad scenarios rather than specific supply and demand forecasts.

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 12, 2024 at 4:50 AM

      Thank you Amesha for your comment. Employee resourcing holds the key to success of any organization since it ensures that the right person fit to do the job is acquired in the organization. It is concerned with the procedures of obtaining and retaining a workforce with the necessary skills, competences, training, attitudes, knowledge, ethics and values. This is because the organization only hires and retains the right manpower in order to increase its performance, opines that employee resourcing procedures should ensure that Employee selection process employ evidence based tools to determine the most qualified person fit for the job (Kemboi & Were, 2015).

      Delete
  8. G.A. C Indrajith/ E222229April 11, 2024 at 12:26 PM

    Indeed! One important method for determining how many employees a business requires, both in terms of quantity and quality, is human resource planning. It seeks to guarantee that workers connect with their tasks as effectively as possible. Instead than using precise supply and demand forecasts, human resource planning may include short-term projections based on general scenarios and is centred on future skill requirements.

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 12, 2024 at 4:52 AM

      Thank you Chamara for your comment. Organizations have choices to choose among a substantial variety of recruitment sources when they are seeking for new employees (Moser, 2005). Fundamentally, there are three methods of recruitment which are known as Internal, External & Third Party Sourcing (Hassen, 2020).

      Delete
  9. Minoshi De SilvaApril 11, 2024 at 11:57 PM

    Your overview of people resourcing strategy provides valuable insights into its importance and components. It's evident that integrating business and resourcing strategies effectively is crucial for organizational success. Thank you for sharing this comprehensive perspective.

    ReplyDelete
    Replies
    1. Kovida NagahawattaApril 12, 2024 at 4:58 AM

      Thank you Minoshi for your comment. Employee resourcing strategies are fundamental to the survival and sustainable development of any institution in the face of increasingly competitive (Adeniji et al, 2019).

      Delete

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