Hiring someone hastily for a specific position can have a high cost in terms of time and money for the company. A robust selection process aligned with the company’s organizational strategy not only minimizes this risk but also ensures that suitable candidates are chosen, thereby avoiding the loss of valuable resources and potential future issues.
Successful selection processes are meticulous as they seek candidates with skills and competencies that fit the company’s culture. This focus on cultural fit has a significant impact on employee motivation, making them feel intrinsically valued within the organization. This, in turn, allows them to share and embrace the prevailing values in the company, increasing the likelihood of them staying in their roles long-term.