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Abstract
Strategic resourcing is regarded as the primary aspect of strategic human resource management. This concept focuses upon the fact that human resources within the organizations need to be suitable, should possess the essential knowledge, competencies and abilities and ensure utilization of resources in an appropriate manner. In order to lead to well-being and progression, apart from the possession of knowledge and competencies, it is essential for the human resources to ensure that they make adequate use of financial and technical resources. Another important concept that has been taken into account in this research paper is performance evaluation. The main objective of performance evaluation methods is to identify the limitations and bring about improvements. The performance evaluation methods that are put into operation are dependent upon job duties. Furthermore, it needs to be ensured, efficiency is depicted in the performance evaluation methods. The individuals, mainly in leadership positions are vested with rights and authority to implement performance evaluation methods regularly. The main areas that have been taken into account in this research paper include, resourcing strategy, the components of strategic employee resourcing, and performance evaluation.
Keywords: Development, Employees, Human Resource Management, Organization, Performance Evaluation, Strategic Resourcing
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. Strategic resourcing aims to ensure that the organization has the personnel to achieve the desired goals and objectives. Like the strategic human resource management, strategic resourcing is essentially in terms of the integration of business and employee resourcing strategies. In this manner, the latter can render a significant contribution in the achievement of the former. The strategic capability of the organization depends upon the availability of various types of resources. The resources are of three types, human, financial and technical. Effective management of resources enables the individuals to carry out their job duties in an adequate manner (Armstrong & Taylor, 2014).
The primary objective of strategic resourcing is to ensure that the...