HRM is one of the important factors that are critical to business success. Without it, there can be no clear
vision, and opportunity will be squandered. Without it, resources will be wasted, and a workforce's full
potential will remain woefully untapped. Acquiring the right talent is the key to building a company's
leadership pool. However, good recruitment and selection processes require clarity about the type of talent
needed. Armed with solid definitions of employee competencies, it is relatively easy to build assessment
tools (e.g., structured interview guides) to facilitate and support the recruitment and selection process. This
puts more rigor and precision in the decision-making process