Recruitment in changing business scenarios

May 9th, 2008, 5:19 am admin Just jammin

Here are important pointers to cope in changing business - economic conditions.

1. Job positions that involve duplications of skill sets are prone to be cut down.

2. Focus on value additions - if you are delivering mass quantities of common place talent, immediately focus on value additions. Non value added transactional operators and job boards will be cut in size.

3. More active candidates in the talent pool directly translates to greater demand for passive candidates. Can you reach out to passive candidates effectively? Is your job order to resume mapping software intelligent enough? Is your passive candidate communication multi media enabled and interactive?

4. Tough economic conditions create significant demand for specializations - 9/11 created positions in defense, construction, legal. Sub prime is creating positions for specialty real estate professionals or analysts in banking.

5. Recruiter collaboration and networking is important. You need to network synergies with fellow recruiters. Focus on recruiter splits and gain clarity on job order ownerships. When you share job orders, do it efficiently.

6. Recruiter time is under pressure. You need to select the right job order to pursue. You cannot afford to be hidden behind your desk data managing or formatting resumes. You need job order to resume mapping intelligence.

7. Sales is under pressure. You need to deliver results on the move. Learn up on mobile recruiting. Recruitment on the move.

8. When times get tough, the weaker recruiters will wash out with the tide. If you can weather the storm and find ways to gain market share and build your reputation, you’ll be positioned to grow as the market recovers.

9. Cash is king. Do not get into huge block commitment with old world talent sourcing or recruitment advertising models. Make sure your investments are going into services that link payment to results. Remember, you client will pay you for results, not for activity or traffic.

10. Changes in economy make for great lessons. Like they say, when the student is ready, the teacher appears.