Archive

Archive for January, 2010

Week in Review

Friday, January 15th, 2010

Five Ways to Improve New Market Entry Recruiting: We’ve discussed the difficulties that corporate recruiters – and businesses in general – face when entering new markets. In addition to coping with the unknown from a product, sales and marketing perspective, you need to figure out quickly whether there is sufficient local talent to support your company’s business objectives. A great product, sound marketing plan and sufficient demand are meaningless if you don’t have people on the ground to pull it all together.

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Solved: The Problem of Candidate Ownership: Corporate recruiters, staffing firms and other advisors have long struggled over the issue of resume “ownership.” On her blog at ERE, Joanne Gehas raises this issue again, and it’s a thorny one, which will only get worse. The road to this conflict not only results in an increased time to hire, it can come with a direct hard-dollar expense – you may wind up paying for candidates you already have.

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The New Corporate Recruiting Badge of Honor: Results: For decades, corporate recruiters have seen full lifecycle management as a point of pride. The top performers, according to conventional thinking, carry the process from open req to greeting the employee on his first day of work. They take care of every detail in between, as well, such as sourcing candidates, formatting resumes and sifting through hundreds or even thousands of responses. The minutiae receive equal weight with crafting accurate position descriptions, understanding hiring manager requirements, developing and implementing a sourcing strategy and determining which candidates are worth meeting in person.

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Week in Review

Friday, January 8th, 2010

Resume Formatting: Is It Blocking Your Next Great Hire?: Form really does win over function, sometimes. Many managers actually make “hiring decisions” based on how a resume looks. A motivated account executive, leading R&D thinker or savvy marketing professional could slip through your fingers because of the spacing, font or shape of the bullet points.

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Five Ways to Make Your Corporate Recruiting Department More Relevant: Don’t wait for your company to recognize the value that a savvy, action-oriented corporate recruiting department delivers. A combination of competing business issues – from sales to operations – will always gain priority, and many executives tend to have a narrow view of what a corporate recruiting department does. To communicate the value of the service you provide to your company, you need to become a vocal advocate … always demonstrating your impact.

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Five Ways to Supercharge Your Corporate Recruiting Career: Last week, we discussed five ways you can supercharge your corporate recruiting practices. These measures will help you increase the profile of the service you provide to your hiring managers and heighten your contribution to the company’s strategic objectives. One of the tips was to maintain a feedback loop with your hiring managers. Your professional development is an important part of the ongoing value you provide to the company.

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New Product Launch: The Ultimate Corporate Recruiting Challenge

Thursday, January 7th, 2010

futureVenturing into the new product or service space can cause profound changes in a company. The company needs to do market research, understand the potential, run the numbers and structure the organization to accommodate the new business unit. And, of course, it will need to find the people who will develop, market and sell the product. Corporate recruiters have the opportunity to define the new business unit – even the product itself – based on its role in the candidate sourcing and hiring process. The resumes you send along to hiring managers, and the advice you provide throughout the hiring process, are fundamental to the company’s success in launching a new product.

So, you want to make sure you understand the talent market fully. This is another opportunity make decisions based on what you know – not what you think!

Most corporate recruiting departments tend to be lean, with the recruiters focused on activities that lead to near-term execution. There is neither the time nor the breadth of resources to conduct the vast amounts of research into the talent market that are applied to product market research. For most corporate recruiting departments, attempting to be this thorough would result effectively in paralysis. But, you can’t move blindly into new territory, or the hiring decisions will lead to suboptimal results.

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Week in Review

Friday, January 1st, 2010

Green Future: An Introduction for Corporate Recruiters: If you’re not thinking about green talent pools right now, you’re a step behind the market. Every day, it’s looking more and more like the next economic bubble – in the United States and around the world – will involve clean technology. Cast aside your politics on this one – the argument over climate change isn’t relevant to the business opportunity. Instead, look at the data from the market. Private equity and venture capital money is increasingly headed toward green investments, and the talent market for this sector is gaining steam.

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Bubble Watch: Are You Ready to Respond to a Fast Change in the Market?: Trick question! The correct answer is that your recruiting practices should be impervious to rapid changes in the job market. If you are recruiting constantly – building talent pools for when you may need them – you will be able to absorb the market conditions that will send your competitors scrambling.

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Did You Forget about the Next Talent Shortage?: Before the subprime mortgage market pushed the global financial system to the brink of collapse, nobody was worried about unemployment. Our priorities have changed, of course, now that the unemployment rate is at 10 percent, and recruiting isn’t top of mind. This myopic view of the talent market, though, means we’re just creating the next crisis.

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