Thursday, April 16, 2020

3 Classic Blunders Made In Executive Search Talent Strategy

So, hiring one of the executive search firms in Mumbai to help you find the right candidate quickly in these tough times has become even more crucial. Having an Executive Search Firm in Gurgaon can help you hire top talent with minimum effort and in a faster way.

Yet, if you are thinking of dealing with the situation on your own, here is a guide on the classic blunders you need to avoid making in your hiring strategy by one of the top executive search firms in Bangalore:

Relying Only On Inbound Talent - Although it can be a good call to look for inbound talent to fill your crucial positions, relying solely on it can be one of the biggest mistakes you can make in such testing times. Let’s accept the fact that there is no wiggle room for experimentation. You need to act diligently and keep all your options open for worst-case scenarios.  Having an executive search firm by your side would give you access to both active and passive talent in addition to the inbound talent thus widening your chances of the right hire in the long run.
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Misunderstanding The Value Proposition Of Headhunters - Many companies feel that hiring an executive search firm would bring nothing new to your talent strategy. But that is a big mistake. Search firms have a very large talent network that is spread across various industries and skillsets. in addition to a huge talented database, the search firms come with personal relationships with this talent thus helping you with a smoother hiring process, something that you will desperately require in a post COVID economy.
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Not Viewing Talent As An Investment -  Unfortunately, this continues to be an issue as many companies do not take into account the costs involved in hiring the wrong talent and then repeating the whole process again. This itself is a huge cost. Secondly having the right talent at a top position brings stability and growth to the entire organization and hence is very important to see talent as an investment.

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