Rising inflation, supply cost increases, higher interest rates – while we might not be in a recession quite yet, we are definitely entering challenging economic times, which will make this year a demanding one for businesses of all sizes.
But it won’t just effect profits and cash flow, it could also have a very real impact on recruitment strategies. Why? Because recessions are inevitably accompanied by a skills and talent shortage so if you are trying to recruit to a business-critical or hard-to-fill role, it’s going to be even more difficult than usual.
But there are things you can do to mitigate the situation, the key one being – use a Search Consultancy who specialises in finding the right people for hard-to-fill, business-critical and confidential roles.
Not convinced? Read on to find out why.
Really understanding your unique demands
Recruiting to a hard-to-fill leadership role can be time-consuming and stressful, never more so than during challenging economic times. It’s why a consultative, solution-focused approach is so essential to finding the right candidates.
But that’s not just about fully understanding your unique challenges, needs and concerns; that should always be a given. It’s also about working out where real value can be added to your search, something that HorrexCole puts at the core of what we do.
And crucially, we don’t just work closely with companies, but also with potential candidates to maximise their engagement and ensure, they aren’t just the right fit, but the perfect fit.
The thoroughness of this approach ultimately helps us fill roles where others fail.
Find out more about our approach to leadership hires.
Leaving no stone unturned
Filling difficult roles needs a slightly more in-depth approach than the tried and tested ones used by some consultancies. For one thing, if you only focus on people who work in the same sector, you aren’t really carrying out an extensive search and risk simply playing a game of musical chairs with the usual suspects.
It’s why being sector agnostic really works in our favour as it offers a broader reach which ensures we find the hidden gems our clients would otherwise miss out on.
We also offer an evidence-based talent mapping service, a proactive approach which underpins strategic and tactical decisions and helps identify the right individuals regardless of their seniority or visibility. And when you couple that with psychometric testing, something that 75% of Fortune 500 companies use during a recruitment process, we can honestly say we leave no stone unturned. And when you’re recruiting to difficult roles when there is a skills and talent shortage, that’s exactly what you need.
Providing a tailored serviced
Hard-to-fill roles need an experienced search consultancy, who is fully committed to finding you the best. The last thing you need is to have your work given to a Consultant who just doesn’t have the necessary experience, expertise or even wiles to deliver the results you expect and deserve.
At HorrexCole you will get a dedicated expert, who will keep you fully informed throughout the process and will always be just a call or email away if you have any queries. And given our search specialists have over 60 years of combined experience filling those supposedly ‘impossible’ roles, you can be confident we really know what we are doing.
Helping you fill business-critical roles
A potential recession doesn’t mean it’s impossible to fill challenging, business-critical, or confidential roles, it just makes it more difficult than usual. And that’s why you should always use a search consultancy who is a specialist in that area.
To have a confidential conversation about your needs, please get in touch. We would be delighted to hear from you.