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The Recruiter's Edge

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Recruiting in a Bad Economy - Introduction follow this blog post

While I wouldn�??t say that the economy is particularly unbearable and horrible, 2008 has not been an easy year for those of us in the talent acquisition industry.  Sure, you might be making your numbers and all, but think of what you could be doing if things that are out of our control were different.  What if gas prices were lower?  Would your candidates be less likely to insist on working from home?  What if companies with historically good reputations were not struggling and laying off people in large amounts every other week?  Would your candidates be more likely to listen to that one opening you have in the one department that is hiring?  What if it was not an election year during this economic burdened period?  Would companies and candidates be less likely to hold off on opening more positions or leaving current positions for new opportunities?  It is hard to answer these questions, and only time will tell if today�??s economic temperature will have lasting effects on the next few years.

There are not many industries like ours that have to weather these types of storms.  A lot of our income and earning potential is based on our ability to place candidates in open positions.  With so many things out of our control, it is hard to pin exactly what we need to do to ride out even the mildest of storms.  Like I said, you can still be making your numbers, or perhaps even surpassing them, but what if�?�

During downtimes, perhaps the most important task you can take on is the ability to network with others.  While I still believe networking is one of the most misunderstood and underutilized tasks (by everyone), it does work and it does pay off.  If you are in this business for a quick return, you will lose fast.  But using the networking skill is crucial to long-term success in recruiting.  In my opinion, who you network with is not what is important �?? it is that you do is consistently �?? no matter where you are or what you are doing.
Over the next couple of months, I will spend some time analyzing how we can better network with both each other and our candidates.  The stories and analysis will be posted here on my blog.
In the meantime, you can find more information about networking at my website, http://www.robertstanke.com.
 

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  • 1 point 15 months ago

    Another thing we can all do is to attempt to understand our circumstances better - you mention things "out of control" - if we do not understand what is going on around us then we are the ones out of control. I suggest the following (in additon to your recommendation, Robert):

    Read Read Read ****** Do something today you don't think you can do.