Monday, February 12, 2007

Recruitment Strategy

One of my corporate clients has pointed out to me that my posts seem to be favouring the knowledge needs of the Consulting Firms.!

Having examined my last half a dozen posts ....i am convinced that ....."he is right" :-(

So having sworn to make some amends ...i am launching a grandiose project on "Recruitment Strategy"

Over the next weeks ...i would like to elicit from all and sundry your ideas on this subject. I have also tagged a small survey next door for you to fill on the same subject - do go thru it...

along with the same i shall be writing my tidbits on the same...

This week ...let me address a fundamental question ....What is Recruitment Strategy?

well strategy is this really hep sounding word ...often confused with Annual Plan, Annual Forecast ....etc ....
Strategy ...if I am to peruse some B - School strategy texts......is the process of achieving organisational objectives by leveraging a series of niche advantages/ capabilities that the Organisation possesses.

For e.g if Company A wishes to recruit 100 C/C++ candidates at the entry level. And if Company A has the niche advantage of being the best paymaster, it will achieve this objective by paying the best in class compensation.
Compensation is the strategic advantage that Company A possesses.

Companies have to continuously work on creating strategic advantages. There are of course many means by which this is done. For e.g. influencing the environment and making internal processes efficient are some e.gs.. of the same...

So Recruitment Strategy is the process of achieving one's Recruitment objectives by leveraging the company's niche strength or advantage.

Strategy is the journey to achieving a company's stated goal - in this case its Recruitment objectives

For e.g if Company B has a Recruitment Objective of recruiting fresh BA candidates ....then Company B would leverage the management trainee system that it is well known for to train and then finally select the right candidate. So that is a strategic process that Company B uses since the Management Trainee program of Company B is considered as top class and a huge source of attraction for young candidates who wish to obtain the best possible training .....

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