New Avenues for HR Consulting Organizations – Part II

As per the industry experts and analysis, the 5 emerging trends in talent acquisition are –

• Technology is central
• Mismatch between available talent & new jobs
• Flexible workers will grow
• Global recruiting will become common
• Aggressive use of SNS - Social Networking Sites

Key merits of using the SNS -

• Allow personalization and control
• Can be fun and engaging
• Are global in nature and reachable 24/7
• Everyone is there (or will be soon)
• Can provide personalized and authentic content

I have personally experienced that not only some of the consulting organizations, however, smart and young hiring professionals are also leveraging such tools to the hilt. This turns out to be a cost effective tool helping you to reach the target talent pool in no time.

The next generation i.e. Gen Y (broadly defined as being born between 1980 and 1984) are the ones who are dominating the workplace specifically in IT/ITES companies. They are attracted towards corporate life and following is of utmost importance to them :

• group affiliation and project teams play an important role in success.
• they expect collaboration with management in decision making process
• experience is irrelevant in the fast changng world
• question the status quo
• look up for continuous and immediate feedback
• money matters, will work as long as needed ...or until they get bored
• their lives are busy - they need alot of 'me' time
• pay for performance, personal fulfillment.

In a nutshell, there has been a paradigm shift from conventional recruiting to virtual recruiting tools and processes. There is a need for global reach through sourcing and create a brand through the best possible use of technology. The sourcing for scarce and diverse talent means that you require highly sophisticated sourcing (supply chain) capabilities.
In my next post, I shall talk about tips to succeed in Part – III.