CEO Blog #8: Trying to ensure future stability in times of uncertainty?

We may not know when the current situation will settle and businesses will begin to return to normal, but one thing is for certain. When it does, you and your competitors will all be vying for resource in the same pool of candidates.

It might be that you already know what business critical roles you need to recruit for when things return to normal. Perhaps you had already started the recruitment process but put things on hold due to the uncertainty of the markets at the moment. It may even be the case that now you are scenario planning for the future of your business, other roles have been identified that will be essential to getting your business back on track.

Even though you may not want to interview candidates and commit to a recruitment drive now, putting things on hold could be counter-productive and make the recruitment process more difficult and time consuming in the long run. If you wait, you will be reacting at the same time as everyone else - more than likely trying to attract the same candidates. This is why a critical part of your planning will be to consider now what resource requirements are likely to be essential for your business in the future.

Starting the process now, especially for key roles which could be essential for the future success of your business, is crucial. It could make you stand out from the crowd, ensuring you are able to attract those outstanding candidates that you want to get through your doors.

Getting yourself onto candidates’ radars whilst they have the time to consider their options, rather than simply reacting with the rest, ensures you are in the best position possible, ahead of your competitors, when you need to recruit for that business critical position.

To find out more about how we can help with your future recruitment needs, contact us.

In the next blog in our CEO series, Greg discusses the added pressure the current situation has on business support functions. Look out for ‘Support functions in your business over-stretched?’. Visit our news page to see the other latest blogs in the series.

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