Regional Resourcing Heads Discuss: Justifying the Long-Term Value of the Resourcing Team
- Date:
- 12 August 2009
The Chapman Consulting Group today hosted an HR roundtable discussion for Regional Resourcing Directors from 11 high profile multinationals from the Banking, Hospitality, Professional Services, Technology, and Industrial sectors. Participants met over lunch at the Singapore Cricket Club to discuss current strategies around Talent Acquisition.
Current Market Forces
Participants agreed that it has been a tumultuous two years in the field of recruitment. Many Resourcing Heads had gone from breakneck recruitment in 2008 to hiring freezes in 2009. However this was by no means everyone’s experience. In one particular example, the biggest challenge of the current market was in convincing global stakeholders of the relative buoyancy of markets in Asia as compared to the stagnation of economies in other geographies. Despite the availability of facts and figures that back up this assertion, the Resourcing Head still needed to use all their influencing skills, as well as the strengths or their relationships at a global level, to ensure that a hiring freeze in one market didn’t affect the ability to attract and retain talent in another.
India and China were the two markets that most often fell into this latter category. For example, in one company the ‘downturn’ has meant that hiring in India has dropped from 3,000 per month in 2008 to 2,000 per month in 2009, hardly what one might define as a ‘slowdown’. Unlike other organisations, this company had the foresight to allow the India organisation to work out a resourcing budget that was kept completely separate from the purse string-tightening taking place concurrently in Europe and North America.
Leveraging the Value of the Recruitment Function
With the global downturn still affecting a company’s bottom line, strategic restructuring of the resourcing function has still been a necessity in most organisations. One company in particular was able to redeploy recruitment staff into more internally-focused roles, shifting gears from external market mapping to aggressively increasing internal talent programmes. At the same time, some processes that had previously been outsourced to specialised agencies (such as selection diagnostics) were brought in-house. This had the added affect of offering valuable development to recruitment team members.
In another example, the Resourcing Leader had used the economic downturn to their advantage, in that they managed to keep their team at the same size and demonstrated to the business that more can be achieved in filling the skills gaps of existing recruiters than can be achieved in downsizing the team’s size and keeping them all working at full capacity. This strategy will ensure that when the market fully rebounds, the recruiters will have better skills to engage the best talent, most notably in selling ideas to prospective candidates, consulting to business stakeholders, relationship managing external talent pipelines, and ultimately closing requisitions in a timelier fashion.



