Has the search for talent really improved over the last decade?
Has the search for talent really improved over the last decade? The facts say no and there is need for change.One of the disciplines that seems to be seeking change is the world of recruitment/talent search. There is a desire for a more personalised approach once again and a rising weariness of job boards and the more transactional approach that recruitment has become. It is one of the fascinating lessons of the present era – we may be experiencing a new digital age which increases the speed of communication and makes the world transparent but there is still a desire for good old fashioned personal representation and advice. Middle men are having to re-invent themselves and rightly create new skills. It is all natural. If one is seeking to appoint a senior executive, one wants confidentiality, discretion and some real thought in the process. However the last decade has changed the traditional search and recruitment consultancy to becoming more transactional and less personal – but the pendulum is swinging back and for good reason. It is swinging back with a difference. One of the most common discussion pieces is why hasn’t more talent broken through into leadership roles over the last decade. The natural place to look at is the talent but that is there and some exceptional talent seeking to break through. The barrier is not the talent but how business has changed. The digital age has made companies focus on greater process, and compliance coupled with the management of risk. Companies have never been better technically managed. However talent is struggling to break through.We have written much this year about some of the key facts:
- Executives are expected to make decisions 40% faster than 10 years ago but actions take 20% longer to implement.
- C-Suite research last year showed that whilst 100% of business leaders believe employee engagement is a business-critical topic, 86% admit to not having a strategic plan in place. Why do you think this is?
- 1:4 Executives today are suffering from a form of mental illness.
- 65% of business leaders are asking why isn’t there more leadership talent available.