Wednesday, June 17, 2009

Great Meeting in Chicago - Attracting Critical Talent in an Uncertain Economy

We hosted our first meeting (members only) of our latest research content, Attracting Critical Talent in an Uncertain Economy, and it was extremely well received by the participants. We'll be sharing more of our key findings and data from this research across the summer, including in a series of teleconferences (members only) and on our website subsequently but below is a brief overview of our findings:

Despite widely-held recruiting "myths" prompted by today's economy, the labor market is increasingly operating at the extremes-the active are more "active", the passive are more passive-meaning that standard attraction and sourcing approaches won't dislodge the "right" passive candidates and dissuade the "wrong" active candidates from applying for, or considering, critical roles.

More than ever, new labor market realities necessitate a shift from traditional sourcing strategies toward more refined pipeline strategies that position the organization well for the short- and long-term.

The good news is that the most effective strategies for attracting critical talent are scalable and simple modifications of existing strategies that will save organizations time and money and enhance the quality of hires now and into the future.

Stay tuned for more highlights from this work.

Written by: Donna Weiss