Anticipated Turnaround Prompts Development of Aggressive Recruiting Plans, According to MRINetwork
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PHILADELPHIA--(Business Wire)-- With the recruiting efforts of companies across the board slowed to a trickle, many business leaders are beginning to worry about how they will ramp up hiring quickly when the economic turnaround is a reality. Those companies that put a recruiting plan in place in advance have a distinct opportunity to lead the pack, according to MRINetwork, one of the world`s largest search and recruitment organizations. "If companies wait to develop a plan until hiring freezes are lifted or until budgets are increased, it will be too late to gain competitive advantage," says Tony McKinnon, president of MRINetwork. "During economic recoveries, organizations that quickly react historically pick up market share from competitors not quite as agile. This is especially true if your organization isn`t the largest or the most well-known in your industry. Whether the turnaround in your industry comes this year or next, now is the time to identify new and emerging tools and technologies that can be adapted to your company`s staffing needs." For the many U.S. companies with global reach, it`s likely that competition for talent in some geographic regions (or product areas) will intensify long before an overall turnaround occurs, says McKinnon. "Your plan should include tactics that allow you to get a head start in these hot areas and provide a testing ground for your company`s endeavors in all areas." The key is to ramp up recruiting efforts at the right time. "If you start active recruiting too early, you`ll leave candidates waiting too long before you can take action," says McKinnon. "If you start too late, though, you miss out on the forward-looking talent who are among the first to be willing to assume the risk of a new position and a new organization." For more tips from McKinnon on constructing a turnaround plan following a recession, please visit http://www.mrinetwork.com/cms/press/article_release.aspx?id=740. About MRINetwork: Management Recruiters International, Inc., branded as MRINetwork, is one of the largest executive search and recruitment organizations in the world. A subsidiary of CDI Corp. (NYSE:CDI), a global provider of engineering & information technology outsourcing solutions and professional staffing, the MRINetwork has 950 franchised offices in 35 countries. Visit MRINetwork at www.mrinetwork.com. For MRINetwork: Sarah Permutt, 212-687-8999 spermutt@kitchenpr.com Copyright Business Wire 2009
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