Significant Increase In Chaos Related To Candidate Data
Most executive search firms today rely extensively on various online sources to gain personal and even professional details of prospective candidates. However, this often leads not only to information overload but also causes much chaos in terms of the data being collected. The probability of candidates having not updated the information about their skills and competence available online is quite high. Hence firms that rely solely on the information accumulated through online resources might actually miss out on some really great candidates due to outdated information collected by them. Moreover, the sheer volume of data offered by the internet often makes the task of filtering relevant information about the candidates quite overwhelming. This naturally increases the risk of missing out suitable candidates by the recruiters due to the onslaught of data and information.
Use Of Outdated Executive Search Best Practices
In view of the current data explosion faced by recruiters, the executive best practices that were considered highly effective only a few years back, have become completely outdated today. A majority of search firms still use the methods of identifying and developing candidates, which were established long before the integration of internet technology into the recruitment process. Unfortunately, these processes have undergone little or no change irrespective of rapid technology evolution. As a result recruiters are finding it increasingly difficult to co-ordinate these processes with the new methods of sourcing candidates. Consequently, the overall efficiency and success of the recruitment process is compromised and in some cases it leads to total failure in terms of acquiring the best candidates.
Failure To Invest In Proper Expertise
One of the biggest causes of the failure of even the best executive search campaigns is the lack of ample expertise in terms of handling big data. In fact only a handful of top executive search firms in India understand the importance of investing in professionals experts capable of managing and using big data in the most effective manner. Given the huge volumes of data and information that these firms have to analyse and refine on a daily basis, the lack of such professionals in their workforce can prove extremely detrimental for the success of recruitment campaigns. These professionals can ensure that the most relevant information is identified and extracted to maximize the reach of the recruiters to the right candidates. The absence of such professionals in the recruitment teams only leads to complications of matters for the untrained professionals.