Incorporating Customized Competitive Intelligence Into Your Recruiting Strategy Makes A Lot Of Sense

COMPETITIVE INTELLIGENCE HELPS WITH MAKING INTELLIGENT HIRING DECIS...

Incorporating Customized Competitive Intelligence Into Your Recruiting Strategy Makes A Lot Of Sense. When it comes to sourcing hard to find talent, the easiest way to do so is to conduct competitive intelligence on your competitors and the companies on the target list. Having data on the available talent can and does help with making solid recruiting decisions.

Let me compare it to handicapping. Handicappers base their decisions on data. Many start by taking a look at the talent of each horse and compare it to the competition. When they place their bet, or choose their top pick, they are confident they have chosen the best horse in the race based upon information to include individual talent, facts and statistics. Shouldn’t recruiters be doing this too?

Think about it. Recruiters will take any edge they are given, so give them this edge. We all need it in order to recruit top talent EVERYONE wants and needs. Having access to the potential talent pool, facts, data, and statistics, will in turn w give them the ability to reach the best of breed talent before the competition does. Competitive Intelligence requires upfront work, but long-term it cannot be beat! Knowledge is Power!

As I speak with clients and others regarding recruiting and current recruiting strategies, it is mind-boggling to me to think that hires are made without knowledge and data. As I walk them through the process and speak about the benefits of combining the two in the recruiting process, they begin to see the many benefits. I ask them, with your current recruiting strategy and process do you feel confident that the best candidate was chosen if there isn’t data to back it up? What are your thoughts?

Incorporating Customized Competitive Intelligence Into Your Recruiting Strategy saves time, money and the overall return on investment to the company is priceless.

Just wanted to give you something to think about over the weekend!

Thanks for stopping by! Have a question or comment call me at 518 843-4611 or email sgreco@sheilagreco.com.

Sheila Greco

Comment by Valentino Martinez on February 4, 2012 at 8:19pm: You said, "Having access to the potential talent pool, facts, data, and statistics, will in turn w give them the ability to reach the best of breed talent before the competition does." Are you using "best of breed" in this comment as a reference to two legged or four legged candidates?

Comment by Keith Goodwin on February 6, 2012 at 10:41am: Sheila

Could you provide a few examples of how you conduct Customized Competitive Intelligence?

Thanks

Comment by sheila Greco on February 6, 2012 at 11:19am: Keith..thanks for the question. We usually begin with a target list provided by our clients or one in which we developed together. Once that is agreed upon we will begin research into these companies for the title of interest and one step below. When the research piece is complete we can begin to see the potential talent pool from the target list of interest expressed by the client. By developing organization charts around the potential person of interest it can shed light on many things. If you wish to learn more, I would love to chat.

518 843-4611 ext 221. Thanks for the comment!

Comment by Keith Goodwin on February 6, 2012 at 11:44am: Thanks Sheila. Maybe we can strategize together sometime. I'll keep your # handy - thanks.

Have a great day!

Keith

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