During a recent long car journey home I caught up with long time friend and fellow recruiter I used to work with; Steve Williams of Highstar Associates (http://www.highstar-associates.co.uk/). Although we both do the same job we have very different backgrounds.
I’ve always worked in recruitment (http://www.linkedin.com/in/robmwright), joined the industry in 1998 as a temp controller, then a team manager of contingent permanent recruitment and now I’m a headhunter for NRG Executive (http://www.nrgplc.com/).
In contrast Steve became a recruiter in 2004 after 34 years with a major corporate and works for himself specialising in recruiting facilities management professionals (Steve was the Head of FM for his previous employer BT Cellnet / O2 – so he knows his stuff as he’s been the hirer).
After a conversation that ranged from the use (and abuse) of Twitter to wash-out holidays in Florida we signed off and agreed to have a catch up coffee sometime soon. As my journey continued I began to think about Steve and the work that he does and came to the conclusion that recruiters like Steve are the future of recruitment. Here’s why …………Specialisation
What’s so Special about Specialisation?
And the future?
The rise of social media, the development of new and better recruiting tools (e.g. Linkedin Talent Pipeline http://talent.linkedin.com/talentpipeline) and the In-House Recruitment Manager function getting better, slicker and more common in more and more industry sectors are just three obvious threats to those agencies stuck in the middle as generalist and vanilla.
So Recruiters .... find a niche, vocation, nook, cranny or place-of-one’s-own to specialise in and mine deep for the gold.
More power to your arm Steve - Long Live the Specialist!
Thanks for the comment Sandra. I agree that there is an all-eggs-in-one-basket risk to being a specialist and I guess the answer to that is to keep over heads low, fee structures flexible and closer-than-close to clients. But even then, I agree, if that particular sector goes down quickly it's going to be a rough ride.
Sounds to me that you too are a Specialist. Not in a narrow sector sense but a "Company Specialist" ... you know your clients inside and out but they are in different sectors. Sounds like an interesting strategy.
Based on what I see on Bounty, the data leans towards the "specialists" but generalists can and do have an amazing role that surprised me until I just accepted it. I don't mean an "all your eggs in one basket" specialists, but rather TPR's that leverage knowledge in one area (ie leadership roles in healthcare) to also gain expertise in another (healthcare analyst roles in financial services). The agencies that have a handful of complementary specializations are typically the most sought after and successful - at least in our marketplace. That said (big caveat), the specialization the customer thinks they want is often not the background of the TPR that performs the best.
Sorry can either of you explain to me what a TPR is?
Third Party Recruiter
Ah, cheers Tom! Feel foolish now.
I thanked Rob for this directly but would add here that in my normal working career prior to recruiting I worked for Finance Directors, Customer Service Directors, Property Directors, HR Directors and MDs and sat in their teams and therefore was inculcated with the way these departments think and what is important to them. So in a way, I am a specialist and a generalist as I can recruit into FM and Support Services across various disciplines as my knowledge and network covers this spread. I also knew what a TPR was. #smartarse!
Sorry for the jargon, Robert. One could start a whole separate thread on what to call contingent agencies: headhunters, agencies, third party recruiters, TPR's, independant recruiters, search...
Steve, I think your path to specialization is interesting, and probably a key to success. Leveraging one specialty to gain expertise/network in others is a smart way to both diversify and play to strengths. Although the question of specialist vs. generalist is a very good one, "how" one chooses to specialize is pretty interesting too.
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