Now is the time to outsource

Outsourcing is an age old concept that continues to prove even its toughest critics wrong. It has survived and thrived through the most challenging of economic conditions and continues to grow even through recessionary times. The outsourcing trend has run unabated, constantly evolving and improving in not only the range of the tasks being outsourced but also their complexity. Initially, simple back office and routine jobs were outsourced, nowadays much more complex and business critical tasks are being undertaken outside of the main company by outsourcing partners. Virtually every industry has taken advantage of the outsourcing boom to cut costs, improve productivity and to enhance service delivery. 

Advantages for Organisations

Staffing departments are one of the worst hit in an economic downturn and have to work within ever tighter budgets. Forward looking organisations are innovating their hiring process to reduce costs and to increase success ratios. It is observed that more and more organisations are taking the help of a research professional, either internally or externally, to identifying prospective candidates. This frees up valuable time for the in-house HR or staffing team to manage the assessment and interviewing process. This approach has not only helped organisations to cut executive hiring costs by over 80%, which can be a substantial saving when hiring senior positions, but also enables organisations to bring on board business critical hires in a significantly shorter time. Many global organisations are currently using the quiet time that the recession is presenting, as far as new hires are concerned, to invest in updating their knowledge about their competitors and to create a detailed talent landscape. This will allow companies to respond quickly and at a minimal cost once hiring starts again.  

Advantages for Executive search consultancies

The current economic climate has made it even more important for executive search firms to realise the significant benefits that can be achieved through outsourcing. Certain tasks, such as talent mapping and candidate generation, can easily be outsourced with significant cost savings by partnering with a specialist research company.  The speed of delivery of accurate, thorough and verified research also gives companies a significant competitive advantage when hiring for business critical positions. 

The British Army says ‘Adapt, Improve and Go Forward ’The need for forward looking companies to review and improve processes has never been timelier. -Now is the time to innovate or get left behind! 

Glover Daniels Research Solutions partners with a number of corporate clients as well as several executive search consultancies to undertake research across industries, sectors and regions. This frees up significant time for the organisations to concentrate on candidate management and other tasks. A professional and experienced outsourcing partner can also undertake specialised assignments which are outside the core of recruitment research; such as salary benchmarking reports, talent landscaping and skills availability analysis.  For more information visit http://www.gdresearch.com/