Talent search through outsourcing and acquisition

Talent search through outsourcing and acquisition
The role of Executive Search firms in today's context is to actively study, curate, and help design the right human capability solutions to fit the organisation's future business, leadership & talent strategies.

Korn Ferry, a global organisational consulting firm, in its report on The Future of Talent Acquisition stated, “Over the last three years, more and more professionals- of all ages and all job levels-have decided to leave their full-time jobs to pursue interim or contract work. And the number of global interim workers is only expected to grow in 2023: to roughly 78 million from about 43 million in 2018, according to one survey.” Such trends are bound to pose many challenges for organisations (across all sectors and with varying employee strength) as well as Executive Search firms. Executive Search firms, in such cases should conduct scenario-based demand planning to prepare for the worst, average, and best-case requirements.

Executive Search firms help in sourcing the right candidates for the senior level leadership positions or the C-suite level jobs. For such positions, organisation may have difficulty seeking help from the typical recruitment agencies. Replacement may also be a critical factor reason to deploy services of executive search firms in...

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Dr. Deepak Sharma and Sahil Gupta

currently is Faculty Member (Human Resources), Narsee Monjee Institute of Management Studies, Bengaluru Campus

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Dr. Deepak Sharma and Sahil Gupta

currently is Faculty Member (Human Resources), Narsee Monjee Institute of Management Studies, Bengaluru Campus

Sahil Gupta

is HR Consultant

May 2024

Managing Talent - May 2024

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