Thursday, February 17, 2011

Why the Recession Has Hit the Risk Business So Hard - Analytics and Compliance Searches Are a Pain in the Butt!



Wow, has it been a roller coaster 2 years in the talent acquisition business or what?!!  The recession really put an emphasis on control, compliance and risk mitigation, and has resulted in a dearth of qualified candidates whose focus is in anything related to data analytics.  More specifically, those requisitions that also require some type of statistical software (e.g., SAS, SPSS, mTAB, etc.) has especially led to an incredible increase in time to fill numbers for us.

And the fact that Toyota has already been known to be notoriously slow in its talent acquisition and interviewing processes, makes these searches that much more difficult to fill.  We have had Risk positions open for months on end, with the finish line nowhere in sight.  It has been frustrating at best if you could just imagine  You would think that with unemployment teetering on 10% across the country that we'd have our pick of the best in the litter....not the case for sure.

Time to open up that creative sourcing box and start thinking outside of it, and stop relying on the ever present headhunting firms (all of whom initially say "no problem, I can fill that right away just give me the job order").  We need to step up to the plate, show off our talents as the "ultimate people scouts" out there, and just say "what the f**k!"

Like Tom Cruise said in the film Risk-y Business: "what the f**k gives you freedom, freedom brings opportunity...opportunity, makes your future"

Until next time...

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