Only a year ago the communications job market was far from being saturated
and good opportunities were found on every corner. However, these golden days
are finished and currently the communications industry is experiencing a more
client-led recruitment market rather than a candidate-led one. This situation is
mainly due to the general slowdown within the communications industry.
However, this situation doesn’t have to turn into a nightmare. Companies
are just more conscious and therefore are reviewing roles and responsibilities.
In line with the rest of the communications world,there is a process of ‘right-sizing’
taking place in India. But here this does not necessarily imply ‘down-sizing’
– more specifically, it refers to companies gearing themselves up for the
challenges that lie ahead, both in the short and long term.
Corporates are making considerable changes through restructuring, reassessing
and restrategising their resource bank – preempting skills required for the
long term and satisfying the short term need. Candidates, however, still have
every reason to be optimistic because there is a core-skills shortage in the
telecoms industry.
With strong roll-out plans, and the lure of a deregulated market, companies
are now seeing that to turn their plans into a profitable reality a solid
workforce is essential.
But wisely, companies are not primarily jumping into this recruitment frenzy
feet first. They have seen the situation in the west at the moment, where there
has been a move from rapid expansion to downsizing in a short timeframe (with
over 350,000 job losses in the UK itself), and have seen the pitfalls of having
excessive resource. Instead they are looking at how to balance their recruitment
requirements with their business development plans, and to ensure that they, as
a company, can attract and keep the best people.
As a starting point, many companies are turning to specialized recruitment
consultants, but initially not to search for new staff. Instead, recruitment
consultants are being used to run a variety of assessments on a company. As a
starting point, benchmarking activities are undertaken to see how well current
managerial skills perform against the best practices globally, and then the
consultants provide operational and managerial assessment programs to develop
recruitment strategies for the ongoing development of the company.
This leads to the development and implementation of a structured approach to
developing an effective talent pool. With this in place, it becomes easy to see
where and when resource is required and an organic growth pattern, in line with
a company’s business plan, emerges.
Companies only want the right fits, as it is a tough market and companies get
inundated with CVs, they are keen to and prefer to work closely with someone who
focuses on and understands the communications arena.
Monica Batra, VP, executive
search and selection, India, Band-X
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