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Winning
is not a sometime thing; its an all the time thing.
You dont win once in a while; you dont do things
right once in a while; you do them right all the time. Winning
is a habit, so says Vincent Lombardi, footballs
winningest coach.
The
Staffing industry has seen more change in the last twelve
months than in the past five years. Million dollar companies
gone! And not just one or two
We are talking
about scores of them bankruptcies, mergers, acquisitions
and total retrenchments Monster deals!
Recruiters
are at a strategic fork in the road. One path
is to hunker down, cut costs, discount fees and opt for incremental
tactics. The other is to boldly make changes to transform
ourselves into businesses. To lead our industry, you must
walk the bold road. Now, more than anytime in the past five
years, you need to start building a long-term sustainable
business based on something beside the transactional model
weve used for so long. That will give you the winners
edge.
Tomorrows
next generation of winners is already busy plotting the technologies
and business processes that will revolutionize the world.
These are the smartest, savviest, most well educated and ambitious
people in the world. Your companys success depends on
them and last years tech-wreck is a constant reminder
of how seldom companies institutionalize the practice of winning,
of running a solid business.
For
example, in the old days (5 years ago), a talent search was
like a two-dimensional board game. It allowed a recruiter
a leisured amount of time to send out requests for resumes,
which could then be judged along a price/performance set of
axis. It allowed for a precise, two-dimensional grid, and
a search process so structured and simple that even a corporate
H.R. Departments less skilled staff could handle judgments.
Recruiters were paid to tap into the pool of passive candidates.
Now,
the world moves in three dimensions, at a speed more resembling
a video game. It's Zap or get Zapped, in real time. The Internet
has upped the ante. In such a fast-paced dogfight, you need
to define your missions very carefully: no wasted energy,
no blurred vision. The right people are even more important
to find than ever before. And more people know how to use
our technology and tools than ever before.
Is
your business keeping up? Or is your company still running
on the old-fashioned transaction based model? Are you still
trying to fill in a box on a standard employee recruitment
form? Still marketing/pitching candidates to find job orders?
Still fighting the toothpaste wars as I refer
to them, (whiter/brighter/vitamin C)?
Clients
today have received brochures with every conceivable we
only hire the best pitch known to mankind. Clients know
what recruiters do. They just question the claims. Theyre
looking for something more nebulous, and more important from
Recruiters. Theyre looking for a business person who
can deliver a QUALITY, not a quantity. Instead of filling
in a box, theyre looking for you to explode out from
an open-ended, initiative-driven space to build out their
business.
How
to do you market into a sea of disbelief and super saturation?
You dont. At least not in the traditional sense. For
more than 10 years now Perry-Martel International has focused
on getting other people to do our marketing for us. To bring
us in as the experts. Its not that Im
overly shy; its just that our high-tech clients are
skeptical of anyones claims. They have highly sensitive
BS detectors. After all, that industry invented
vaporware and made billions.
We
have built our business on the good word of others: industry
associations, VCs (hard to believe I know), CPAs, lawyers,
advertising firms, public relations agencies, etc. A strong
association for example can deliver a continuous supply of
new business so long as you guarantee to deliver 100% of the
time and give their members a break on fees. Funny thing is
though seldom do Clients care if the fee is discounted, theyre
more interested in having someone else stand behind your work.
And when they see their clients are happy they turn into Zealots.
Its not just that its in their best interest to
grow ALL their Clients it s also because they know how
poor most search/recruitment/agency firms are. When they find
a good one watch out!
Skeptical?
After 16 years we still havent found it necessary to
print even a simple brochure. No pens, mugs, tee-shirts, concert
tickets or free lunches either. I have personally negotiated
more than $100 million in salaries. Most of which were referrals.
My personal record is 848 wins 2 cancellations
1 failure for 851 searches. Whats the secret? Flawless
execution + the relentless good will of others.
Clients
dont want the best price or even the lowest they want
a flawless search conducted by a firm they can build a long-term
relationship with. For Clients, training a recruiter to understand
their business is a long arduous and time intensive proposition.
Clients are looking for business partners now, not transaction
driven agencies.
We
have built a business on ALL the best practices that drive
our industry and if a bus hits me tomorrow my Partner can
run it or sell it. The business doesnt need me. Theres
value in the business rather than just me, because its
not transaction based. Its process driven.
Weve
built our business by doing what other industries do - stand
behind our work. We offer a 1-year guarantee for example.
Sure it comforts Clients that well be there if something
goes wrong, but more importantly it forces us to build a methodology
that accounts for all the things that can go wrong in a search.
To date weve replaced 1 candidate. The 137-question
Position Opportunity Profile tool and the 68-question Reference
Check, limit our Clients exposure to the liability of
a bad hire.
By
now, most companies have become used to paying out more money
for 1 body than they do for a new car. No one said they liked
it. No one guaranteed the gravy train would keep running!
It will for those of us that move away from the transaction
based agency business and build businesses with real value.
By
providing the latest innovations in executive search and creating
exclusive business models and process, your clients benefit
from a faster, easier, and more reliable search process which
brings them exactly what they desire
exceptional leadership
... and what you desire
a sustainable business you
can sell your children when you retire. Now thats a
winning idea Lombardi would approve of.
David
Perry is managing partner of Perry-Martel International Inc.
and author of Workinsight: A Headhunters Guide to Finding
the Perfect Job. He can be reached at dperry@perrymartel.com
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