Here we are in February 2022, no longer in ‘unprecedented times’ but firmly in a new market paradigm. The world of work has changed enormously over the past two years. There’s been a shift in priorities with ‘The Great Resignation,’ while, Diversity and Inclusion requirements need fresh consideration.
At The Ally Venture, we have been following trends in executive search closely. In this blog post, we will look at some of the current challenges and opportunities in executive search, give you a quick update on how things have been going for us, and how The Ally Venture can help you find the right people, at the right time.
Candidate-driven market place
In the past year, we have seen a definite increase in hiring activity. In tandem with this increase is a marked shift in candidate expectations. Unlike before, people are now looking for novelty and flexibility above security. These two factors contribute to an overall shortage of qualified talent, putting additional pressure on those in executive search, with many companies now competing for the same candidates and skill sets.
Importance of Diversity and Inclusion
In addition, due to global events and conversations around racism and systemic inequalities, companies have had to rethink and update their diversity and inclusion strategies. In an ever-competitive market, diversity and inclusion is not only the right thing to do but it’s good for business. As part of innovation and resilience, creating an equal and inclusive workplace is imperative for an organisation’s success.
However, following through on diversity and inclusion strategies is not without its challenges, including a shortage of qualified talent and global-supply chain issues. But now that the remote work model is here to stay, new opportunities are opening up that are not limited by location.
Technology and Data
Another key trend is data-driven recruitment. We understand the challenges companies face and know that overcoming these challenges is all about process, accuracy and insights. Gaining access to the right data is vital, but this search phase is often laborious and time-consuming. We use powerful automation and AI technology to speed up this process so that this research phase is taken off your desk and you can focus on closing more offers.
At Ally, what really sets us apart is our culture of quality and care. It has been a milestone year for us and we’re very proud of how far we’ve come in a short amount of time. As our company continues to grow, it’s important to us that we maintain our high-quality service and invest in our ambitious and talented staff. As part of this remit, we are launching a new training programme, designed to nurture key staff members’ leadership skills. This is an exciting step for us and we look forward to providing more holistic, ongoing development for our staff.
Throughout 2022, we are developing our core services: The Ally Long List, which provides detailed lists of potential candidates based on your brief; the Ally Market Map, which uses market intelligence to create an interactive map that gives you a competitive edge in understanding who’s out there and who’s available, in real time; and finally the Ally People Moves, an alert system that allows you to see joiners, promotions and role changes, for a predetermined list of companies, either weekly or daily.
Our services give you a 1 to 2 week head start over your competitors and allows you to win pitches and break into new markets.
Interested in getting back selling time and actionable leads?
Book a free demo with us today here