Adapting in Uncertain Times
Many expect a significant pause in business, followed by a sharp rebound later this year. Hunt Scanlon’s latest 2020 Executive Recruiting State of Industry Report reveals how the nation’s top executive recruiters are resetting expectations in the midst of an unprecedented global pandemic crisis. Hunt Scanlon Media talk to the experts, uncover the opportunities, pick the sectors and reveal how search firms and talent organizations are navigating and adapting in uncertain times.
Our Global President Victor Carulla was asked to share his thoughts on how the firm is adapting in these uncertain times.
Victor says that the previous economic collapse was instructive in the need to keep an open mind. “The 2008 recession taught us that it is vital for being flexible and adaptable,” says Mr.Carulla. “Have controlled fixed costs and try to diversify in terms of services and/ or clients (industries). We also learned that a crisis in [other] countries is able to come to our territory with even bigger impact; therefore we have to be aware of what is going on not only in our city or country but also in the world and try to be as adaptable as possible to still remain as an asset to our customers.”
Victor says perhaps the greatest permanent change will be intangible. “Uncertainty will be something that we will need to learn to live with,” says Mr Carulla. “This will not change, as this issue has come to reality. It is global, affecting all countries.” “There are things that for sure will change” he adds. “For instance, ‘home office’ has already been normal in some businesses, but most people were not used to it and companies were just not ready. Virtual meetings/interviews were already in our day today so that’s something that will not change, but in our case, we always preferred (if it was feasible) to meet the person with no screens, in real life. Things change, people do not act the same through a Screen (Skype, Zoom, etc.) than in person. There are many aspects that we will need to learn how to be much more accurate in our evaluations and perceptions of people through a screen.”
Read more: https://huntscanlon.com/2020-soi-report/