SIA Executive Forum: The Most Direct Path to Greater Profits

On Wednesday March 14th, I will be presenting at the SIA Executive Forum on aligning your recruiting organization with your client buying patterns to improve profitability. The impact of effective alignment can be quickly realized in the bottom line results and are typically of a substantial scale. Why is the impact of improving operations so significant? Well, because delivery issues are oftentimes driven by self imposed process inefficiencies. Yes, the talent pool may be tightening, but don’t fool yourself that the lack of productivity is out of your control. Spend the time to drill down into your delivery organization and honestly evaluate whether it is truly aligned with your current client base. I have worked with client’s who are married to old processes because they worked in the past. However, this is an expensive mistake. Managers must look at their processes in relation to their account base and customize their delivery accordingly. The good news is that these types of improvements can lead to stunning results. I have seen results increase by over 40% and will present these case studies during my presentation at the SIA Executive Forum. In contrast, addressing bottlenecks in the sales strategy takes longer and typically … Read More

What role does Strategy have in Staffing?

Staffing at its roots is an entrepreneurial industry. Some of the most successful staffing companies can point to strong leadership, aggressive execution, and ambitious production personnel as keys to their success. It is an industry defined at many levels by its shear will to succeed, and through the nineties that seemed to be enough. Over the last decade, we have seen massive changes in the competitive forces that impact the industry. These changes have allowed buyers to become increasingly sophisticated on how they engage and manage their relationships with staffing vendors. Buyers are leveraging technology to enable programs that closely manage both processes and pricing, driving the staffing firm’s operational costs up while at the same time squeezing gross margin profitability. To preserve bottom line profits staffing firms responded with a focus on increasing the “productivity” of the recruiting and sales organizations to achieve activity metrics that were simply not possible even five years ago. Operational improvements are a continued necessity to survive in the staffing business, and can briefly give a company a competitive advantage. However, is it enough to outperform the competition long term? The short answer is no. A longer answer can be found by reading an … Read More