Top Talent Drives the Global Economy
by: Udit Bhandari
"Finding and attaining top talent is critical to business success. Human resource
is probably the most important tool an organization can employ to gain competitive advantage"
The ability to make good "people" decisions is today's most important source of competitive
advantage. All factors of production are easily available and accessible to all organizations but what separates the best from the rest is the quality of human resource a company possesses. Top leadership
talent has always been hard to attain and this has only aggravated in recent times due to globalization, growing worldwide competition, aggressive headhunting practices etc. With growing demand and limited
supply top level executives are so much in demand that companies are paying extravagant salaries, bonuses, perks whatever it takes to attract the best brains from across the world. Newly developing economies
such as India and China are also giving fierce competition to business leaders who can now earn top dollar working in these countries as well.
Companies are in need of capable leaders who can steer their
firm steadily into the future. Here is where the role of executive search firms comes into play. An executive search firm is a specialist talent acquisition service provider who enables companies to get
their dream candidate on board. Executive search firms have come a long way and are today considered crucial participants in a companies recruitment strategy. Also it's not the big boys of executive search
who are in the limelight but also small and efficient firms such as Servnet which is a specialist firm helping companies hire top talent from India. Normally a smaller firm is able to devote more time and
resources for a search assignment resulting in faster and better results which are critical to business continuity and growth.
Author: Udit Bhandari