Recruiters have suffered mightily over the past two years. Statistics show a large decline in the number of third-party recruiting firms and even the established, larger firms have cut back on staff and services. Almost every corporation has either cut back or eliminated recruiting as they move to outsourcing, not hiring, employees. Most of us thought we would be coming out of recession by now and that employment would be steadily ticking upwards. Instead, we seem mired in a sluggish employment market and still face uncertainty about our jobs and our future. The opening sentence to Charles Dickens’s famous novel “A Tale of Two Cities” sums up the feelings of many. It almost seems that he was speaking directly to us more than 100 years ago as he wrote, “It was the best of times, it was the worst of times…we had everything before us, we had nothing before us.” But as we sit down for Thanksgiving dinner (here in the U.S.) tomorrow, I hope we can find it within ourselves to be thankful for what we do have. We have much before us ó exciting stuff ó but challenging and demanding as well. This economic slowdown is not just about the failure of dot-coms or poor accounting standards and fraud in some of our largest corporations. It is really about entering a new century and dealing with the changes in the nature of business and work that it has already brought. A door has opened and let out the comforts and habits of the 20th century. Many of us now miss its familiarity and the rules that gave us a sense of security and certainty. Indeed, our profession has changed fundamentally, although we are just beginning to see and understand those changes. The habits and skills we developed in a slower moving, more certain 20th century no longer work so well. Our cheese has been moved, as the eponymous book says, and we miss the familiar world of paper resumes, face-to-face recruiting, ringing telephones, cold calls, and classified ads. Technology and the Internet still feel unfamiliar and foreign. But here are a few of the many things we have to look forward to:
The entire recruiting profession will look different, run different, use different tools, and be based on different assumptions than it was in the 20th century. And that’s good, because we will need new tools for the new problems of talent shortages, rising free agency, smaller firms, and rapid change. Let us give thanks this week for the plentiful ideas and creativity that have contributed so much to America’s leadership in human resources, in developing human potential, and in continuously exploring the limits of our capabilities. And may all of you have a peaceful, bountiful, and happy Thanksgiving.