An experienced HR professional has provided us with management consulting on the various challenges which occur during the recruitment process and how those same may be converted into opportunities. The first challenge is to scan resumes and online applications. Searching through keywords may not be a very comprehensive method, rather it provides us with candidates who are aware of those keywords. However, in today’s technology driven business environment this can prove to be an opportunity as this shows the candidate has a sound understanding of technology. Recruitment is still a bureaucratic process though changes are afoot thanks to digital interventions. Also recruitment is a slow process, and the consultant suggests recruiters take a leaf out of matchmaking agencies which are quicker at finding life partners. Besides sports franchises, most organizations are extremely risk averse but newer and leaner business models stress on greater flexibility in terms of job profiles allocated. Job descriptions are good at identifying people with the right skill sets but cannot gauge whether the candidate will be a right cultural fit at the place. But the way organizations work nowadays, it’s difficult to pin any organization’s culture and thus better to keep open view to recruitments.

The world’s premier tourism destinations are getting increasingly crowded as per tourism consulting provided to us by the WTTC. For example the Times Square in New York or the Palace of Versailles outside Paris are places which have seen so much overcrowding that they have even implemented a ‘crowded day’ signal during bookings for peak days. This has led to tourists’ lines running long for booking tickets. This has even raised security concerns during peak seasons. Thus tourist destinations are rewarding tourists who dare come during the non-peak seasons as that divides efforts throughout the year.

A management consulting publication has provided us with a list of reasons why hiring a business coach is a necessity these days. Entrepreneurs will be forced to go outside their cocoons. A business coach provides personal attention while understanding the mandate completely. A coach will never be afraid of putting his / her foot down and informing the entrepreneur of mistakes committed. The entrepreneur will get to hear unbiased opinions. The coach will also enable the vision to be executed. The person may eventually end up becoming a trusted confidante. Networking opportunities will rise many fold as the business coach interacts with several firms on regular basis. Eventually this will lead to increased incomes. A sense of self-confidence will develop. The entrepreneur will now no longer be held accountable for everything but for only those issues which truly matter.

Travel and tourism’s increasing importance to the global economy can be gauged by one simple statistic derived from specific market research conducted- about three-fourths of business travelers now add a leisure segment to their trips. Nearly a tenth of the world’s GDP was generated by the industry. Also the economic growth is greater than overall figures by one full percentage point. There exist at present around 266 million travel jobs worldwide. Of them around 4.7 million were new jobs created. This growth has primarily been attributed to the rising income levels in countries such as India, China, Russia and Brazil.  

Industry leader Deloitte has added Kaisen Consulting to its stables having acquired the same. This will create amanagement consulting behemoth spanning the entire globe. Where Kaisen will come handy is the leadership consulting sphere especially in the USA and UK. This segment alone is worth more than forty billion US dollars annually. In fact, business research conducted proves that around 86% of business and HR executives feel leadership services consulting is lacking. Less than a seventh of those polled feel newer leaders are adequately being created from within the firm. 

Certain company cultures do not provide conducive environment to foster business innovation. They usually have a slow decision making process.Such firmsstruggle to prove their respective business values.Way too much is focused on latest technologies. Operational processes are cumbersome for new recruits to follow. There is often this sense running through these firms that much innovation will lead to a loss of control over subordinates. Rather there must exist a strong sense of purpose. There is a lack of freedom to experiment.

There has been some debate as to the importance of technology in driving corporate strategy. Cutting edge technology is reducing business life cycles yet without strong leadership it is not possible to integrate this technology to actually implementation at work. While loads of digital players exist, leadership will formulate the vision by which the organization will stand out in the crowd. Employees of the firm must be encouraged to look towards technological solutions as a group effort. This will also enable the breaking up of silos at the leadership level.