<p>In the backdrop of improved economic conditions, firms are turning bullish on leadership hiring in order to implement their business plans.<br /><br />As a result, most executive search firms are taking comparatively half the time now for completing the hiring process of senior level executives as compared to time taken in the past, according to human resource experts.<br /><br />"Technology has made life faster and now it takes less than 50 per cent of time to put any business model in place. It is same for leadership hiring. At present, firms are very clear in terms of what they are looking for based on availability of resources in the market," executive search firm GlobalHunt India director Sunil Goel told PTI.<br /><br />"Earlier, 90-120 days were required for closing a search mandate, now the same position is closed in just 40–60 days, Goel noted.<br /><br />Agreeing with the observation, another executive search firm BTI Consultants India head James Agrawal said, "Yes, there are many positions at senior level which have got closed at much faster pace. But certain positions still take longer time to close as these are specific to niche skills."<br /><br />Elaborating on the reasons helping the faster hiring process, Agrawal stated, "Critical data availability due to technology advancement, which reduces both industry as well as talent mapping exercise, and reduction of evaluation process by way of video conferencing, skyping adaptability."<br /><br />Goel said, "These days, connectivity is high through technology (voice and video) and people are also available 24X7 to fasten each step which most of the time involves even global stake holders."<br /><br />Another leading HR expert said the improved economic scenario, bullish business plans of companies, high attrition are compelling factors behind the quick recruitment procedure.<br /><br />Executive hiring mandates are being completed promptly in sectors like infrastructure, telecom and IT as these sectors always have timeline to launch services, Goel added.<br /><br />Agrawal said this trend has been witnessed among majority of national and multi-national companies.</p>
<p>In the backdrop of improved economic conditions, firms are turning bullish on leadership hiring in order to implement their business plans.<br /><br />As a result, most executive search firms are taking comparatively half the time now for completing the hiring process of senior level executives as compared to time taken in the past, according to human resource experts.<br /><br />"Technology has made life faster and now it takes less than 50 per cent of time to put any business model in place. It is same for leadership hiring. At present, firms are very clear in terms of what they are looking for based on availability of resources in the market," executive search firm GlobalHunt India director Sunil Goel told PTI.<br /><br />"Earlier, 90-120 days were required for closing a search mandate, now the same position is closed in just 40–60 days, Goel noted.<br /><br />Agreeing with the observation, another executive search firm BTI Consultants India head James Agrawal said, "Yes, there are many positions at senior level which have got closed at much faster pace. But certain positions still take longer time to close as these are specific to niche skills."<br /><br />Elaborating on the reasons helping the faster hiring process, Agrawal stated, "Critical data availability due to technology advancement, which reduces both industry as well as talent mapping exercise, and reduction of evaluation process by way of video conferencing, skyping adaptability."<br /><br />Goel said, "These days, connectivity is high through technology (voice and video) and people are also available 24X7 to fasten each step which most of the time involves even global stake holders."<br /><br />Another leading HR expert said the improved economic scenario, bullish business plans of companies, high attrition are compelling factors behind the quick recruitment procedure.<br /><br />Executive hiring mandates are being completed promptly in sectors like infrastructure, telecom and IT as these sectors always have timeline to launch services, Goel added.<br /><br />Agrawal said this trend has been witnessed among majority of national and multi-national companies.</p>