
Increased demand from multi-national companies and a greater emphasis on recruiting and staffing will generate the biggest buzz in the recruitment process outsourcing (RPO) industry in 2007 and beyond. RPO is becoming evident and shaping current and prospective contracts. Increased demand for a global strategy and greater emphasis on core recruiting are generating the biggest buzz this year and setting the stage for the future of RPO.
Here are the top RPO trends that The RightThing is witnessing today:
• HRO-RPO partnerships. Human resource outsourcing (HRO) firms will step up their partnerships with RPO firms, recognizing they need an effective RPO solution to have a market differentiator. RPO is a significant factor to the continued growth of HRO and will take a larger role in the mammoth, all encompassing mega-deals that are born under this umbrella.
• Global RPO. As the move toward global RPO gains momentum North American outsourcing firms will develop a delivery model that supports most areas of the world. Look for partnerships to emerge between US and international RPO firms as increasing amounts of contracts will include this global component.
• Global sourcing. A solution to the pending threat of the labor shortage is to source globally for local positions. The talent pool and sheer numbers in areas such as Asia Pacific are hard to ignore. While local sourcing for local jobs will always be first and foremost, global sourcing will be looked at as an additional way to bolster candidate pools.
• Large-scale contracts. As large corporations continue to recognize the strategic and business benefits of RPO, large-scale contracts in terms of size and scope will become more commonplace.
As RPO evolves towards its full potential it is important to align your organization with a partner that is at the forefront of these trends. It could be the difference between a mediocre solution and a winning partnership. Please contact The RightThing for further information. www.rightthinginc.com