Human Power - Viral Thaker HRD blog Headline Animator

Tuesday, July 1, 2008

Are the consultancies going to shut down soon because the corporate companies are buying the job portals???

I wont say that the consultancies would typically shutdown, but yes I would also be lying if I am saying that "the good 'ol days would come back". Business in the RPO industry is hit a big time and it's going bad to worst.

Surviving in such a market by any RPO consulting company would demand a drastic mutation in its DNA, viz. the services.

If you're question would have been, "Would all the job placement telecalling units that had mushroomed up in the industry in past 2 years be shut down?"

My answer would be a BIG.... OBVIOUS... YES!

The real time RPO or HRO consulting companies would adapt in it's ways to source CV's and create a fresh Data pool. Though major chunk of business would be lost with the job portals being acquired. But that would be compensated with other consulting services like assessments and training.

In short I can simply say that the life cycle of the industry has started again. This time it's more evolved and challenging. ;)

Regards,
Viral Thaker

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