The inevitable snapback will be aggressive and the growth will return. Now is the time to make the investment in technology and digital transformation. “Technology has become the backbone of the pandemic for relationships”įischer spoke passionately on the importance of technological advancements. This session showcased both the roadmap and aspirational advancements in Bullhorn’s product lineup to help customers drive better engagement, productivity, and growth. Matt Fischer ‘Vision for Innovation’īullhorn CTO Matt Fischer opened day 2 with his keynote showcasing the Bullhorn ‘Vision for Innovation’. Although there is still so much in the realm of the unknown, it’s encouraging to see that we are on the brink of recovery, be it ‘U’ or ‘V’ shaped. The good news is growth rates for 2021 are predicted much higher than those expected before the crisis. With the UK worse at -9.1% and Europe overall predicted to shrink by just over 7%. “A downturn can be an accelerant to change.” Barry Asin, SIAĪdam Pode from SIA also shared insights showing predictions for heavy falls of GDP in 2020 overall. “The future belongs to those who believe in the beauty of their dreams.” Catherine Johnstone Growing Your Staffing Firm in a Post COVID-19 Worldīarry Asin, President of Staffing Industry Analysts, held his own breakout session drawing on SIA’s decades of research in the staffing industry.īarry discussed the massive potential for innovation and new solutions to emerge as we begin to recover from COVID-19. Can we learn to make a better world for individuals and for ourselves? We must leverage the new technologies and opportunities available to us to solve inequalities.
To wrap up, Dr.Newman shared her key takeaways from the pandemic in relation to the power we have to transform the future of work. Transformative innovation: What challenges and opportunities are present when you start completely from scratch with new technology and a new organisational framework.Disruptive Innovation: What can you accomplish when you take your existing technology but adopt a new approach?.Revolutionary Innovation: What can you accomplish when you keep your existing organisation model but implement new technology?.Continuous Innovation: With your existing organisation and technology, what can you do every day to be better and to improve?.She explained that there are four kinds of innovation: Newman shared her innovation framework, a system that she developed during her role of leading a diverse group of talent at NASA.
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She shared lessons learnt throughout her career that many recruiting professionals can relate to now, such as how to learn from failure, the role of a good leader and the importance of diversity in the future of work.ĭr. Dava Newman, MIT Apollo Professor of Astronautics & Former NASA Deputy Administrator took to the screen for the second keynote of the day. Going forward, automation will perform sourcing, screening, scheduling, reference checking and background checking in many forward-facing businesses. However, now business’ are realising that time is so much better spent building relationships with candidates and clients. Previously recruiters have feared automation as if it will outweigh the need for the recruiter. This has highlighted not only the benefits of automating menial tasks but the necessity. This is something that would not have been possible without the advancements made in technology, AI and the cloud.Īnother opportunity that has emerged is the realisation of how important building and maintaining relationships is. Roles that previously would never have been carried out from home have been able to successfully shift to remote work. As we shift back to a new normal, remote work will have a whole new meaning.
This pandemic has also prompted the transformation of remote work across the globe.
He told a story of a Bullhorn customer who had placed 4,000 temperature-takers in the US, a role that didn’t even exist 3 months ago. One opportunity is the creation of new roles that didn’t exist pre-COVID. He then highlighted the opportunities that have emerged from the pandemic for the recruitment industry.
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