The world we live in is full of challenges be it personal or professional life, you need to be proactive and full of energy to face them and get going.

Running your own business be it a stat up or a mid-size firm you need lot of confidence and self-motivation. Since, last ten years I have addressed enormous shift in trend while running my HR placement consultancy. There is huge competition in the market with new players coming in, it becomes more important to step ahead in the race with strategic approach.

Every city in India has huge list of HR recruitment agencies or say HR placement services available, this number even grows further in cities likes Mumbai, Bangalore & Delhi.

Now the question is How to face competition in HR consultancy?

Always remember that every business has its own plus and minus points, what make you climb the ladder is your attitude towards a problem. If you can constantly challenge yourself to better your own performance you are bound to get better results.

 

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Analyze your business strategy: Monitor, analyze your present strategy, compare with your past track record to map down what exactly works and what seems out of proportion. Now, this will show you some light with a clear picture, where exactly you are lacking. With a perfect SWOT analysis you can look out for new innovative ways come up with a strategy which suites best to deal with corporate recruiters.

Keep in Touch: “Out of sight is out of mind”. Yes, in most cases if you don’t keep in touch with your old corporate tie ups or prospects in pipeline, you tend to miss out on the next opportunity to work with them, so keep in touch in regular intervals.

Market & Competitor Analysis: With methodological market and competitor analysis you can rule the market. Being informed about what is best in the market, what your competitors are adopting, what is the present market demand in terms of pricing, commitment and service offerings, you can quickly draw line and find the differences. Work on them immediately make sure your offerings are matching the industry standards and you have an edge with the additional benefits that you can bring to your clients.

Value add: This is just like putting icing the cake. Everyone in the market works with similar services offerings with little difference in pricing but what makes you stands out has to be defined by you. Work on the areas which can make you different from the rest by going an extra mile in terms of client satisfaction. If you can show the value add you can bring in for them, they will love to choose you over others.

So, be determined look for the “X-Factor” that your HR consultancy has, be innovative, be prompt, stay connected and yes follow the thumb rule of keeping your promises with quick turnaround. If you can incorporate these points, am sure you are ready for competitive world of HR consultancy.