We’ve seen how a growing number of private equity firms have increasingly added staffing companies to their portfolios, which clear indicates a clear sign of confidence that these firms have in such staffing corporations.
Investing in hiring or partnering with such staffing companies is a decision welltaken because such corporations have the capabilities to deliver strong returns. Nevertheless, this trend of partnering with staffing companies has also generated a leadership challenge for the human capital industry. Human capital industry and culture One question that arises here is whether it is possible for a thoroughly people-centric business to be led by executives outside the industry. Talented leaders undoubtedly have a flair for adaptation and learning, which allows them to quickly and rapidly grow and succeed in new and challenging roles. The right leader/executive can learn, lead, and succeed at the head of a staffing firm, no matter the sector or industry they come from. However, culture is the human capital industry has more influence over bottom-line success than can be in any other industry. That’s because filling up senior-level job roles is quite a difficult task. It is a deadline-driven, competitive push that requires passion and resolution to get the right people on the job.