Select Appointments has invested in the latest in online intelligence to enhance its business planning functions in order to combat what is set to be a turbulent year for recruitment companies.
The recent unexpected decision by the Bank of England to reduce interest rates in an attempt to stimulate the manufacturing and service sectors confirms increasing pressure facing the industry.
Diane Martyn, managing director of Select Appointments, believes the companyís recent subscription to agile online - a new web-based intelligence and analysis service for the recruitment industry - has created greater confidence when making decisions in the current economic climate.
ìWe are using the website almost daily as we put forward our own trading reports and compare them in the wider context of the market situation and our competitorsí position,î says Diane Martyn. ìTraditional reviews, year end analyses and even feedback to our own staff are all greatly enhanced by the information at our fingertips provided by agile online.î
ìThis in turn gives confidence as decision-making is undertaken and business planning functions better executed. The quality of analysis provides instantly useful intelligence which adds enormous value to underlying data sourced by the company.î
The new web-based intelligence and analysis service has been launched by Agile Intelligence to provide cutting-edge business information, sector commentary and market analysis.
Focused initially on the office and light industrial recruitment sectors, agile online, has been developed by investment analyst, Sue Dodd, and business consultant, Dr. Paul Dawson.
ìOne example of the value agile online is adding for subscribers like Select is in its financial league tables which provide a ready-made insight into oneís own performance set side by side against the competition,î said Sue Dodd who has worked as an investment professional in the City for 12 years, culminating in a significant spell as a senior analyst at Merrill Lynch. ìThe league tables are just one aspect of the web site, along with substantial competitor, economic and sector-based analysis, which facilitates understanding of the market in a way that would be immensely difficult and certainly very costly to achieve in-house.
ìNews of closures, bankruptcies and mergers during 2003 could yet accelerate already fragile market conditions. This, combined with wavering business confidence, means that recruiters cannot afford to be complacent about the need for accurate and up-to-date information.î
Select appoints agile online
.