'Cross industry recruitment can check poaching'

Cross industry recruitment of executives are yet to be practiced by the Indian corporates although there are positive signs on that front. At present, recruitment largely takes place from within an industry.

The newly formed ECHC Management Services provides business coaching in cross industry recruitment of executives.

Addressing mediapersons V Ramesh, chairman and managing director, ECHC Management Services, said that cross industry recruitment of executives helps to bring in different practices, skill sets and growth opportunities to a company.

Ramesh pointed out that of the 30 to 40 corporates that ECHC had approached in different segments such as energy, logistics, manufacturing, financials and textiles, all of them were open to the concept of cross industry recruitment.

The objective of movement within industry is cost saving and the key reason companies may look at cross industry recruitment seriously is because it can minimise poaching, he said.

Kochat Narendran, managing director, Hindustan Cargo, a subsidiary of Thomas Cook India Ltd, said, "In our company, most of the senior officials are from different verticals which makes them less biased, more innovative hardworking in learning the subject."

"We see the role of human capital building to be different from human resources development which focuses on recruitment, training, skills mapping , performance evaluation, compensation and benefits administration, resource usage policies management and termination process," added Ramesh.