rethink brief overview 2012
TRANSCRIPT
Delivering Exceptional Candidates
Proposal for Preferred Supplier Status
Presented by Iain Blair, Lewis Gould and Harriet Kirby-Turner11th January 2012
Agenda
Overview of The ReThink Group
Overview of group strategy
Overview of our performance vs market
ReThink’s differentiators!
How we will work with 3663
Monitoring service levels / performance
Proposed terms – high level
Conclusion
Q&A
Company Overview
Founded in March 2005
Part of The ReThink Group plc – is an AIM listed company that
provides business & technology recruitment & consulting
services
4 operating companies in the group
Operates from 10 locations – 5 in UK, 2 in Ireland & 3
international
Over 214 group headcount circa 200 consultants
Proven growth strategy – organic & through acquisition
New markets & new geographies
950 perm placements in 2011
Growth to 820 contractors on billing contractors in 2011
£56.4m turnover in 2010 – 13% increase on 2009
£80.0m turnover forecast 2011 - 41% increase on 2010
All consultants are members of the IRP
The ReThink Group Company Structure
Pharmaceutical & Life Sciences
Technology
Commercial/Executive
Engineering
Recruitment Process Outsourcing
Managed Services
Consulting
SaaS
Software Sales
Support
Business & Technology
ReThink Executive
ReThink Energy
Worldwide Locations
UK and Ireland
Strategy for the Group
To continue to grow organically and via acquisition or merger
To build a business with a balanced portfolio of revenue and
profit lines
Expansion and
investment in Aiimi 1
Expansion
internationally –
Europe, Middle East,
Asia Pac
2
Expansion in
our RPO Business 4
Expansion in
other high value
recruitment markets
3
In a world of shameless mediocrity, ReThink loves being different
Being Differentunexpected honestyWe won’t pretend a square peg fits in a round hole. So we don’t waste your time with a compromise. Honesty is the only policy. Honesty is our way.
unconventional peopleOur way means we’re all stakeholders. We care about what we do for you, not about what process usually dictates. That’s unconventional.
uncommon understandingConsideration. Expertise. Determination. That’s what it takes for us to understand you and your business. That’s uncommon. That’s our way.
unparalleled successSuccess doesn’t come from being the same, it comes from being different. We’re proud to have always done things our way, and our results speak for themselves.
Differentiators
Our People
Our Values – a massive part of our recruitment
criteria
Managers remunerated not just on sales
Average of 7 years experience in recruitment in each
discipline
Rewarded for retention of customers as much as
winning new ones
All our consultants are accredited by Institute of
Recruitment Professionals (IRP)
Run a monthly competition where staff nominate
colleague who have evidenced one of our core values
All of our staff are shareholders – long term
objectives and strong retention
Differentiators
Our Technology
Web based applicant tracking system
Access from any computer or mobile device
Effective and efficient candidate tracking
Standard, custom-built and ad hoc reporting
capability
Comprehensive and integrated candidate sourcing
solutions
CRM provides visibility into client communications,
job history, candidate history, meetings and notes
Integrates with leading calendar and e-mail
applications
Finance Finance Reporting
Finance technician
Financial accountant
Business consultant
Payroll Accountant
Payroll Manager
IT Helpdesk
Service Management
Infrastructure Management
Development, Test, Config
Architects
Business Systems Program and Portfolio Management
Project Managers
Business Analysts
Business Change
Operations
Business Support Analysts
Program Directors
Heads of Service
Purchasing / Procurement
Procurement Manager
Buyer
Category Manager
Category Lead
Head of Procurement
Purchasing Director
Supply Chain
Transport
Transport Management
Fleet Management
Distribution Management
Distribution Centre Migration
Project Manager
Project Manager New Distribution
Centre
3rd Party Logistics Engagement Manager
Capacity Planner
Process Manager International & European
Our Proposed Solution
Understand our customer, understand your proposition
Dedicated team of experts
Effective relationship management - accountability
Open, honest, ongoing communication
Trusted advisor – challenge the norm
Maximise all sourcing opportunities – full market
coverage across all of UK
Networking & referrals
Targeted job boards & databases
Social media – LinkedIn
Featured client on the ReThink Recruitment website
Monitoring Service Delivery No track record with 3663
All Service delivery reviews are based on core recruitment
metrics
Cost per hire
Time of hire
Quality of hire
Customer (client and candidate) satisfaction
For ReThink
Responsiveness of client
Openness
Commitment and trust
Attractiveness to candidates
There is a separate folder which includes examples of
different kinds of service reviews for other customers.
Proposed Terms of Business Our fees range from customer to customer dependant
on service applied
For PSL business this ranges due to volume from 15%
to 20% for permanent business – our largest customer is
15%
For contract PSL business our margins tend to be
between 16% and 22%. However, most of our customers
we work with, we are “open book” and we often work to a
budget.
There are far better ways to drive good value than
“attacking” agency margin – this often drives the wrong
behaviours!
Conclusion
The right sector experience – we understand how fast
paced your business is
Strong track record in 3663’s areas of recruitment
Experience & expertise
Tried, tested & trusted operating model
Values focussed business – it’s all about our people
Understand market dynamics
Create unique propositions for our customers
Deliver top talent
Fun to work with!
Any Questions?