Clockwork Recruiting Blog

Artificial Intelligence (AI), Generative AI (ChatGPT) and Automation over the past year have evolved at a rapid pace. To gain a deeper understanding and the future evolution of AI’s role in the executive search process, Clockwork surveyed 179 executive search firms across the globe over a 6 week period at the end of 2023. The purpose of the survey was to identify key areas of opportunity for AI to support the search process, and gather insights around market demand for future growth for AI. This is an excerpt below on A.I.'s impact on the outreach phase of the executive search process.

Artificial Intelligence (AI), Generative AI (ChatGPT) and Automation over the past year have evolved at a rapid pace. To gain a deeper understanding and the future evolution of AI’s role in the executive search process, Clockwork surveyed 179 executive search firms across the globe over a 6 week period at the end of 2023. The purpose of the survey was to identify key areas of opportunity for AI to support the search process, and gather insights around market demand for future growth for AI. This is an excerpt below on A.I.'s impact on pitching and winning new searches within the executive search process.

Artificial Intelligence (AI), Generative AI (ChatGPT) and Automation over the past year have evolved at a rapid pace. To gain a deeper understanding of AI's roles in recruiting automation tools, Clockwork surveyed 179 executive search firms across the globe at the end of 2023. The purpose of the survey was to identify key areas of opportunity for AI to support the search process, and gather insights around market demand for future growth for AI.

You can download the full report here. 

And here's a snapshot on the perception of how AI can play a role in recruiting automation tools related to candidate research. 

In today's uncertain economy, the truth is that search firms need to diversify their revenue streams and get more creative and flexible with the services they offer to meet market demands. In some sectors like tech, life sciences, and retail, searches and referrals have slowed down or been placed on hold, while other sectors are booming and thriving. So when your sector or industry is impacted by the economy or other factors - what can you offer as a search firm to maintain a steady revenue stream?

Adopting new technology is an exciting opportunity for any firm. But, when it comes to evaluating executive search software, there are many things to consider before you even get to a final decision.

Once you’ve short-listed the best options for your firm, it’s time to think about how you're going to migrate data into your firm's new recruiting CRM.