Identifying risks and challenges

Recruitment is a high-stakes game: hire the wrong person and you do untold damage to your team's performance, act unfairly during the process and you will be breaking laws, lose a candidate at the last stage and you may be introducing costly delays as well as writing off the time and energy that has been invested in the hiring process.

We know the general risks of recruitment, whether the process be conducted through job boards or through more modern means. There are also general risks inherent in using social networks as a means of communication and engaging with people outside your company: reputational risks, legal and legislative risks, confidentiality and privacy risks, all of which apply to the recruitment process. Then, there are the unique risks that depend on the type of business: for example, a finance business operating under their country's prudential oversight would face different risks to a health research organization with competitive and ethical...