Coats is a truly global business with a heritage of innovation dating back to 1750. Coats is now the world’s leading industrial thread and consumer textile business employing 20,000 people in 70 countries and six continents. With revenues of $1.5 billion in 2017, Coats is a growing and profitable business with a strong focus on increasing market share and building stronger partnerships.
Executive and senior management recruitment throughout the Coats group was undertaken in a decentralised manner with no consistent approach to selection and no system or management reporting to support the function. Despite being a genuinely global business, the Coats name and brand had a low awareness among potential candidates. Recruitment spend with agencies was high and there was no candidate management or pooling of candidates.
ResourceBank proposed a bespoke solution that specifically addressed Coats’ recruitment needs. This solution included the establishment of a dedicated on-site recruitment team to conduct search and sourcing for executive positions on cost-effective financial terms. Additionally, ResourceBank developed a cloud-based Applicant Tracking System (ATS) to enable managers to log, track, and manage all recruitment activities efficiently.
To further enhance the candidate experience, ResourceBank designed and created an engaging executive careers website. This website featured a mobile-friendly search and application portal, providing a seamless application process for potential candidates.
The ResourceBank solution also empowered Coats managers globally by enabling them to register vacancies, advertise positions on the new Coats careers website, and manage candidate responses locally.
Implemented at the beginning of 2017, this comprehensive solution has been utilized by Coats managers in 12 different countries, streamlining their recruitment processes worldwide.
The executive recruitment service provided by ResourceBank offers numerous benefits to Coats. These include an improved quality of candidates, shorter time-to-hire, and reduced administration time. The solution also provides increased visibility of recruitment activity and facilitates the development of a candidate pool specifically for Coats’ senior management positions.
Additionally, the service ensures a better cultural fit for candidates, leading to enhanced alignment with Coats’ organizational values. Significant cost savings have also been achieved, particularly in reducing expenses related to agency fees and executive search services.
A key feature of the solution is the creation of a global careers website. This site, designed to attract and engage candidates, is fully responsive and includes mobile application functionality. Candidates can easily apply for positions, even using their LinkedIn profiles, streamlining the application process and enhancing their overall experience.
Let’s have a chat to find out how we can best streamline your recruitment process with intelligent automation.