While many organisations around the world are downsizing or have stopped hiring, this is a great opportunity to review and refine recruitment processes. As Gallup points out, the world as we know it has changed and this is all the more reason why the talent acquisition team must also look at "spring cleaning" to prepare for the organisation's future needs.

This could also mean instead of recruiting from outside, now is the time to look at internal placements. As organisations restructure their roles or have reduced headcount, it is also a good time to re-assess your current employees to see if they are able to take on added responsibilities or able to progress to new roles. How can you optimise your people capital that you currently have?