It is an interesting time here at Wall Street Services – most of our current clients are bulge bracket investment banks who worry about getting the best quality and employ significant technology to manage and get the most out of their vendors. Exhaustive Supply Chain Management Systems blast temporary staffing requisitions out to their vendors and automatically resend to 2nd tier vendors after 48 hours if the first fails to yield a satisfactory response. Intricate quarterly performance reports are delivered to vendors in somber meetings where resume submission ratios are detailed.
Yet despite these expensive tools, our clients struggle to get the best people. With all the technology, they seem to forget the one thing that yields the most results: relationships.