Is speculation in job applications a thing of the past?

I’ve heard from several recruiters that speculative CVs are no longer effective, but I’m not so sure I agree.

While sending out mass speculative CVs can feel like a fruitless endeavor, I believe there are valid scenarios where it makes sense:

  1. You know there’s an opening.
  2. You have a candidate who would be a fantastic fit.
  3. You can convey this succinctly in a brief message.

In such cases, the only potential drawback is the fee involved.

Often, this downside may seem significant, but if a hiring manager has had difficulty filling a role, they might be open to considering alternative candidates. Many of my clients have shared that they would consider a speculative CV if it closely matched their needs.

What are your thoughts? Are speculative CVs truly a thing of the past?