Recruiting Strategy

Competitive Advantage Recruiting: Living in a Bubble, Part 2

If you are a fierce competitor who wants to practice competitive advantage recruiting, this second part of the article will continue to discuss action steps to take to identify and then counter your competitors’ recruiting actions. Part 1 in this series introduced the initial three steps for building a competitive advantage in recruiting, which included applying counterycyclical hiring, learning to …

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Competitive Advantage Recruiting: Living in a Bubble, Part 1

Business is all about head-to-head competition. Firms regularly compete for a limited supply of customers by designing products to outstage the competition, pricing products to undercut the competition, distributing products as close as possible to the customer, and branding them to drive loyalty over time. In each competitive arena, leading companies strive to develop a competitive advantage. In the marketing …

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How To Develop A Recruiting Strategy

Recruiting Managers, Do You Really Have a Recruiting Strategy? Part 1. What is a recruiting strategy? When I meet with directors or managers of corporate recruiting, I routinely ask them a simple question: “What is the name of your recruiting strategy?” Almost without fail, I get one of two basic responses, either, “We hire great people,” or a just blank …

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I Bet You Can’t Name Your Firm’s Recruiting Strategy; If Not, Pick One From This List

Basic recruiting strategies This group of strategies isn't particularly exciting or new. But these strategies do offer viable options for less-aggressive talent functions. Butts/bums in chairs: This strategy emphasizes hiring the cheapest and then releasing them when their pay-level makes them too expensive to keep or they themselves get frustrated and quit. Cost reduction is the only focus here. Hire …

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Being Strategic Requires Two Separate Recruiting Teams

Profile of the Two Teams Strategic recruiting team: It focuses on the very highest impact jobs, including mission critical jobs, senior execs, revenue producing jobs, jobs with a high consequence of an error, and "high value customer" impact jobs. These jobs require a firm to hire candidates who are in high demand and convincing these individuals to join the firm …

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18 Things Recruiters Can Do To Hire More Innovative People

As a talent management or recruiting professional, take the following steps to increase your success rate in hiring innovative individuals: Make hiring innovators a primary goal. Before you even begin the planning process, you must set as one of your primary goals and metrics in recruiting the increased hiring of more innovative individuals. Try to get a senior manager to …

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A Profile of the World’s Most Aggressive Recruiter, Part 2

Questions and answers with Michael Lackaye (and some outrageous quotes!) I asked Michael to highlight some of the approaches he used at Quicken Loans and at other previous employers. What follows are his responses. I think you will agree that they are aggressive?and on the edge. What is your most/ least effective source? Most: Employee referrals. Least: Job fairs. What was your …

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A Profile of the World’s Most Aggressive Recruiter, Part 1

Fast Company magazine once called me the Michael Jordan of recruiting, but I often call myself “the most aggressive recruiter on the planet.” Through my role as an advisor and speaker I meet thousands of recruiters, a few of which have made me feel like an amateur in the aggressiveness department. One such recruiter is Michael Lackaye, formerly of Quicken Loans. …

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Recruiting Questions From Hell: I Bet You Can’t Answer These!

What CEOs Want To Know About Recruiting When economic conditions get a little tough, it's not uncommon for CEOs and CFOs to dramatically cut the recruiting budget. But instead of just wondering why they always seem to pick on recruiting, you might instead take a step back and try looking at recruiting from their high-level strategic perspective. This article is …

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Recruiting Managers, Do You Really Have a Recruiting Strategy?

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 Part 1. What is a recruiting strategy? When I meet with directors or managers of corporate recruiting, I routinely ask them a simple question: “What is the name of your recruiting strategy?” Almost without fail, I get one of two basic responses, either, “We hire great …

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