Recruiting Strategy

It has been an amazing year in recruiting and talent management, despite severe economic hardships, budget cuts, and widespread hiring freezes. Unlike the economic turmoil following 9/11 and the dot-com bubble burst, many recruiting functions have continued to innovate and stretch the limits of what can be defined as “standard …

More often than not, it is the simplest things in life and in business that produce the biggest impacts. Having spent more than 30 years analyzing corporate recruiting practices and strategy, I have noticed there are some rather basic questions that, if only posed, would have a profound impact on …

Economic downturns, mergers, and acquisitions all place pressure on organizations to curb labor costs. No time in the last decade has that tenet been more apparent than right now. Layoffs, large or small, force organizations to cut loose the talent in which they have invested salary and training dollars. While …

Questions & Answers How do you make the business case to managers who believe now is not the time to be recruiting college grads/interns, etc.? What are the long-term consequences of stopping college recruiting? Any time you make a business case you need to address the concerns of your audience …

Hiring For Tendencies Is a Common Practice It is common to design recruiting and hiring processes to select individuals with certain mindsets or behavioral tendencies. Southwest Airlines, for example, has been written up in numerous books and articles for how they successfully attract and hire individuals who naturally behave and …

Target Top Performer and Innovator “Survivors” Who Hate Stagnation The obvious recruiting move would to be to target the thousands of financial professionals and MBAs who are about to lose their jobs. While that is OK, if you want to land a true “find,” my recommendation would be to instead …

A) Negative impacts on revenue and costs Obviously, not expanding your staff or keeping open positions vacant can save payroll dollars in the short term. However, such savings may actually present a false reality because freezes have many other unintended consequences that CFOs often fail to account for: Lost revenue. …

The Top 10 Advantages of Recruiting During Tough Times It’s quite common during periods of economic turmoil for CFOs to assume and declare that robust recruiting functions will not be necessary due to a surplus of talent becoming available as more and more firms engage in layoffs, consolidations, and the …

What Is A Talent Swapping Strategy? The concept of talent swapping is borrowed from the professional sports industry. In sports, winning is everything, and it is a common practice for team management to externally seek out a “superior” player in a key position to replace a struggling player. When the …

It takes little effort to convince active job seekers to apply for jobs; however, the same cannot be said for currently employed top performers. The difficulty in getting individuals actively engaged in their industry and performing at top levels to apply increases significantly during tight economic times because even the …