Next Practice Development Is More Common in Other Business Functions Next practice development isn't about making something more efficient; instead, it is about a fundamental transformation of the core business activity. For example, Apple has long been a participant in the computer industry, in which the core best practices are …
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Cost of Vacancy Formulas for Recruiting and Retention Managers
Calculating the cost of a vacancy (COV) is a critical activity, one that’s necessary to determine the actual business impact of talent shortages that result from a gap between the time talent is needed and the time required by the recruiting function to supply such talent. As a metric, it …
Read More »Preparing for the Upcoming Hiring Boom: A Checklist for Leaders in Recruiting
You might disagree with me about exactly when the next hiring boom is coming ó but there can be no doubt about the fact that it is most certainly coming. At some point soon, the economy will turn around and large scale hiring will begin again. The real question to …
Read More »The Future Of Recruiting, Part 6: Recruiters Will Change
This is the final installment in a six-part series on the future of recruiting. In the first five parts of this series, I looked at how the recruiting department, the Internet, corporate websites and recruiting metrics all will change in the future. In this last part, I will explore how …
Read More »The Future of Recruiting, Part 5: Metrics Dominate Decision Making in Recruiting
Most recruiting departments currently get by with a minimal use of metrics ó and the metrics that they do utilize are insignificant from the strategic standpoint. But as time passes, most VPs of HR will no longer tolerate such silly metrics as cost per hire, interviews per offer, and the …
Read More »The Future Of Recruiting, Part 4: Websites Shift to the CRM Model
In last week’s article, Part 3 of this series on the future of recruiting, I examined the strategies that firms will use in Internet recruiting in the future. Here in Part 4, I will focus more specifically on corporate and other websites and the new features that they will offer. It’s …
Read More »The Future Of Recruiting, Part 3: Internet Recruiting Approaches Will Change
No area of recruiting will be exempt from change as recruiting progresses over the next 10 years. But one of the areas that will undergo some of the most dramatic changes will be the area of Internet recruiting. In my experience, most current Internet recruiting approaches are really just traditional …
Read More »The Future Of Recruiting, Part 2: Internal Departmental Changes
HR, as a profession, changes at the speed of a rock. It’s no secret that HR practitioners tenaciously cling to the status quo. Recruiting, as a part of HR, does change a little faster it’s true, but most of that change in recent years has been as a result of …
Read More »The Future Of Recruiting, Part 1
In Re-imagine, Tom Peters’ new book, he applauds my insight into the future of HR. The article he used as a blueprint for some of his own projections of the future of business was entitled, “A Walk Through 21st-Century HR.” His comments on that article stirred me to outline here what my …
Read More »Recruiting Top Performers: It’s Your Job!
This past Friday (March 26, 2004), Lou Adler penned an article for his ER Daily column entitled, Why You Must Hire Top Employees, Not Top Candidates. The title of this article is something akin to an absolute truth in my book. In philosophical terms, an absolute truth is an idea or …
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