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Talent: what CEOs say
and what they do

Treating recruitment as a strategic
business unit




 INSIGHT by Guy Rickett




                              hiringsolutions.com
INSIGHT
                                                                Talent: What CEOs say and what they do




                           “People are our most important asset.”

                           “Our growth is dependent on the quality of our team.”

                           “The quality of our workforce is one of the top 5 drivers for business performance.”

                           We read such statements from CEOs on corporate websites, annual reports and
                           newsletters, but how many believe it enough to have taken the actions required to ensure
                           their company can attract these high quality people?




                           Do CEOs truly believe what they say?

How many CEOs have         These statements are undisputable, but the reason I question how many believe it to be
                           so is based on years of analysing how companies go about acquiring one of their most
taken the actions          important business assets.

required to ensure their   To help a CEO understand if he or she is a believer, there are some simple questions one can
                           ask:
company can attract
                           1. Can you name at least two of your key recruiters?
high quality talent?       2. Have they been made aware of the business strategy and plans for the coming period?
                           3. Over the last two years, how much has the business invested in this department?
                           4. Are your key business managers satisfied with the time it takes to hire and the quality of
                           new recruits?

                           If you’ve answered no to most of these questions, you might still consider employees to be
                           important to your business, but you may not have connected the dots between hiring
                           talented people and having a productive recruitment department at the heart of your
                           strategy.




                                                                                                                    01
INSIGHT
                                                                  Talent: What CEOs say and what they do




                             How do you make recruitment successful? 
                             In my experience, most recruitment departments are underfunded in terms of people
                             and the tools needed to effectively do the job. The only way they can deliver is to rely on
In many organisations,       recruitment agencies, which is an expensive and mostly unnecessary option in this day and
                             age.
recruiter salaries are too
                             1. Start by hiring great recruiters
low to attract high          Although underfunding in terms of the number of people is an issue, the biggest problem
quality team members,        are the salaries. To hire good people, you need good recruiters. In many organisations
                             recruiter salaries are too low to attract high quality team members, and many are staffed
and many are staffed by      by administrators rather than professional, skilled recruiters.

administrators.              What are great recruiters like? Their strengths are similar to that of sales peoples: they are
                             excellent communicators, persistent, effective networkers, they are good at selling the
                             company and the vacancy at every step of the talent acquisition process and strong
                             negotiators. They also have solid industry knowledge and know where to source the right
                             candidates.

                             A recruiter is the first person a candidate interacts with in a company, and good quality
                             applicants have a choice, so this touch point must be a positive experience, building desire
                             and motivation to work for the organisation.

                             Of course, money is not sufficient in getting good recruiters.Good quality recruitment
                             professionals want to work for a company where management recognize the value they can
                             deliver to the business. Ask for directions to the recruitment department in many companies
                             and the answer is: “find HR, go to the back of the office, turn left and it’s the last door on
                             the right”. When you enter, it is like going back to the dark ages – paper everwhere, little
                             or no technology. This brings us to the next important point: getting rid of the paper
                             environment.




02
INSIGHT
                                                            Talent: What CEOs say and what they do




                        2. Invest in the right tools

                        Why the mass of paper? Simple: the general rule is that to find one high quality candidate
                        you need to attract at least 100 applicants. Hiring managers want to interview at least 5
If your accounting      people for each job, which means recruiters need to read and process 500 applications per
                        role. If they are hiring 200 people a year, that’s 100,000 individuals to process, and in most
was all manual how      organisations this is manual!
many good               Not only is that time-consuming, but it’s also ineffective and would probably drive away any
                        forward-thinking recruiter, unless he was told he could automate everything. Ask yourself
accountants would       this: if your accounting was all done manually, how many good accountants would want to
want to work for you?   work for you?

                        Recently, I was speaking with the Head of IT of a well known organisation who told me that
                        recruitment is a low priority and they will not be looking at systems for at least another 2-3
                        years. Yet the same organisation is growing fast, is heavily advertising for staff and hiring
                        through agencies because the CEO has publically stated that increasing customer service
                        resources are a high priority to build their reputation, customer loyalty and brand.
                        Somewhere there is a disconnect.

                        New Internet-based technology now means that the entire recruitment process can be
                        automated in only 6-8 weeks with minimal involvement and disruption to IT. Moreover,
                        recruitment technology will reduce your overall costs, typically delivering 100% ROI in less
                        than six months.




                                                                                                                 03
INSIGHT
                                                                 Talent: What CEOs say and what they do




                            Change the way you look at recruitment
                            If you really think that recruiting the right people at the right time is important and strategic
                            for your organisation’s success, then you should act accordingly.
“The definition of
                            Sales and marketing are strategic for most companies because they generate leads and
insanity is to keep         sales, so naturally, they are given the right tools to work effectively. Recruiters are
doing the same things       responsible for sourcing your greatest asset: people. So why should you let them spend time
                            looking through paper CVs when they could be doing more added-value work?
and expecting a different
                            Recruitment is a profession and a good recruitment team can deliver real long term value to
result.”                    the business. If you recognize this and truly want it to contribute in achieving your
                            company’s goals, a few fundamental things may need to change.

                            If your company has been hiring the same way for many years and you are not satisfied
                            with the results, then consider Steven Covey’s good advice:

                            “The definition of insanity is to keep doing the same things and expecting a different
                            result.”




04
About Hiring Solutions Company

Hiring Solutions Company has developed Sniperhire, an online recruitment management
system, to help clients automate every step of their recruitment function, from publishing
vacancies on all their sourcing channels to on-boarding new employees. HSC consultants
are recruiting, technology and marketing professionals who help clients re-engineer their
recruitment function while providing expertise at every stage of the hiring process.

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E what ce-ossaywhattheydo

  • 1. Talent: what CEOs say and what they do Treating recruitment as a strategic business unit INSIGHT by Guy Rickett hiringsolutions.com
  • 2. INSIGHT Talent: What CEOs say and what they do “People are our most important asset.” “Our growth is dependent on the quality of our team.” “The quality of our workforce is one of the top 5 drivers for business performance.” We read such statements from CEOs on corporate websites, annual reports and newsletters, but how many believe it enough to have taken the actions required to ensure their company can attract these high quality people? Do CEOs truly believe what they say? How many CEOs have These statements are undisputable, but the reason I question how many believe it to be so is based on years of analysing how companies go about acquiring one of their most taken the actions important business assets. required to ensure their To help a CEO understand if he or she is a believer, there are some simple questions one can ask: company can attract 1. Can you name at least two of your key recruiters? high quality talent? 2. Have they been made aware of the business strategy and plans for the coming period? 3. Over the last two years, how much has the business invested in this department? 4. Are your key business managers satisfied with the time it takes to hire and the quality of new recruits? If you’ve answered no to most of these questions, you might still consider employees to be important to your business, but you may not have connected the dots between hiring talented people and having a productive recruitment department at the heart of your strategy. 01
  • 3. INSIGHT Talent: What CEOs say and what they do How do you make recruitment successful? In my experience, most recruitment departments are underfunded in terms of people and the tools needed to effectively do the job. The only way they can deliver is to rely on In many organisations, recruitment agencies, which is an expensive and mostly unnecessary option in this day and age. recruiter salaries are too 1. Start by hiring great recruiters low to attract high Although underfunding in terms of the number of people is an issue, the biggest problem quality team members, are the salaries. To hire good people, you need good recruiters. In many organisations recruiter salaries are too low to attract high quality team members, and many are staffed and many are staffed by by administrators rather than professional, skilled recruiters. administrators. What are great recruiters like? Their strengths are similar to that of sales peoples: they are excellent communicators, persistent, effective networkers, they are good at selling the company and the vacancy at every step of the talent acquisition process and strong negotiators. They also have solid industry knowledge and know where to source the right candidates. A recruiter is the first person a candidate interacts with in a company, and good quality applicants have a choice, so this touch point must be a positive experience, building desire and motivation to work for the organisation. Of course, money is not sufficient in getting good recruiters.Good quality recruitment professionals want to work for a company where management recognize the value they can deliver to the business. Ask for directions to the recruitment department in many companies and the answer is: “find HR, go to the back of the office, turn left and it’s the last door on the right”. When you enter, it is like going back to the dark ages – paper everwhere, little or no technology. This brings us to the next important point: getting rid of the paper environment. 02
  • 4. INSIGHT Talent: What CEOs say and what they do 2. Invest in the right tools Why the mass of paper? Simple: the general rule is that to find one high quality candidate you need to attract at least 100 applicants. Hiring managers want to interview at least 5 If your accounting people for each job, which means recruiters need to read and process 500 applications per role. If they are hiring 200 people a year, that’s 100,000 individuals to process, and in most was all manual how organisations this is manual! many good Not only is that time-consuming, but it’s also ineffective and would probably drive away any forward-thinking recruiter, unless he was told he could automate everything. Ask yourself accountants would this: if your accounting was all done manually, how many good accountants would want to want to work for you? work for you? Recently, I was speaking with the Head of IT of a well known organisation who told me that recruitment is a low priority and they will not be looking at systems for at least another 2-3 years. Yet the same organisation is growing fast, is heavily advertising for staff and hiring through agencies because the CEO has publically stated that increasing customer service resources are a high priority to build their reputation, customer loyalty and brand. Somewhere there is a disconnect. New Internet-based technology now means that the entire recruitment process can be automated in only 6-8 weeks with minimal involvement and disruption to IT. Moreover, recruitment technology will reduce your overall costs, typically delivering 100% ROI in less than six months. 03
  • 5. INSIGHT Talent: What CEOs say and what they do Change the way you look at recruitment If you really think that recruiting the right people at the right time is important and strategic for your organisation’s success, then you should act accordingly. “The definition of Sales and marketing are strategic for most companies because they generate leads and insanity is to keep sales, so naturally, they are given the right tools to work effectively. Recruiters are doing the same things responsible for sourcing your greatest asset: people. So why should you let them spend time looking through paper CVs when they could be doing more added-value work? and expecting a different Recruitment is a profession and a good recruitment team can deliver real long term value to result.” the business. If you recognize this and truly want it to contribute in achieving your company’s goals, a few fundamental things may need to change. If your company has been hiring the same way for many years and you are not satisfied with the results, then consider Steven Covey’s good advice: “The definition of insanity is to keep doing the same things and expecting a different result.” 04
  • 6. About Hiring Solutions Company Hiring Solutions Company has developed Sniperhire, an online recruitment management system, to help clients automate every step of their recruitment function, from publishing vacancies on all their sourcing channels to on-boarding new employees. HSC consultants are recruiting, technology and marketing professionals who help clients re-engineer their recruitment function while providing expertise at every stage of the hiring process.