High Velocity Hiring: How to Hire Top Talent in an Instant

Step #5—Maintain a Talent Inventory

Create a Pool of People Ready to Hire

Imagine a warehouse stocked with talented people. When you need an administrative assistant, a controller, or a COO, you pick one from the right shelf. They immediately get to work, keeping business moving along.

A people-as-products approach bears a conceptual resemblance to the methods used by retail establishments. Stores plan for demand, stockpile products, manage sales, and refresh their inventories to keep them from becoming depleted.

Stockpiling the talent your company will need is easier than running a store. There are no buildings to erect or expensive inventories ...