2Decoding Talent Acquisition
Due to the transparency created by the internet, both you, as the hiring manager or leader, and your Talent Acquisition function can make or break your company's ability to hire successfully. Both now and in the future.
On the positive side, the internet shifted the hiring dynamic from one where companies relied solely on advertising or agencies to one where they could find people online and invite them to apply. But it also irreversibly moved the power to employees and candidates. People can now choose where, when, and how they want to work. Finding other jobs online and reading employee and candidate reviews are easy. Simply put, people don't have to work for you!
If you are considering skipping these few chapters, humour me and read on because whether your company already has a Talent Acquisition function or not, it is worth (re)discovering its impact on the company. And why, in a world with over 5.3 billion internet users, creating a partnership with recruiters is the only way to reboot your hiring.1
Talent What?
Generally, managers and leaders understand what most of their business functions do. Departments that have existed for decades, like Finance, Sales, Marketing, Customer Service, IT, Production, Operations, etc., are familiar. Most also have some understanding of what Human Resources (HR) does; after all, the department has been around since the 1950s.
In contrast, Talent Acquisition is in its infancy, and where it sits and operates ...
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