VP & Senior Director | Global Talent Acquisition & Talent Transformation Specialist | RL100 Member
Why are TA still struggling to secure budget. To increase revenue, Sales & Marketing get an uptick, and 6-12 months to perform. But to improve your talent pipeline, you need to do that with 5-10% less, year on year. Is this shortsighted and counterintuitive, and have we been trained in HR to present a reductive value proposition? I’m ready to show the real value TA brings to the table, and do not endorse a race to the bottom. #TalentAcquisition #Recruitment #ValueProposition #Change
One of the challenges for TA are the legacy measures of success - 'Reduce Cost' and 'Reduce Time' .. once you have hit success with those there is a danger that the next cost saving is the TA function itself. While those KPIs have a place, we should be thinking about the quality and impact those hires have on the company achieving objectives and maximising revenue.
You know what you get with less?... less.
Cutting resources year after year is definitely counterproductive. It’s time to shift the narrative and showcase the real impact TA has on business growth, rather than settling for a reductive approach.
There’s always money available to create value. No “more for less” in 2021 was there? Stop hitting your budgets. Deliberately overspend. Compliance to a crazy norm is just as crazy as the norm itself. But only do so to acquire exceptional talent. And if questioned, I’d say two things. Ferraris don’t cost £5,000. And think how awesome our garage would be if it were full of Ferrari’s?
Helping frustrated, fire-fighting, ball-juggling HR Directors revolutionise their talent management agenda quickly and easily through intensive 1:1 mentoring | Talent Management | HR Strategy | HR | Talent | Mentoring
5moDon't get me started. i was recording a podcast last week and was talking about a redundancy I experienced. VC had taken over and wanted to remove Head Office cost. Funny how it was Training and Recruitment that got cut but not Finance . . . go figure!