The Future of Hiring and Recruiting, Circa 2020-2025
by Lou Adler
"Maximizing personal growth and job satisfaction in the short-term will maximize compensation in the long-term."
In
1998 I took a snapshot of the hiring process used at most companies.
(It was a special camera.) The picture that emerged looked similar to
the image shown. With this past in mind, I’ve decided to take a picture
of the hiring landscape 10 years into the future. I’m pretty sure I’ll
be retired by then, so I’ll use this post to reminisce about the future
that could be.
- Talent becomes a business strategy, not just a mission statement.
Company leaders will finally realize that if hiring great people is the
most important thing hiring managers need to do, they’ll actually be
measured on how well they do it.
- The elimination of skills-infested job descriptions. Skills,
academics and experiences don’t predict on-the-job performance. By
proving that candidates are competent and motivated to do the actual
work required under the actual circumstance, you’ll discover they have
the exact level of skills, experiences and academics required. This
shift will also open the pool of prospects to diverse candidates of all
types regardless of age, race, gender or physical challenges. (Here's a legal brief you can download describing this process as not only superior, but more legally defensible.)
- Performance-based matching becomes fully effective.
Rather than matching people on key words, the ability to use artificial
intelligence to match a person based on their past performance becomes
available. This allows anyone who has a track record of comparable
accomplishments to be considered. This will instantly open the door to
more top candidates in different industries, including and especially,
returning military veterans. Comparability will be based on job
complexity, types of decisions made, underlying business conditions and
job pressures, organizational structure and sophistication, and breadth
of team responsibility.
- Companies finally realize that the best people are not interested in lateral transfers. It’s
pretty obvious that if a company wants to hire a great person, they
need to offer a great career opportunity. The posting of traditional job
descriptions will be banned as archaic, and recruitment advertising
will be story-based, emphasizing what the person can do, learn and
become, not the skills they must have. Here’s a sample of this type of futuristic ad.
- Auto-engage high probability prospects with career opportunities. People give lots of clues whenever they’re thinking of switching jobs. For example, they buy this book on job-hunting secrets or watch this video,
they update their LinkedIn profile, they expand their professional
network, they attend more industry events, they Google for jobs to see
what’s available, and they check out salary.com. Since their LinkedIn
profile is public, it’s pretty easy to push jobs directly to these
people when these job-hunting activities reach a certain level. They’ll
actually respond if these jobs represent career moves, not lateral
transfers.
- Assessment accuracy emerges from the dark ages.
Competency models and behavioral interviewing will be tossed out as far
better tools emerge. These outdated tools are as bad as relying on the
continued use of skills-infested job descriptions to attract people. I’m
going with Performance-based Interviewing, objective evidence-based assessments using talent scorecards, Career Zone analysis, and AI-based fit assessments.
- People will become an investment to be nurtured, not a cost to be controlled.
Robust public and private knowledge databases will be available (think
LinkedIn on steroids), that fully describe a person’s performance and
potential. As new jobs open up, companies will be able to instantly
target their current and former employees who are best suited for these
roles. This will enable a company to finally leverage it’s human
capital.
- Hiring becomes a legitimate business process. If
the demand for top talent is greater than the supply, you can’t use a
process designed to weed out the weak, you need one designed to attract
the best. Real time feedback metrics will ensure the process is in
control and functioning properly. This shift is now underway at
companies in highly competitive talent markets, like Silicon Valley.
Some are using Performance-based Hiring as the foundation.
- The emergence of the hiring manager self-service model driven by the ERP and VTC.
With all of the above taking place, it will become increasingly easier
for a hiring manager to tap into his or her company Employee Referral
Program (ERP) and instantly obtain a list of pre-qualified, warm
referrals. Candidate pipelines will become a thing of the past as
Virtual Talent Communities (VTC) became the primary means to connect
people with opportunities. VTCs are the sum total of a company's
employee's first degree connections.
- Candidates make rigorous and balanced career decisions. The Career Zone model
presented in an earlier post offers job-seekers a sophisticated means
to evaluate any career opportunity by considering all of the long- and
short-term factors in balance. It starts by figuring out where the
person is positioned on the career curve and selecting new opportunities
that maximize job stretch and job growth, not compensation. Maximizing
personal growth and job satisfaction in the short-term will maximize
compensation in the long-term.
Image, the impact of improved workforce mobility as described.
There'd be better jobs for everyone, more satisfied people, a more
productive economy and a big drop in unemployment as jobs are filled
more quickly and more accurately. But hold on. About 10 years ago, I put
together another list of hiring predications for circa 2010-2015.
Funny, they looked a lot like the above. I guess I’m not very good at
predicting.
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