Wandering around on Facebook yesterday, I encountered a comment from Chris Brogan that stated the following:
Chris Brogan It’s weird having too many ideas. You end up having to throw them somewhere like storage, and they grow dusty. Give them all away. You’ll make more.
So, this got me thinking about the previous post on Virtual Talent Reality. One of the challenges that I brought up was that with a decreased level of recruiters and an increased demand for talent… the prospect of recruiting through third party agencies is going to get expense – very expensive!
While Chris’ comment had nothing to do with recruiting, it has everything to do with collaboration. As the wheels on my mental bus went round and round, I started thinking about the competitive climate that we have created in recruiting. Why is that? I know that agencies like to make money and I know that companies like to attract and hire the best people… but why aren’t we helping each other more?
There are a ton of holes in the plan I’m about to present, but I think that it’s possible on some level. Yes, the kinks will need to be worked out… but, just go with it for a minute.
Let’s start with the challenge again:
Fewer Recruiters + Higher Recruiting Demand = Higher Fees = Expensive Strategy
Instead of living in our little secret recruiting worlds, what if corporate recruiting departments were to partner up. What if they were to join forces with other companies in order to filter through the talent. There are some candidate confidentiality concerns with this, but I’m sure it can be dealt with if the companies approach this with a high level of transparency.
Think about this:
- ATS Systems allow companies to connect their talent databases.
- Companies want to hire skilled candidates that want to work for them… if the recruiting partners both want a candidate, it can still be left to a candidate to make the right decision for them. Did I mention “transparency”?
- Companies, working collectively, could negotiate better rates for everything from job boards to job fairs to ATS Systems.
Some challenges that could come up:
- Ensuring that candidates realize they are applying to a central database.
- Creating a channel where the candidate can confidentially apply to one company (needs to exist).
- Figuring out the distribution of financial obligations based on volume of recruiting.
Collaborative Vs. Competitive Recruiting
I can understand how some companies would look at this and say… that’s crazy! I get it – it’s a bit out there. But, consider the amount of money that could be saved, the increased access to desirable candidates and the ability to collectively create better recruiting processes.
We don’t need to fight over talent… we
need to figure out how we can best serve talent. Ensuring that candidates are choosing the right position will have an immediate impact on your employment branding and retention.
Just an idea…
What do you think we can do with this? How can we collaborate instead of compete in the recruiting space?
Photo Credit, Rennett Stowe