In the eleventh episode of the The UnleashPeople Podcast we talk to Kathrin Holzfurtner, an experienced TA Leader on a global level.
In the approx. 30 minutes we discuss the evolution of recruiting metrics and the importance of data-driven decision-making in talent acquisition. We explore how traditional metrics like Time to Hire and Cost per Hire are becoming outdated and emphasize the need for metrics that align with business impact and long-term value creation. The conversation delves into the definition of Quality of Hire, its measurement, and its connection to business success. The episode concludes with a focus on the necessity of data-driven hiring methods and the importance of understanding the business model to create effective talent strategies.
Key takeaways:
- The recruiting landscape is overdue for disruption
- Traditional metrics like Time to Hire are becoming outdated
- Metrics should focus on long-term value creation
- Quality of Hire is essential for business impact
- Understanding the business model is crucial for effective recruiting
- Data-driven decision-making is necessary for talent acquisition
- Metrics should be tied to commercial success
- Effective recruiting requires a holistic view of talent metrics
- Hiring plans need to be specific and actionable
- Building business acumen differentiates good from great
In case you want to just listen to the episode, here are the links: