Over the last several weeks, I’ve heard from a number of people who are less than six months into working at a new company and think they may have made the wrong decision. Surprisingly, the majority of these were Talent/Recruiting leaders. This seems counterintuitive—you would think we would be better at evaluating new opportunities as subject matter experts in all things hiring! Let’s talk about why this happens, and what you can do about it.
With hiring slowing across tech, many recruiting leaders are working through the “recruiting tech debt” companies have accrued over the previous period of high growth. Particularly, we are seeing a number of our client companies focus on quality of hire. With companies needing to do more with fewer resources, companies and recruiting teams want to ensure that they are hiring the right people for each role.
Over the last few weeks, we’ve met with some talent leaders that have had to significantly downsize their teams and are now faced with a lot of unpredictability and variability in hiring needs since they’re completely dependent on backfilling attrition. While other talent leaders we’ve talked to are at companies with healthy balance sheets that can retain more resources on their teams, but in the meantime are redesigning roles and reevaluating performance metrics given fewer roles needing to be filled in the short-term. Here are some takeaways from those conversations:
Through our executive people searches, we are are seeing one critical characteristic for talent leaders: a leader who is seen as a trusted advisor to the leadership team.
At GBD, we are particularly encouraged to see the demand for leadership searches pick up. We are grateful to be working with a number of innovative companies who are growing their teams and seeking dynamic People, Talent, and Product Leaders. From these searches, we’ve noticed a few trends
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