Disrupted: Chapter 19 – “Corporate Priorities – Insights from Talent Acquisition”
Talent acquisition is often a team whose responsibilities are a little vague to most employees. Once you join a company, you may not pay much attention to what they’re doing. After all, they’re in charge of hiring people and you’ve already been hired. But there’s a little more to their function. Talent acquisition supports a company’s strategy by ensuring they have the right people in the right roles at the right time. And this means that the fast-paced shifts within a company put an acquisition or recruitment team under pressure to find the talent they need.
Here’s how they define their focus:
- Acquiring high-quality candidates who offer skills needed for current roles
- Building a diverse talent pool to meet current and future business needs
- Assessing current in-house skills to determine future skills and roles needed
- Identifying talented employees within the company to groom for promotion
So, talent acquisition has a view of both external and internal talent. And they have the most comprehensive view of the two groups to compare.
When we shared talent-development insights in Chapter 3, you heard urgency in how the development leaders think about developing internal talent. And that urgency only increases for talent-acquisition teams. The talent-acquisition survey participants define top challenges as competition for top talent and a shortage of qualified talent. Both perspectives illustrate the rapid pace of change and the choices companies are making in order to deliver on it.
As we mentioned with talent development, it takes time to teach employees new skills and, in a competitive marketplace with product rushes and aggressive deadlines, it’s not always a viable solution to retrain an entire function of a business or invest in an internal candidate.
That’s why the top reason for selecting external candidates rather than internal ones is the need for a new skill or expertise (65%). And it just makes you wonder, was the skill truly missing within the company or was the skill just not promoted as part of an internal brand? Sometimes, there’s no question that a new skill or expertise is being added. But there are many times that skills were just not recognized. And here’s how we know.
When we asked talent acquisition what most people can’t do well in an interview, they say it’s the ability to illustrate accomplishments.
“Some of the best candidates we interview in terms of relative experience, education, and skill set are not always the best at being able to tell their story. And this can be a real impediment when you’re trying to convince me to hire you! The one skill that I recommend candidates develop to help them land a job or launch a career is to become an exceptional storyteller. Specifically, a teller of your own story.”
We couldn’t ask for a better proof point for the importance of a career story! Your accomplishments and experiences are like a doorjamb for a job position. They are what will get you the first-round interview, but no matter how much of a rock star your resume says you are, the way you communicate your accomplishments and tell your story is what gets you to the next round.
And if you agree with the trends and insights that we’re sharing, then disruption will continue whether you put it into play or your company does. You’re going to be a candidate multiple times. You’ll go through more interviews – and meet more talent-acquisition people – than you ever thought you would.
And that’s why we hope our latest book, Disrupted!, will help you understand the current career landscape and prepare to shift your disruption to a reset opportunity. Your first step is to order a copy and see how we solve for the talent insights we’ve shared over the last two weeks. Or better yet, join in the conversation by signing up for April’s book club and LinkedIn conversation about the resets ahead and how to succeed in all of them.