NAME THE RECRUITING RESULTS WITH THE HIGHEST IMPACT ON BUSINESS PERFORMANCE BY DR. JOHN SULLIVAN (AT ERE MEDIA)
This article covers the tremendous value that comes from adding “risk management” to recruiting. Now you are probably thinking, “I’m in recruiting, why on earth would I read an article about risk management?”
Well, first off because risk management would reveal which of the many recruiting outputs or results, when they are below standard, have the highest negative impact on corporate business results (the complete list can be found below). Also, when you quantify risk impacts, you automatically know the areas within recruiting that should be prioritized. Knowing the total impact of recruiting in dollars allows you to build a stronger business case and to negotiate for more resources. I estimate that adding risk management makes it possible to increase recruiting’s overall recruiting budget by as much as 20 percent.
Recruiting Has a History of Not Being Businesslike, and Business People Calculate Risks
In my corporate work, I have found that one of the primary reasons why recruiting is underfunded and underappreciated is because…
Read the rest of this thought-provoking article here