Budget season 2021 is front and center and a lot of HR leaders have already hunkered down to deal with this same old reality. Businesses are optimistic about the future, after a challenging 2020, but caution and practicality in budgeting is inevitable as businesses begin to recover and adapt to their changed environments. Historically, HR spending requests have invariably ended up looking like sunk costs rather than sound business investments – it’s time to change that up.
Now that the #BLM marketing rage has died down, it's high time we applied proactive audit discipline and strategy design to diversity and inclusion efforts.
The rapid growth of talent acquisition technologies, and all the problems they portend to solve, makes investment in them tempting - particularly during these unpredictable COVID times. But TA tech is not going to solve most hiring problems.
Regardless of how COVID-19 has affected your organization, now is the time to streamline and improve the speed and quality of hiring. There is very little tolerance from senior leaders for time- and labor-intensive hiring efforts with questionable results. Now is the time to objectively assess talent acquisition efforts and determine the best (and fastest) path forward to win top talent quickly and cost effectively.