Why You Must Kick the Sourcing Habit
By Lou Adler Apr 29, 2011, 5:22 am ET
As many of you know – I announced it at the ERE Expo in San Diego – I’ve decided to bring recruiting back to recruiting. This is my new old mission. Somehow this has been lost in the past few years when overall candidate supply exceeded demand. Hiring top talent is not the same as finding top talent. While sourcing is a step in this journey, it is only a step, and one getting easier each passing day.
Consider this: at the current rate, by March 11, 2012, everyone will be connected by one degree of separation with everyone else either via LinkedIn or Facebook. (FYI: I define sourcing as the process of name generation only. If you pick up the phone and call a person who did not apply, and convince him or her to consider your position, you’re recruiting. If the person applied for a job and all you’re doing is qualifying the person, that’s screening, not recruiting.)
While sourcing is getting easier, recruiting these now-more-visible folks is getting harder. This will become even more challenging as the demand for top talent accelerates, and everyone makes a wholesale shift to contact the same passive candidates you’re contacting. In this case, good recruiting skills will make all the difference as to who attracts and hires the person.
Here are some interesting stats by way of a LinkedIn survey we conducted in late 2010, to validate this point. First, only 8% of the fully employed professional pool of candidates were actively looking and open to considering a lateral transfer. Another 10% were causally looking, but only interested in a better job than the one currently held. Everyone else needed a significant bump in compensation or a significant career move to even consider engaging in a conversation. Without a big employer brand, recruiters need to make the case that the jobs they’re representing offer something better.
This is the first step in real recruiting.
As part of this “bring recruiting back to recruiting” mission, I put together this quick list of things modern-day recruiters need to be able to do to recruit top passive candidates. While they’re all important, which ones would you select as your top three?
Know the job
Know the industry and competition
Partner with the hiring manager
Market the job via voice and email
Network, network, network
Accurately screen and assess talent
Recruit and influence top prospects
Negotiate and close the offer
Don’t take no for an answer
Sell a career move, not a lateral transfer
Your top three might be different, but here’s mine.
Although the ability to partner with the hiring manager is essential, it’s second on my list, since in order to be a partner you need to know the job. That’s why knowing the job is first on my list. Third on my list is not taking “no” for an answer. To some degree these three in combination with all of the rest all represent a chicken-and-egg-type problem. (You can download a flyer with a more complete version of this Recruiter Circle of Excellence you see in the graphic, including a ranking scale, on the Recruiter’s Wall.)
Without knowing the job, there is no way either a hiring manager or a top candidate will respect your judgment or be swayed by whatever eloquence you manage to muster. Without knowing the job, persistence won’t help much, either. It will be like pushing on a rope. While there’s more to it than this, this is the reason I consider real job knowledge as No. 1.
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Why you must kick the sourcing habit