Archive for November, 2010

Direct Resourcing Think Tank, your Calendar for December 2010 to February 2011

16/11/2010

Are you a discrete, senior and inhouse thought leader in Direct Resourcing? Do you want to network with your peers?

*Only Senior HR & Resourcing Heads of large enterprises public & private participate in the DRTT.

 *The hosts are the Senior HR & Resourcing Heads of large enterprises like Lloyds Banking Group, Experian, BP, Proctor & Gamble …..

*DRTT is about the strategy of resourcing, as you have teams who do while you direct.

*What price would you put on being able to meet your peers from the companies above and understand how they are tackling the big issues?  The DRTT membership is completely free of charge because the hosts pay for the coffee & croissants, so look at the Calendar of Think Tanks below and either call me on 07979 751 562 or email me at charles.fiddespayne@stepstonesolutions.com to let me know which you want to participate in … 

NOW Thursday 3 March P&G The Evolution of Social Media
  P&G Technical Centres LTD Hosted by Elizabeth Henry, HR Lead P&G
9am – 12.00pm Whitehall Lane  
  Egham This Direct Resourcing Think Tank will allow members to share the knowledge and best practice they have learnt during the phenomenal growth and evolution of Social Media. 
  Surrey  
  TW209NW As well as looking at its value and relationship to recruitment, this Think Tank will look at the current trends and future development of Social Media and discover how these movements can be harnessed as a positive and powerful resource.
     
  (London Waterloo to Egham 30 minutes. Shuttle bus from Egham station to P&G.)  
8th December DTZ Talent Management
  125 Old Broad Street Hosted by Charlotte Johns, International Head of Recruitment
9am – 12.00pm London  
  EC2N 2BQ This Direct Resourcing Think Tank will explore how businesses can be engaged and leveraged to gain competitive advantage through Talent Management practices.  We’re offering members the opportunity to discuss business readiness and what internal culture is needed for its success and on-going development.  This event aims to bring together members from established programmes as well as those in embryonic stages to share thoughts and ideas in a collaborative and friendly atmosphere.
19th January Coller Capital Securing Candidates in an Increasingly Competitive Market
  33 Cavendish Square Hosted by: Karina Barnes, Resourcing Manager, Coller Capital
9am – 12.00pm London As we move back into a more candidate driven market and the ‘war for talent’ becomes more competitive, the need to look at what companies can do to beat the competition becomes more important.  From initial attraction through to on-boarding, this Direct Resourcing Think Tank examines innovative ideas and experiences that make the average business stand out from the crowd.
  W1G 0TT  
20th January Channel 4 Talent Mapping
  124 Horseferry Road Hosted by Joanna Taylor, Head of Learning & 4Talent, Channel 4
  London Talent spotlighting, internal / external succession planning and leadership capability assessment are all key to a successful talent agenda. 
9am – 12.00pm SW1P 2TX  
    This Direct Resourcing Think Tank will explore ways to forecast, identify, map and engage with talent across a business allowing resourcing to evolve from reactive to a proactive function. 
     
2nd February Experian Attraction and Retention 
  George West House Hosted by Wendy King, Recruitment Manager
9am – 12.00pm 2-3 Clapham Common North Side Back by popular demand this Direct Resourcing Think Tank will focus on Talent Attraction and Retention with specific focus on Referral Schemes and Social Media.  
  London  
  SW4 0QL Tackling issues such as diversity and cultural barriers, this event promises to be an informative and valuable session for Talent professionals hoping to meet the increasing demand for high-quality candidates whilst managing costs.
9th February BP Assessment – getting the balance between technical and behavioural.
  Building F Hosted by Jon Tait, Group Resourcing Sourcing And Policy Manager, BP
9am – 12.00pm Chertsey Road What is the right balance between technical and behavioural selection? How do we link this to job performance? And if selection means improving the quality of incoming staff, what does this quality actually look like? With challenging and thought-provoking questions over assessment and selection techniques being tabled at this Direct Resourcing Think Tanks this session promises to be one of the most contentious and interesting topics on our agenda!
  Sunbury-on-Thames  
  Middlesex  
  TW16 7LN  
     
  (Feltham station 30 minutes from Waterloo. Shuttle bus from the station to BP.)  
16th February Reed Business Information Cost per hire – How do you measure it and is it even relevant?
  1 Proctor Street Hosted by David Hipkin, Recruitment and Resourcing Manager, Reed Business Information.
9am – 12.00pm London  
  WC1Z 6EU As the market has begun to recover, it has become increasingly more important to maintain control over your recruitment spending. 
     
    One of the most measurable ways to do this is to keep a close eye on cost per hire. This Direct Resourcing Think Tank session investigates how we currently measure this much sought after HR metric and looks at how to prevent risking overspend. How do we find out if this figure is fully loaded? Or if we don’t measure cost per hire, how do we keep track of which candidate sources are working for us? 
     
    This DRTT session looks to create an open forum of discussion around a subject being asked by more and more business leaders.
     
23rd  February Eversheds Employer Branding
  1 Wood Street Hosted by Nicky Bizzell, Head of Resourcing Eversheds
9am – 12.00pm London Following a number of extremely successful and over subscribed previous Direct Resourcing Think Tank, this topic on developing your employer branding is back due to high demand.  This event promises to offer insight into the key areas and challenges involved in developing your business’s Employer Branding strategy and approach. 
  EC2V 7WS  

Why you need a real recruitment metric

07/11/2010

Management Information, or MI, was one of the biggest issues highlighted in the October 2010 survey of members of the Direct Resourcing Think Tank.

Assessing the business impact of the Resourcing Department is key for the careers of heads of resourcing – and indeed their immediate bosses – so what MI would their CxOs and Senior Management want to see?

A Newman Group survey threw up the most-used MI

http://www.slideshare.net/beeshields/talent-acquisition-2008-survey-and-analysis-of-the-changing-recruiting-landscape-presentation

Top came open vacancies, then time to fill, volume of hires, cost per hire, internal placement, offer to accept, interview to offer, decline to offer, and lastly diversity.

The Newman Group clients have missed the point. DRTT members, being taxed to influence CxOs and Senior Management, all agree that a different metric – Quality of Hire – is the key criterion of judging their own performance and giving shareholder value.

However, QoH is a bit of a Holy Grail, because these same businesspeople say it involves measuring the performance of new hires, ensuring that all the skills & competencies that drive performance are present in new hires, that new hires are a good cultural fit, that retention ratios are good. Some have even linked Quality of Hire to succession planning, on the grounds that a quality hiring process will predict when business-critical roles will become vacant and will already have created a pipeline of replacements. All legitimate arguments, and all making QoH more fiendish to measure, less tangible even, though somehow more holistic. Never mind the width, feel the quality, they say.

This is not a counsel of despair, because what you measure you can improve, and if you continuously improve, you improve your  Quality of Hire, you make a bigger  impact on your business, and get the attention of your CxOs and Senior Management.

(A word of advice: if you tell your CEO that your Cost per Hire is just your advertising, recruitment agency, and recruiter salary costs, then you might get some of her unwanted attention!)