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    Sourcing Strategies

    Uploaded by

    Kj Naveen
    This document discusses sourcing strategies and effective recruitment. It defines sourcing as an organization's ability to effectively fill positions using recruitment approaches. A sourcing strategy is important to avoid costly mistakes in hiring and to recruit the best candidates as an organization grows globally. When developing a strategy, questions about required skills, position type (temporary or permanent), and education level need to be considered. Both internal and external recruitment methods should be used based on strategic needs and resources. The strategic sourcing approach aims to reduce candidate numbers interviewed while thoroughly understanding candidate skills and requirements to deliver the right candidate on time. Effective recruitment involves thorough documentation, analytical and communication skills, and reference checks.

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    Sourcing Strategies

    Uploaded by

    Kj Naveen
    57 views14 pages
    This document discusses sourcing strategies and effective recruitment. It defines sourcing as an organization's ability to effectively fill positions using recruitment approaches. A sourcing strategy is important to avoid costly mistakes in hiring and to recruit the best candidates as an organization grows globally. When developing a strategy, questions about required skills, position type (temporary or permanent), and education level need to be considered. Both internal and external recruitment methods should be used based on strategic needs and resources. The strategic sourcing approach aims to reduce candidate numbers interviewed while thoroughly understanding candidate skills and requirements to deliver the right candidate on time. Effective recruitment involves thorough documentation, analytical and communication skills, and reference checks.

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    This document discusses sourcing strategies and effective recruitment. It defines sourcing as an organization's ability to effectively fill positions using recruitment approaches. A sourcing strategy is important to avoid costly mistakes in hiring and to recruit the best candidates as an organization grows globally. When developing a strategy, questions about required skills, position type (temporary or permanent), and education level need to be considered. Both internal and external recruitment methods should be used based on strategic needs and resources. The strategic sourcing approach aims to reduce candidate numbers interviewed while thoroughly understanding candidate skills and requirements to deliver the right candidate on time. Effective recruitment involves thorough documentation, analytical and communication skills, and reference checks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    57 views14 pages

    Sourcing Strategies

    Uploaded by

    Kj Naveen
    This document discusses sourcing strategies and effective recruitment. It defines sourcing as an organization's ability to effectively fill positions using recruitment approaches. A sourcing strategy is important to avoid costly mistakes in hiring and to recruit the best candidates as an organization grows globally. When developing a strategy, questions about required skills, position type (temporary or permanent), and education level need to be considered. Both internal and external recruitment methods should be used based on strategic needs and resources. The strategic sourcing approach aims to reduce candidate numbers interviewed while thoroughly understanding candidate skills and requirements to deliver the right candidate on time. Effective recruitment involves thorough documentation, analytical and communication skills, and reference checks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 14

    Sourcing

    Strategies
    What is Sourcing

     Sourcing is the ability of an organization to use


    an effective recruitment approach in filling
    vacant positions.
    Why sourcing strategy is
    required:
     A single case of bad recruitment at the entry
    level supervisory role could cost the
    organization heavily.
     As organizations push for global scale, the
    need for the best of breed recruitment
    practices is increasing day by day in every
    vertical.
     A sourcing strategy is essential for Business
    Effectiveness.
    Sourcing Strategy

    When determining an effective strategy, there


    are a variety of questions that need to be
    asked:
     What types of skills does the position require?
     Is the position to be filled needed on a
    temporary or permanent basis?
     What education level is required for the
    position?
    Sourcing Strategy…cont’d

     Based on strategic intent, demand for type of


    position, and available resources a plan is laid
    out
     Internal & External methods are applies
     Now-a-days firms are increasingly engaging
    in Targeted Recruitment
     Targeted implies that the media and message
    used is specifically aimed at a particular
    group (e.g., women, Hispanics, disabled)
    After these questions are answered, a plan
    can be mapped out as to how approach the
    recruitment needs of the organization.
    The Strategic Sourcing approach
    is designed to:
     Drive reduction in total number of candidates
    interviewed.
     Drive a thorough understanding of both the
    candidate’s skills and internal company
    requirements.
     Deliver the candidate within the required time
    frame.
     Get a proper resource at a proper place
    Effective way of the doing a good
    recruitment:
     Document Document Document - All inputs related to
    interviews
     a - No compromise on Analytical and Communication
    skills
     Thorough Technical & HR interview (if possible two
    rounds)
     No compromise on Reference check
    Various Sources of Recruitment

    EXTERNAL
     Campus Recruitment
     Private Employment Agencies/Consultants
     Public Employment Exchanges
     Professional Associations
     Data Banks
     Casual Applicants
     Similar Organizations
     Trade Union
     Job Portals
     Recruiter Networking
     Employee Raiding
    Various Sources of Recruitment…
    Cont’d
    INTERNAL
     Job postings
     Must be feasible

     Must be trusted

     Should include

     JOB TITLE
     KSAs
     PAY SCALE
     TASKS
    Methodology of Sourcing
    Management Account Management
    Resource
    Management
    Client Relationship
    Management
    Retention
    Management
    Finance Management

    Engagement Company & Candidate


    pen down agreement
    Enroll candidate onto
    Companies payroll

    Sourcing & Short listing


    Application Screening
    Recruiting  Technical evaluation
    Methodology  HR Screening
    Reference check

    Analysis Ensure understanding


    of the requirements
    Assessment of skill-
    set requirement
    Confirm reporting
    lines & responsibilities
    Confirm
    compensation package
    and benefits, as
    applicable

    Analysis Sourcing & Engagement Management


    Recruiting
    Methodology
    9 effective tips for successful
    recruitment and selection by David Meyer

     Hire for Today’s Need and Tomorrow’s Vision


     Understand the Job
     Be Legal
     Build a Standardized Hiring Process and Use It
     Hiring Top Talent Means More Profit
     A Bad Hire Is Worse Than You Think
     Interviewing Doesn’t Work
     The Most Neglected Aspect of Hiring
     Matching People to Jobs
    To end up…

     Applicants like being interviewed by someone


    “like” themselves; this gives them the impression
    that they will “fit in”
     Applicants like speaking with someone from the
    functional area they’ll be in
     Personal characteristics of recruiter also matter:
    strong interpersonal skills, knowledge and
    enthusiasm about company and job improve
    acceptance rates
    Thank you…

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