Stanford Healthcare, a beacon of medical excellence, had a problem hiding in plain sight. Buried in their digital archives were 34,000 potential healthcare hires—surgeons, nurses, techs—all gathering virtual dust. Meanwhile, crucial positions sat empty, and the talent team was swamped just keeping the lights on.
Recognizing the need for a strategic overhaul of its recruitment process, Stanford Medicine partnered with IQTalent. Our mission was clear: transform this dormant applicant database into a dynamic talent pipeline while simultaneously addressing immediate staffing needs.
Curious how we turned this flatlined recruitment system into a thriving talent pipeline? Read on!
The Challenge: A Talent Acquisition Team Stretched Thin
Stanford Healthcare, known for delivering high-quality patient care, conducting cutting-edge research, and training the next generation of medical professionals, found itself at a crossroads. Their recruiting team was drowning in day-to-day processes, leaving little time for strategic sourcing. This led to a growing number of unfilled positions across critical roles such as Surgical Techs, Sonographers, Clinical Nurses, Clinical Lab Scientists, LCSWs, and Radiology Technicians.
But the real shock came when they discovered an astonishing 34,000 applicants in their Applicant Tracking System had never been engaged. The reliance on outside agencies and traveling nurses was driving up costs, creating an urgent need for change. It was clear that their current approach was unsustainable and hindering their ability to maintain the high standards of care they're known for.
IQTalent's Solution: A Multifaceted Approach to Recruitment Excellence
When Stanford Healthcare reached out to IQTalent, they weren't looking for a band-aid solution. They needed a comprehensive overhaul of their talent acquisition strategy. Our team at IQTalent rose to the challenge, delivering a tailored, multifaceted approach:
- Pivoted Sourcing Strategy: Upon discovering the large pool of unengaged applicants, we quickly shifted our focus to an innovative candidate re-engagement strategy. This pivot allowed us to tap into an existing resource that had been overlooked.
- Implemented High-Volume Engagement: We set and executed an ambitious initial goal of engaging 60 applicants per day. This high-volume approach ensured we were making the most of Stanford Healthcare's existing talent pool.
- Expanded Service Offerings: As our partnership evolved, we progressively took on additional responsibilities. These included talent acquisition marketing to enhance Stanford's employer brand, rewriting C-suite bios for improved leadership visibility, optimizing job descriptions to attract more qualified candidates, and integrating into the onboarding process to ensure a smooth transition for new hires.
- Integrated Seamlessly with Client: We embedded a team of 11 IQTalent professionals, including an Account Manager, Engagement Lead, and 9 sourcers, fully into Stanford Healthcare's Talent Acquisition ecosystem. This seamless integration ensured our team could work effectively within Stanford's unique environment.
The Results: Swift, Significant, and Sustainable
The impact of our partnership was both immediate and lasting. Here's a snapshot of what we achieved:
- Rapid Impact: We extended the first offer within just 33 days of starting the engagement, demonstrating the quick adaptation and effectiveness of our team.
- Consistent Hiring Success: Within the first few months, we made 24 hires, addressing critical talent gaps across various roles.
- Enhanced Employer Brand: Our talent acquisition marketing efforts strengthened Stanford Healthcare's ability to attract top talent.
- Strategic Talent Pipeline: We developed candidate benches for hard-to-fill roles, ensuring a ready pool of qualified candidates for future openings.
- Progress Towards Hiring Goals: We made significant strides towards Stanford Healthcare's ambitious goal of zero openings for specific roles.
- Cost Savings: By reducing reliance on outside agencies and traveling nurses, we helped Stanford Healthcare realize substantial cost savings.
- Improved Hiring Efficiency: We streamlined the hiring process, reducing time-to-hire metrics and providing ongoing support for current openings and other talent acquisition tasks.
From its inception in February 2023, this initiative has demonstrated remarkable success, providing ongoing and expanding support to Stanford Healthcare with exciting long-term potential.
A Partnership Built for the Future of Healthcare Recruitment
Our collaboration with Stanford Healthcare showcases the power of innovative, adaptable recruitment strategies in the healthcare sector. By combining strategic re-engagement, comprehensive talent acquisition support, and high-volume outreach, we've not only addressed immediate hiring needs but also laid the groundwork for sustained recruitment success.
As the healthcare industry continues to evolve, partnerships like this one between IQTalent and Stanford Healthcare are setting new benchmarks for what's possible in talent acquisition. It's more than just filling positions; it's about building a robust, efficient, and forward-thinking recruitment ecosystem that can adapt to the ever-changing needs of world-class healthcare institutions.
Ready to revolutionize your healthcare recruitment? Discover how IQTalent can transform your talent acquisition process. Contact us today to learn more about our innovative solutions tailored for the healthcare industry.
