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Recruiting Talent Acquisition

Centralized Sourcing Success: IQTalent's Strategy for a Global Player

October 30, 2024

By: IQTalent

A leading global technology and manufacturing corporation, employing nearly 65,000 people worldwide, faced considerable challenges in managing recruitment across its diverse portfolio of companies. High volumes of applications, disjointed communication channels across departments, and inefficient sourcing strategies burdened the recruitment processes. That's when IQTalent stepped in, offering a scalable solution to overhaul and streamline its recruitment operations.

Discover how a global technology leader revolutionized its global recruitment strategy with a little help from @IQTalent! 🌍🚀

Addressing Global Recruitment Challenges

The company's recruiters found themselves swamped with applications, making it challenging to manage day-to-day hiring logistics while also maintaining effective communication with various stakeholders. This created bottlenecks that stifled the development of a robust candidate pipeline necessary for sustained company growth. The corporation needed a dynamic and lasting solution to break through these barriers and foster a more efficient recruitment system.

 

BONUS CONTENT: See how a Head of Talent Acquisition for a large global retailer leveraged the IQTalent model to support her in-house team when demand outweighed the bandwidth of the internal recruiters.

 

Innovative Solutions from IQTalent

Recognizing the complexities of the issues, IQTalent introduced a dual-strategy that was simple yet effective:

  1. Centralized Sourcing Hub: At the heart of the strategy, this hub functioned as the control center for all recruitment activities. It ensured a continuous, efficient flow of talent for frequently filled roles, significantly easing the recruitment process.
  2. Specialized SWAT Team: To address complex, hard-to-fill positions, this team provided enhanced support, equipping the company's internal recruiters with the latest in sourcing strategies and market insights. This approach not only filled immediate vacancies but also bolstered the overall strategic hiring capacity.

 

BONUS CONTENT: See how Super Evil MegaCorp used IQTalent’s on-demand recruiting model to find candidates for hard-to-fill roles.

 

Building a Dedicated and Effective Team

The strategies implemented were supported by the creation of a dedicated central sourcing team. This team was instrumental in bringing the new recruitment strategies to life, not just filling positions but transforming the entire recruitment landscape at the company. They ensured that best practices were consistently applied, setting a high standard across the corporation's various subsidiaries.

Struggling with recruitment bottlenecks? See how IQTalent's centralized sourcing helped a global player streamline processes and cut costs. 💼📈

Positive Outcomes and Lasting Impact

The strategic overhaul introduced by IQTalent led to significant improvements and notable outcomes:

  • Enhanced Efficiency: The recruitment process became more streamlined and effective, significantly improving the quality of hires and reducing time-to-fill rates.
  • Decade Long Engagement: The success of these initiatives solidified IQTalent's role as a long-term partner for the company, with engagements spanning over ten years.
  • Expansion Support: The strategy was extended to include full-cycle recruiting support for five additional major companies within the corporation's portfolio, facilitating their growth and transformation. 
  • Elevated Recruitment Standards: The introduction of centralized sourcing and specialized teams set new benchmarks for recruitment excellence within the organization.

 

BONUS CONTENT: When posting open roles on job boards and word-of-mouth referrals failed to bring in the candidates needed, IQTalent provided qualified candidates within days and two hires in under 2 months. See how in our case study.

 

Reflecting on Achievements

Our strategic partnership with this global technology leader exemplifies how targeted solutions and innovative approaches can resolve complex recruitment challenges in large, global companies. By centralizing key aspects of the recruitment process and introducing specialized teams to manage hard-to-fill roles, the corporation has not only streamlined its hiring processes but has also set a new standard in recruitment excellence.

Looking to upgrade your recruitment strategy? Connect with IQTalent today to explore how our tailored solutions can streamline your processes and enhance your hiring results. Read the full case study to learn more about how our joint efforts lead to their big wins.