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FROM THE FOUNDER
This could greatly impact your firm’s ability to grow and adapt to a changing environment. Put your BD people in charge of recruiting
G etting tired of having all kinds of people needs and not having any good candidates? Does your business plan call for adding certain types of expertise you don’t have, yet you really don’t know where you will find those people? I have the solution. Put your best business developers in charge of recruiting!
Mark Zweig
Recruiting is selling, plain and simple. You need to completely rethink your dysfunctional and outmoded idea that recruiting is all about keeping bad people out of your firm. It’s not! It is about getting good people INTO the firm. It’s about selling people on the idea that their careers are better served at your firm than wherever they are at present. Period. If you accept this idea then it only follows that you need your best sellers out there selling – selling people on coming to work for your firm – then you need to actually figure out how to do it. Because ideas are a dime a dozen. It’s implementation of them that matters.
Just like any sales process, you need to define the steps in the recruitment process, and then track and report on the performance metrics that match up with your process. For example – how many people did you contact to attempt to recruit for any specific job opening over any given time period? How many of those were willing to meet? How many offers were made? How many offers accepted? How long did it take to fill each opening from the time you started recruiting until the person started for work? These are similar metrics you would use for business development but applied to recruiting. These metrics need to be shared widely and discussed in regular
See MARK ZWEIG , page 12
THE ZWEIG LETTER DECEMBER 12, 2022, ISSUE 1468
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