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Planning for 2024 is a major focus right now, and HR leaders in every industry are grappling with the challenge. What’s the best way to create an effective budget and strategy, when business needs and goals feel like they are constantly changing? The answer is to create a future-ready HR tech stack that offers the flexibility you need to respond to whatever challenges come your way and support all your critical initiatives.
As you think about equipping your organization’s HR function for growth and innovation in the coming years, it's important to build with flexibility, scalability, and strategy in mind.
In this article, we’ll share the top three ways HR leaders can build a flexible, future-ready HR tech stack—and the budget and strategy to go with it. These considerations include:
- Having the ability to pivot quickly for high volume hiring needs
- Selecting tools that help your organization build a thriving talent pipeline
- Partnering with vendors who continually innovate their products and services
Pivot Quickly For High Volume Hiring Needs
Some organizations tackle high-volume hiring all the time. It’s just the nature of their business. Others grapple with periods of high-volume hiring—such as seasonal hiring, ramping up for a new project or product offering, opening a new location. Whatever the details for your organization, having the right tools in your tech stack can make all the difference.
We’ve written before about what to look for in a high-volume recruiting tool and also about the power of virtual recruiting for high-volume hiring. Using the right technology for high-volume hiring (especially virtual events) also helps speed up the recruiting process, so your team can enjoy a boost in efficiency and better compete for top talent at the same time.
Select Tools That Help Build A Talent Pipeline
With business goals changing frequently, HR can get stuck working on short-term goals. It can be easy to lose sight of longer term efforts—especially when it comes to building a healthy talent pipeline. This is why it’s crucial to have access to tools that support your recruitment marketing and talent sourcing efforts.
For example, the best virtual recruiting tools allow organizations to host a range of different event types that support recruitment marketing, such as informational/educational events, employer branding events, and those focused on work culture and values. It’s also ideal to use tools that offer flexible event tracking links so you can collect valuable data on candidate sources, geographic locations, or candidate personas to optimize your sourcing efforts.
Partner With Vendors Who Are Focused On Improving Their Services
A technology solution is only as good as the vendor that supports it. In the ever-evolving world of HR technology, the best vendors have deep experience and knowledge in the space and a proven reputation for a top quality customer experience. HR leaders should always prioritize vendors who learn from customer feedback and industry trends to look ahead, creating new features and tools to address tomorrow’s challenges as much as today’s.
The Right HR Tech Supports All Business Goals
Building a flexible, future-ready HR tech stack is necessary to support an organization’s business goals, whatever they might be from one quarter to the next. Making the most of your HR tech budget depends on finding the right technology partners and the right tools to enable your HR strategies to flex and adapt with new business challenges. Investing in flexible tools helps organizations continue to innovate, grow, and compete with relative ease.
Ready to learn how you can support all your talent acquisition initiatives with Brazen?
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