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The HRTech
Delusion
(We are all insane!)
$$$
KNEE
INJURY
CBD (Compulsive Buying
Disorder) or Oniomania,
is characterised by an
obsession with shopping and
buying behavior that causes
adverse consequences
(In other words, paying
money thinking you
are solving a problem,
and actually you are
not solving it at all…)
Until 1972, when the
modern athletic shoe was
invented, people ran in
very thin-soled shoes,
had strong feet and had a
much lower incidence
of knee injuries.
The problem we think we are solving:
Current spend:
Consequences:
Less injuries
$20bn
Every year, between 65-80% of runners
suffer an injury
Delusional:
based on or having faulty
judgement; mistaken
Attraction
Sourcing
Selection & Interviewing
System & Process
= $125bn
“The longest streak of falling
productivity since 1979”
46% of new hires fail within
the first 18 months
86% of people either
miserable or very miserable
at work
86%46%
The problem we think we are solving:
Current spend:
Consequences:
Hiring the right person
$125bn
Static Productivity
50% Job Success Rate
Everyone’s miserable
Average Time to hire has risen
dramatically since 2015.
Source: MRINetwork
Of companies do not give
applicant feedback
Report poor experience
through hiring process
Source: FutureWorkplace
60%70%
80% of applicants would
take one job over another
because of a personal
relationship they have
formed through the
hiring process
Source: Mattersight
3 Examples
I have learned that people
will forget what you said,
people will forget what you
did, but people will never
forget how you made
them feel.
-Maya Angelou
“
”
Go and apply for a
job through your
own process, ask a
family member to
do the same thing –
record how it feels!
When buying tech,
ask yourself who
does it serve, “us
or the applicant?”
As you seek to
automate your
processes, focus
on making the
human elements
even more delightful
$14bnAmount spent on
HRTechnology
Amount spent on
determining the right hire $1.5Bn
$1.2Tr
Amount spent on
Enterprise Technology
Amount spent on
attracting, finding, selecting
& hiring the people
$120Bn
Thank You

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The HR Tech Delusion

  • 3. CBD (Compulsive Buying Disorder) or Oniomania, is characterised by an obsession with shopping and buying behavior that causes adverse consequences (In other words, paying money thinking you are solving a problem, and actually you are not solving it at all…)
  • 4. Until 1972, when the modern athletic shoe was invented, people ran in very thin-soled shoes, had strong feet and had a much lower incidence of knee injuries.
  • 5. The problem we think we are solving: Current spend: Consequences: Less injuries $20bn Every year, between 65-80% of runners suffer an injury
  • 6. Delusional: based on or having faulty judgement; mistaken
  • 8. “The longest streak of falling productivity since 1979” 46% of new hires fail within the first 18 months 86% of people either miserable or very miserable at work 86%46%
  • 9. The problem we think we are solving: Current spend: Consequences: Hiring the right person $125bn Static Productivity 50% Job Success Rate Everyone’s miserable
  • 10.
  • 11. Average Time to hire has risen dramatically since 2015. Source: MRINetwork Of companies do not give applicant feedback Report poor experience through hiring process Source: FutureWorkplace 60%70%
  • 12. 80% of applicants would take one job over another because of a personal relationship they have formed through the hiring process Source: Mattersight
  • 14. I have learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel. -Maya Angelou “ ”
  • 15. Go and apply for a job through your own process, ask a family member to do the same thing – record how it feels! When buying tech, ask yourself who does it serve, “us or the applicant?” As you seek to automate your processes, focus on making the human elements even more delightful
  • 16. $14bnAmount spent on HRTechnology Amount spent on determining the right hire $1.5Bn
  • 17. $1.2Tr Amount spent on Enterprise Technology Amount spent on attracting, finding, selecting & hiring the people $120Bn