Ep. 9 - Ghost In the Machine | David Schueneman, Recruiter

In this episode, Jim Alstott and David Schueneman discuss the challenge of finding top talent in today's business world. They explore the concept of the 'Great Depression of human capital' and how it is affecting businesses. They also delve into the impact of the hybrid or remote work model on companies and the challenges it presents. The conversation touches on the issue of ghosting in the hiring process and provides insights on how to minimize it. Trust and effective communication are highlighted as key factors in addressing these challenges. In this conversation, David Schueneman discusses the impact of AI on the advertising industry. He believes that AI will disrupt certain jobs in the industry, but recruiters will still play a crucial role in finding and evaluating talent. He also emphasizes the importance of effective communication and the need for recruiters to adapt to new technologies. Schueneman shares his favorite songs and how they have influenced his life, including 'Kung Fu Fighting' by Carl Douglas, 'Song Sung Blue' by Neil Diamond, and 'Home' by Michael Bublé.

Listing to this week's Spotify Playlist: https://open.spotify.com/playlist/3jhlYAY4Pmgq3cEoNJ9Pep?si=befeb36fa1a34a2c

Takeaways

• The 'Great Depression of human capital' refers to the shortage of talent caused by the retirement of baby boomers and the smaller number of Gen Xers to replace them.
• The COVID-19 pandemic has exacerbated the human capital shortage as more baby boomers retire and some workers choose to leave the workforce.
• The rise of the gig economy and the option of remote work have given employees more choices and flexibility, making it challenging for companies to attract and retain top talent.
• Companies need to adapt their hiring and onboarding processes to accommodate remote work and build trust with employees.
• Ghosting, where candidates or employers abruptly cut off communication during the hiring process, is a growing problem. Multiple interviews and effective communication can help minimize ghosting.
• Building a strong corporate culture and creating a positive work environment can help attract and retain talent.
• Trust and effective communication are crucial in addressing the challenges of finding top talent and managing remote or hybrid work models. AI will disrupt certain jobs in the advertising industry, but recruiters will still play a crucial role in finding and evaluating talent.
• Recruiters need to adapt to new technologies and use them to enhance their work, such as using AI-powered tools for internal communication and candidate sourcing.
• The remote workforce is here to stay, and companies should embrace it to attract and retain top talent.
• Job changes have increased in recent years, and recruiters need to be proactive in finding and engaging passive job seekers.
• Music has a powerful impact on our lives and can evoke strong emotions and memories.