The Role of Technology in Recruitment and Here’s What You Can Do About It

The Recruitment Hackers Podcast

Max: Hello. Welcome back to the Recruitment Hackers Podcast. I'm your host, Max Armbruster. And, today I'm delighted to welcome Peter Weddle, who is the CEO for the Association for Talent Acquisition Solution, also known as TAtech, which you can find on TAtech.org. Peter has been leading this association which gathers vendors, practitioners, and who is a real futurist as well. He has written some books on what the future holds for humanity and how to prepare our future generations for the impending rise of the machines. So, I'm excited to talk to him about some of the trends that are shaping this year and perhaps how to prepare not for the next year, but for our next generation of recruiter, how our recruiters are gonna look like, and what they’re gonna do 20 years from now? We'll have a bit of a discussion on that. Peter, thank you so much for joining.

Peter: It's great to be here, Max. Thanks for having me.

Max: It's a pleasure. And, always love your newsletter. I love your content. So, maybe we'll start with that. What is TAtech? And, how can people get plugged in?

Peter: TAtech is the trade association for the global talent technology industry. So, that means that our members span the spectrum from job boards and aggregators and job distribution companies to conversational AI solutions, programmatic ad buying platforms, recruitment advertising agencies, marketing companies. Basically, any company that uses technology to design, develop and deliver a talent acquisition product or service for employers.

Max: Okay! So, there's a lot to unfold there. But we're talking about basically the cutting edge of talent acquisition. And, I… you're based in Chicago right?

Peter: Actually, we're based in Stamford, Connecticut.

Max: In Connecticut. All right. Great. And the…but with a membership that is global. But, I think a lot of the investment is coming out of the U.S. right? That's really the hub of the TAtech industry.

Peter: Well, we do a number of things as a trade association but we're probably best known for our conferences. We certainly do one in called TAtech North America, but we also do one in Europe called TAtech Europe. And, that's for the whole EMEA region. And, I think it's safe to say that, yeah, there's a lot of investment, probably more money flowing into talent acquisition technologies and products than H.R. products largely. But, that's not only true in the U.S. now, it's increasingly true across Europe, particularly in the U.K. There's a lot of really fascinating developments of new companies springing up in Europe and in U.K.

Max: Yeah! Absolutely. I think actually that when it comes to recruitment, recruitment has more domestic localized elements. And so, you know, a lot of the leaders have come from Europe or from different parts of the world and then from India, and then they eventually make it to the U.S., which is the biggest market. So, it's quite an international community, I would say. But the capital certainly seems to be coming out of the U.S. in majority.

Peter: Well, we're very fortunate that we, as you mentioned earlier, we do have a global member base. So, we have the advantage of being able to look at not only new developments, but also where the current trendsetters in the industry are going into the future. And, we can look across all of those trends globally because, you know, the fact of the matter is that increasingly we have a global workforce. So, companies may be based in the U.S., but they're hiring all over the world and vice versa. Companies in India are hiring in North America and so forth. So I think it's important to recognize that, you know, geography is still important, but geographical barriers are not.

Max: They're coming down. Yeah. And, increasingly now there are some behaviors that are… I mean, whether you're in India or in the US or in France, you are witnessing how fast the world is moving,how fast things are becoming, the consumerization of just about everything. And so, that's going to affect, of course, the recruitment because the way consumers behave globally is pushing recruitment in the same direction, you know, in all corners of the world. So, yeah, it's a good fine balance between these local and global trends. But before we talk about the future and those…or about those trends, Peter, how did you…how does someone end up being the CEO of the TAtech? How did you end up in recruitment to begin with in talent acquisition?

Peter: Well, I was a partner in the Hay Group, so I… my roots are in the H.R. field. But, I got the entrepreneurial bug and bought a company called Job Bank USA in the early 90’s. This was pre-internet but we were arguably one of the largest companies to use computers to match people in jobs. And, about five years later, I sold that firm and fell into a gig writing a bi-weekly column for the Wall Street Journal about this new thing called the Internet and in particular the employment space online. And, I bought that basically until Murdoch bought or I did that until Murdoch bought Dow Jones. So, I got to go over the shoulders, meet and interact with all of the early players in online talent acquisition. And, by 2007, it just seemed to me that the industry had matured to the point where it needed a trade association and an organization to help set standards, to help identify best practices, to make sure that customers, employers were getting what they paid for those kinds of things. So, we launched TAtech in 2007, and the first thing we did was create a code of ethics because we believe, you know, that technology needs to serve the individuals that are using it, not the other way around. So, we really focused on that first. Since then, we've developed a whole range of products to help our members do something that is very simple, make more money at the bottom line.

Max: I admit to you and to our audience, I have not read the code of ethics yet but I'm going to do that as soon as our conversation is over. And, I am on board because I have read all of Asimov's work and I know that we have to set the rules early in the game before the machines take over. So, I am on board and yeah, it's amazing how far we've gone in those 20 years where…Well, 15 years you've been running the association, and to think where we were in 2007, right? Where it was basically the first SaaS companies like Taleo going IPO and success factors and early days of ATS. Do you…are you as excited today as you were back then about where this industry is going after all these years?

Peter: I think it's fair to say I'm more excited. You know, Kurzweil, the head of engineering at Google, has said that we will see 10,000 years of progress in the next 100 years because the pace of technology, technological invention, and innovation is accelerating. And I think, you know, it's hard to wake up on any given day, walk into the office and not find something new. So, our challenge as a species is to learn how to leverage the advantages of this technology, this development, and also preserve some space for our species so that we, you know, lead fulfilling lives.

Max: Mm hmm. Then, there are some concerns with the pace of technology being such that people can't keep up, that the jobs that are more menial and that do not require, you know, too much thinking. The non-thinking jobs are gonna disappear and be replaced by mechanical robots and yeah, I mean, there's perhaps a concern about whether there'll be job...