Hiring an in-house head of talent
At the early stages, building your company's recruitment muscle is paramount to its growth, but is an in-house head of talent a necessity to accelerate this process? Tune in for key insights on team building & recruitment from Avnish Bajaj & Rajinder Balaraman.
Rajinder:
Do I need an inhouse head of talent and if so when?
Avnish:
I think this is one, where we should actually include some of the links because there is a lot of good stuff out on the internet about recruiting as a muscle for the company, including from David Skok.
So, I would say one of the core things you’re doing early in your company, is building a team towards getting PMF. In my view and this is evolved over a period of time, just like you won’t outsource your tech and your product, don’t outsource your recruitment.
So, if this is a core asset of what you need to do, so I have a little bit of a nuanced view on pre PMF companiesversus post PMF. I think if you have a pre-PMF and maybe you may have taughtme this term there is something called as RPO, recruitment process outsource and you can insource that, so basically you don’t hire your own person because that itself might take time.
But one of the recruiters you are working with, their recruiter is essentially on your roles. They are dedicated to you; they do all the filtering. There’s a lot of process management that goes into it and saves a lot of time.
So, I think the number one resource you are building outside of your tech product and all of that is your people. Please don’t outsource, please spend more on it, in terms of enforcing it. Post PMF it's very clear you need to have it in-house, right?
Now that doesn’t mean you are not using consultants, but they are force-multipliers for you. you have your in-house people because nobody understands the DNA of the company, what is actually required than a person who is sitting inside a company.
And you know we try to do a lot of recruitment for our companies, and you manage that function. But I think that companies should ultimately have somebody in-house because they will find that they will cut through a lot of process cycles and speed up, speed up both the quantity and the quality.