Balancing Tech and the Human Touch: Using AI in
Executive Recruiting
By J. James O’Malley, Andersen Alumnus, former National Director
of Experience Recruiting and Jennet Douglas
Generative
Artificial Intelligence (gen AI) could contribute up to $15.7 trillion to the
global economy in 2030 according to a recent PwC study. This emerging
technology is ready to transform the world (one can argue it already has!), and
the possible implications for Executive Recruiting teams are exciting. You and
your colleagues are likely already considering which systems and processes can
benefit most from the integration of
AI, allowing for more effective use of your name, and ultimately enhancing the
customer and candidate experience.
Connection
is key.
Connection
is a cornerstone of our industry. It builds rapport and trust, forming a bridge
between our clients, customers, and candidates. As we unleash the power of AI
to streamline workflow and increase efficiency, how do we ensure that we can
work smarter and faster without forsaking our most valued assets: connection
and trust? How do we strike a balance and maintain the essential human elements
of the recruitment process that create the true value of our customized
experience?
In
finding the balance between humans and tech, it’s important to note that all AI
applications require some amount of human oversight. They are not
perfect tools – they simply synthesize large amounts of publicly available
data, and they do make mistakes. Therefore, we must review and confirm the work
AI does for us. At the same time, we are also responsible for understanding and
limiting programs that may remove crucial opportunities for connection and
human insight – programs like chatbots/virtual assistants and video interview
analysis which are some of the tools trending in talent acquisition. While they
can make the recruitment process a little easier, they ignore human elements
that AI cannot replace, elements that require emotional intelligence, creativity,
and higher order thinking. While AI tools can (and should!) augment the work we
do, only humans have the capacity for the nuanced decision-making involved in
handling complex situations like assessing candidates, tailoring search
strategies, understanding organizational culture, and providing customized
consultation.
Gen
AI is here to stay.
Search
firms already take advantage of gen AI for a variety of tasks, most often
third-party research (LinkedIn Recruiter), candidate assessment (Predictive
Index), email blasting (Yesware), document storage (Dropbox), and communication
(Zoom). Cluen released a paper last fall with data
showing that Executive Search firms utilize ChatGPT more consistently than any
other AI tool. Its prompt engineering can quickly provide information that
could otherwise take days, or even weeks, to collect, analyze, and summarize
manually. Although, a caveat exists: to illicit a thorough and accurate
response, you need a strong enough prompt (think Boolean search). Developing
this skill facilitates access to large amounts of data that can be used for
crucial, and traditionally time-consuming, tasks such as candidate screening
and sourcing, interview prep, talent pipelining, and market research.
Gen
AI will change everyone’s job functions and responsibilities. It has the
potential to wipe out existing roles while creating new ones. As you plan for
further implementation of these applications, we advise you to identify your
goal(s) and make a few key considerations. First, remember that the technology
is a tool that does not replace human abilities, it only amplifies them.
Discern which AI programs could remove important interactions with clients and
candidates so you can maintain valuable touchpoints. Avoid negative recruiter
sentiment by ensuring they have ultimate control of how the tools are used and
do not feel like the tools control them. Finally, be aware of the legal and
ethical implications of gen AI. It may be surprising to learn that AI programs
can inadvertently perpetuate bias. This concern – along with data privacy,
reliability, and job displacement – can raise questions about how to implement
them effectively.
How
to get started.
What
are your goals? Organizations must prioritize the applications of AI that can
have the greatest positive impact on their work without losing touchpoints with
their contacts. This will look different from one firm to the next. Some of the
tools gaining popularity in the human resources industry assist with candidate
sourcing and matching, resume parsing, and predictive analytics. IBM has even
developed a “predictive attrition program” that, with 95% accuracy, can
identify employees who may be a flight risk and then provide tools for
management to reengage them.
AI tools can also be programmed to promote diversity and inclusion, provide market trends and insights, and identify skills gaps within an organization to pinpoint the best candidates for leadership roles. T-Mobile has established its entire culture around diversity, so attracting a variety of candidates is key to maintaining their business model. They began using Tex