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After 25 years and $2.5 trillion in global HR technology investment, we have irrefutable evidence of a spectacular failure. Yet most HR leaders still refuse to believe it. They continue to follow their HR tech vendors down a path to consistent underperformance.
Consider this, while marketing effectiveness soared 115% and manufacturing quality improved 85%, hiring success limped forward with a mere 12% gain. This isn’t just disappointing – it’s a fundamental indictment of how companies approach talent acquisition.
The data reveals a stark reality: as shown below there are two distinct talent markets operating in parallel. The private market, where 73%