This article discusses the importance of deciding between 'good', 'fast', and 'cheap' when it comes to choosing recruiting technology. Recent advances in technology have led to a number of powerful recruiting algorithms and tools, however making the right decisions for these can be difficult. Making a decision requires understanding the different advantages and disadvantages associated with each of the 3 options. For example, 'good' technology is often more expensive yet is better tailored to achieve desired results. 'Fast' technology is usually less expensive and can quickly deliver actionable insights. 'Cheap' technology is typically the least expensive up front, but may lack sophistication and provide only basic insights that may be inaccurate. Ultimately the best decision will depend on the goals set for the organization’s recruiting technology.
