I think more organizations should have candidates (especially senior ones) give a job talk. It's standard practice in academia, but academic job talks tend to be overly long and high-stakes; basically an hour-long lecture about one's research. An industry job talk could just be a 15-minute presentation about a technical topic of the candidate's choosing, followed by Q&A. The candidate has full control over what the topic is, and the audience (i.e., the hiring panel) gets a good feel for that person's interests, communication skills, and soft skills.
This is what my company is currently doing. First step after a screener call is a 45 minute meeting with the hiring panel to present anything the candidate wishes - some presentations try to fill the full time, some are brief and there's more discussion.
We started doing this to get rid of the repetitive background summary the candidate has to give with each member of the hiring team in 1:1s. Overall, I think it's working well, and wish that places I was interviewing for myself would follow a similar process rather than multiple hours of 1:1 before a tech screen.
