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Talent Management, Talent Aquisition blog

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Using "Big Data" to Drive Talent Acquisition Process Improvement

HR analytics, quality of hire, TA metrics

There is so much talk about "big data" and HR these days, but let's be honest: most companies don't even know how to deal with "small data" related to talent.  And this isn't a criticism as much as a fact.  Talent acquisition and talent management processes are often inconsistent and take place outside of technology.  Some examples we encounter regularly:

Memo to HR: Not All Employees Are Equal

quality of hire, talent strategy, human capital analytics, HR analytics
By Tom McGuire and Linda Brenner
In the last two years, McKinsey, Corporate Executive Board, PwC and others have concluded that HR still has "far to go" until it reaches the status of a true business enabler.  While the tone of these studies might be different and the "pile on" mentality seems new, what's not new are many of the conclusions:  the global environment is complex, talent is hard to find, employees need to be re-engaged, HR metrics are underutilized, and so on.  But this has been clear for years, has it not?  Nothing has dramatically changed about the way HR works or is viewed by the business in many organizations.  In fact, the entire paradigm on which HR exists is fundamentally wrong in the new economy. 

1 - The traditional HR model is no longer relevant

7 Talent Strategy Trends to Manage Before 2014 Ends


Before we know it, 2014 will turn into 2015.  But before the end of the year's first quarter, there is still time to assess your organization's progress towards goals that will drive improved results in talent acquisition and talent management.

Top 5 Leadership Qualities the Best Companies Are Seeking

leadership competencies, talent management

Leadership is the ability to inspire and influence others to achieve certain goals and to behave in a certain way. This trait is of greater importance than it’s ever been to companies which rely on their intellectual capital to drive business results. 

2014 Talent Management Predictions: Innovation, Integration

talent management 2014 predictions

Here’s proof about the extent to which the business landscape, and specifically talent management, is changing: (Bersin by) Deloitte’s recent research report, “Predictions for 2014,” features an in-depth analysis of how companies need to retool their human resources operations to keep up with thechanging times. It pegs 2014 as “the year to focus on ‘optimizing’ HR to focus on the delivery of talent services, performance consulting, and deep expertise in management, coaching, and recruiting.” HR teams also need to focus on the acquisition of top-notch talent. Companies are realizing this as well, as two-thirds of the firms Deloitte reached out to have acknowledged that they are beginning to go through some form of HR alteration. With talent challenges constantly growing, human resources must measure its value by “its ability to source, attract, retain, and build talent— not simply its ability to deliver service to employees.” Phrases such as “keeper of the corporate talent system” and “architect of the talent machine” are now being used to describe HR departments. New titles and new strategic responsibilities indicate the need for key upgrades in the department’s capabilities as well.

Deloitte's 2014 Talent Management Prediction: Skills and Capabilities

talent management, critical skills, skill gaps, capabilities, talent review, talent planning

Deloitte Consulting’s recent research report “Predictions for 2014,” touches on many talent management trends we've heard about before. While the report describes a wide number of issues, this article focuses on the increasing number of skills individuals within organizations need to have. In addition, it highlights Deloitte’s breakdown of the new challenges different companies face due to increasing technology and the need to keep up with these advancements. Deloitte provides a strong illustration of the developing skills and capabilities that businesses will demand in the upcoming year.

Proof: Talent Management Drives Business Results

talent results, quality of hire

Corporate Executive Board (CEB) continues to produce studies on topics we, anecdotally, know to be true.  In their “2013 Business Outcomes Study Report”, they researched 55 organizations ranging including engineering, retail and financial firms in order to determine the impact of “careful talent management” on business results.  And no surprise here -  targeted talent development, succession planning and talent review – drive workforce productivity and, in turn, improve business results.

3 Steps for HR Planning in 2014

2014 HR trends

Time sure flies when you’re having fun. It seems that we were just talking about planning for 2013, and now we are edging our way toward 2014 rapidly!

10 Quality of Hire Indicators

quality of hire

As we’ve said before, we know that the metrics to measure Quality of Hire are not going to land in your lap. It is a process, a long and tedious data-gathering, brainstorming, collaborative effort to pull together the information you need to effectively quantify Quality of Hire.

6 Steps to Improve your Quality of Hire

quality of hire

As we edge toward 2014 (we can’t believe it, either!) there is one trend that garnered much attention in 2013. It’s Quality of Hire, and we think it still needs to be at the forefront in 2014.

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