Detailed Talent Analytics, Enhanced Talent Acquisition

At its core, talent acquisition seems rather simple: post ads for your job openings and hope the right candidates will respond. In reality, though, the process is much more complex. Are you posting to the best sources? Is your content engaging enough to turn job seekers into applicants? Do you even know the type of talent you’re looking for? All too often, talent acquisition is a game of chance. In today’s competitive business landscape, though, talent acquisition shouldn’t be a game – it needs to be a strategic process built upon real business intelligence

So, how can companies access the insight that leads to improvement? The answer lies in using the right talent management technology – and that means a robust platform that can deliver the analytics necessary to continually shape and fine-tune the talent acquisition process. But not all solutions are created equal. The best technology is one that provides access to robust talent and business intelligence that can be delivered via user-friendly and easily accessible reports – what good are analytics if you need to be an IT expert to run them in the first place?

Still, having access to data is only one part of the puzzle; you must also know what to look for and how that information can be used to improve talent acquisition. For instance, with access to robust analytics on what makes someone successful in a particular role, you can adjust job descriptions and external marketing accordingly to attract more individuals with similar strengths. Also important is understanding which talent sources deliver the best candidates, whether a particular job board, a social media site like LinkedIn or employee referrals. With data on the sources that deliver the best candidates, you can focus on those methods – and ditch the sources that aren’t worth the investment. Analytics also enhance the entire workflow management process – by comparing candidates against key criteria, you can ensure you’re hiring the individuals who will best meet company needs today and tomorrow.

When talent analytics are used to guide recruitment, you will achieve a high level of agility; all of that insight can be used to continually enhance the way you find talent. It also lets you take a deep look internally – uncovering the processes and techniques that have worked in the past to guide recruiting efforts for the future. But to get the most benefit, the right talent management platform is essential. So, what should you look for? Consider a solution offering the following:

  • Ease of use and accessibility: You shouldn’t have to moonlight as an IT professional to understand talent analytics. The right solution should enable anyone to create dynamic reports, regardless of their technical expertise, which is essential to improving user adoption.
     
  • Mobile-enabled delivery: As key business functions continue to shift from the computer screen to the smartphone, you need to be able to access in-depth reporting and analytics directly from your preferred device.
     
  • Enhanced recruitment workflow management: Recruiting often involves input from several stakeholders, so the ability to ease the approval process is essential. Facilitating approval rounds based on key criteria can streamline the process and help you hire qualified individuals more quickly.

A successful talent acquisition process can be described as getting the right talent into the organization before the competition does. When that strategy is enhanced with robust talent analytics, you can find the right-fit talent much faster, while also making well-informed data-based decisions. But success is contingent upon having the right platform in place. The best solution is one that provides real business intelligence – based on your company’s own talent data – to continually enhance the talent acquisition process.



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