
Recent activity in the talent management technology space indicates a continuing focus by large players on creating broad solutions covering everything from workforce planning to recruitment and performance management. Meanwhile, niche solutions provide best-of-breed functionality in specific areas, but providers are driven by market forces of consolidation. Where is the industry heading? How will your talent solutions choices change in the future, and how are companies changing the way they look at their talent technology strategies? more »
In 2009, HCI joined Futurestep and The Newman Group to publish "Talent Management Technologies". This book provides a comprehensive guide to help HR and Talent Management executives navigate the exciting but often perplexing world of systems, tools and "solutions". Today, HCI Is pleased to provide an online reference center that will provide key information from the book, as well as the latest updates on vendors, solutions, features and functions. more »
Today's recruiting professionals are no strangers to tech buzzwords like "Tweet", "Friend Request" or "Follow". With increasingly frequent webinars, articles, and white papers urging talent managers to get on board with Web 2.0 or risk being left behind, the case for integrating these solutions into their recruiting strategy has been clearly articulated. But is it as simple as starting a Twitter account to post jobs? Does a Facebook Fan Page guarantee an increase in quality candidates and decreased time to fill? more »
Traditionally, companies have often handled talent acquisition by reaching out to large numbers of candidates and sifting them through the largest funnel possible in the hopes of identifying a few top choices. Unfortunately, the process is cumbersome, and it does not always yield quality candidates. Thanks to advances in technology, including social networking applications and innovations in technology, companies have new options for breaking out of this funnel mentality. more »
Your company is changing part of its core business model, and you need to deliver the talent make it work. The talent initiative involves current employees, new talent, new strategies, stringent confidentiality requirements and extremely aggressive timelines. Impossible? Of course it is! So where do you begin? more »
For most companies, 2008 and '09 were trying times, and forward-looking talent strategy often took a back seat to near-term survival in the face of falling profits, workforce reductions and budget cuts. The good news is, there is some sense of stability today. But if you're involved in talent planning, you may have torn up your strategy over the last year-and now it's time to pick it up an spring back into action. Where do you begin? more »
Shrinking talent pools, changing demographics and globalization- these are a few of the conditions framing the big picture that is today's talent acquisition environment. If you're like most talent decision-makers, however, the big picture is the least of your worries. You have immediate concerns. Perhaps your hiring managers have stopped using your system, or requisitions take months to fill because of an onerous approval process. Or perhaps corporate leadership has unceremoniously dumped a seemingly impossible recruitment project. more »
Keeping employees engaged-for many talent decision-makers, this is a foremost challenge as they continue to operate in a world of re-organization, layoffs and uncertainty. Studies have shown that employee engagement and commitment to their employer can have a direct correlation to retention, productivity, and, ultimately, core business value. more »
2008 has been a challenging year for the global economy. The bursting of the housing bubble in the United States and the related credit crunch, combined with increasing energy prices and a subsequent decline in spending, have many employers in retreat. As organizations retrench, many are searching for opportunities to defer not only capital investments but human-capital investments as well. more »
The ideal of the complete talent management suite has become a fixture in the industry over the years. Driven by competition and market expectations, solutions providers have built, expanded or acquired functionality-- reaching for everything from job posting to onboarding and performance management. In turn, companies have increased their demands based on what the market has to offer. Will the apparent trend toward broad and deep functionality ever lead to a complete talent suite that is everything to everyone? more »
Between 40% and 50% of costs in any business are spent on human capital - so making it a priority would seem sensible for all leaders. Yet a recent McKinsey study uncovered this astonishing reality: most companies are as unprepared for the challenges of finding, motivating, and retaining capable workers as they were a decade ago. What can you do to ensure that your company is connecting the dots between its people and its bottom line-and how can you get all levels of your organization to embrace this strategy? more »