KBACE iRecruitment Webinar
2 likes•558 views
This document discusses the need for integrated talent management strategies to address impending talent shortages. It notes that point solutions are not viable long term and companies need a comprehensive HCM suite. An effective strategy includes tools for skills tracking, internal and external candidate searching, streamlined hiring, and business intelligence for measuring outcomes. A holistic talent management approach is required to recruit, develop and retain top talent.
KBACE iRecruitment Webinar
- 1. Integrated Talent Management 1 © 2007 KBACE Technologies, Inc.
- 2. Agenda • Introduction • The War for Talent • Point Solution Viability • Strategies for Winning the War for Talent • How can I tell how I am doing? (Business Intelligence) 2 © 2007 KBACE Technologies, Inc.
- 3. The Perfect Storm for Integrated Talent Management Impending Point Solution Talent Shortage Viability Comprehensive eBusiness Suite Offering 3 © 2007 KBACE Technologies, Inc.
- 4. Leadership How to Fill the Talent Gap By DOUGLAS A. READY and JAY A. CONGER September 15, 2007; Page R1 It's no secret that global companies are finding it harder to fill critical jobs these days. They're struggling to land top recruits in emerging markets, for instance, and haven't prepared people in their own ranks to step seamlessly into management slots. Companies are racing to find solutions, but most of them are making a crucial error: They're treating these problems as separate issues. At most multinationals, a host of problems in recruiting and developing talent are converging to create a perfect storm -- a crisis that could derail the company's growth strategies. To meet the challenge, companies must rethink how they hire, train and reward their employees, placing those tasks at the heart of their business plans. In doing so, they have an opportunity to address all these separate problems with a unified plan, rather than waste time and resources attacking each of the issues individually. 4 © 2007 KBACE Technologies, Inc.
- 5. The Impending Talent Shortage 5 © 2007 KBACE Technologies, Inc.
- 6. Everyone is concerned about talent. 6 © 2007 KBACE Technologies, Inc.
- 7. Baby Boomers retiring… 7 © 2007 KBACE Technologies, Inc.
- 8. Higher Education Flat Lining 8 © 2007 KBACE Technologies, Inc.
- 9. Equal Shortage of Skilled Workers 9 © 2007 KBACE Technologies, Inc.
- 10. Point Solution Viability 10 © 2007 KBACE Technologies, Inc.
- 11. Point Solution Viability Recruitmax (now Vurv) buys CCH KnowledgePoint Workstream buys PeopleView Authoria buys Advanced Information Management Resumix acquired by Yahoo and now no longer supported. iSearch out of business Restrac became Web Hire. Web Hire was acquired by Kenexa Personic went out of business and became Xperius Xperius was later acquired by UniCru UniCru was then aquired by Kronos Hire.com was acquired by Authoria BrassRing was acquired by Kenexa 11 © 2007 KBACE Technologies, Inc.
- 12. …….and it Continues On July 1st, 2008 Taleo acquires Vurv 12 © 2007 KBACE Technologies, Inc.
- 13. Comprehensive eBusiness Suite Offering 13 © 2007 KBACE Technologies, Inc.
- 14. Gartner: What To Expect From Your System 14 © 2007 KBACE Technologies, Inc.
- 15. Oracle EBS Talent Management Suite A Comprehensive Talent Management System Business Process Modeler Portal, HR Intelligence, Web-based Self-Service Applications User Productivity Kit Collaboration Suite HR Intelligence/DBI Compensation Management Management Performance iRecruitment Succession Solutions Planning Planning Learning Career Competency/Profile Management Integration – Single Sign On, Workflow, Warehouse Core HRMS 15 © 2007 KBACE Technologies, Inc.
- 16. Strategies for Winning the War for Talent 16 © 2007 KBACE Technologies, Inc.
- 17. In the War of Talent….. Retention is your best Weapon 17 © 2007 KBACE Technologies, Inc.
- 18. Strategies for Winning 1. Give employees the tools they need to tell you what they know. - Track Skills/ Competencies - Track Education and Qualifications - Tool to create a “Working Resume” - Search Agents to proactively notify of new Openings 2. Give Recruiters the tools they need to find who is the best fit. - Suitability Matching - Candidate Pool that includes BOTH Internal and External sources. - Assessments - Blended search of Structured and Keyword - Search Agents to proactively notify of new Candidates 3. Streamline the New Hire/On Boarding process. 18 © 2007 KBACE Technologies, Inc.
- 19. Demo 19 © 2007 KBACE Technologies, Inc.
- 20. 20 © 2007 KBACE Technologies, Inc.
- 21. 21 © 2007 KBACE Technologies, Inc.
- 22. 22 © 2007 KBACE Technologies, Inc.
- 23. 23 © 2007 KBACE Technologies, Inc.
- 24. 24 © 2007 KBACE Technologies, Inc.
- 25. 25 © 2007 KBACE Technologies, Inc.
- 26. How can I tell how I am doing? 26 © 2007 KBACE Technologies, Inc.
- 27. Summary Business conditions and labor markets require a focus on talent management via a comprehensive and well-executed HCM strategy HCM technology plays a key role to deliver an integrated talent management strategy • Single, enterprise-wide system with a competency foundation • Integrated programs and business processes • Business intelligence Development and execution of Talent Management is accomplished in multiple phases, and every firm is at a different point 27 © 2007 KBACE Technologies, Inc.