Talent Acquisition Trends Strategies
During the last decade of economic expansion, organizations have focused on finding the right talent to drive business growth. Recruiting has gotten harder with record-low unemployment rates and skills shortages in many technical areas. Leading to an escalating war of employment brands, recruitment marketing campaigns, and artificial intelligence driven tools to deliver recruiting excellence. The accelerating adoption of automation is creating intense demand for technical skills that don’t widely exist in today’s workforce. There are three main sources of capabilities that can be leveraged strategically. That is; organizations should look much more strategically at moving current employees into available opportunities, implement “alternative workforce”, and to find more qualified talent by leveraging new technology. In addition, a large proportion of this year’s Global Human Capital Trends survey respondents see the role of technology increasing across a range of recruiting processes over the next three years. The war of talent is raging more fiercely than ever. To win requires more than execution; it demands reinvention; the talent acquisition mindset. To do this, organizations should rethink how to access existing internal talent by taking advantage of advanced technologies like AI.