An article in Human Resource Executive Online has highlighted the need for global businesses to embrace technology to win the war on attracting and retaining the best talent. While unemployment has risen around the world, many industries still find it difficult to secure skilled people due to a mismatch between what companies want and what is available.
However, the article suggests that big data, social media and cloud-sourcing can help HR functions to build successful recruitment, performance management and workforce planning needs. It highlights new developments in software packages that can assess technical and behavioural skills of employees at all levels, while emphasising the importance of fully utilising social media and smartphone platforms in attracting the right people at the right time.
Technology and talent management at a local level
While these solutions can play a significant part in strategic HR initiatives, it’s just as important that recruitment at a local level is addressed. The article suggests that technology will enable companies of all sizes to move a greater proportion of work to their candidates of choice rather than move employees to work locations.
Businesses should also create a talent hub, which mark skills and expertise available in different work sites and across different countries. This strategy can take into account certain key features such as language skills, government subsidies to new business, natural resources and education levels. In developing this kind of hub, a company can be more targeted in its action plans to recruit, use and manage developing talent.
The article suggests that these kinds of innovations and technologies are vital to HR but also emphasises that those in the HR profession also need to use their natural expertise in recruiting and retaining to ensure that each organisation can build an effective talent hub that will deliver measurable results for the company.
Read the full article here: Fast Forward on HR Innovation.
