Tag Archives: Human Capital

Talent Mining – Unearthing Value in Human Capital Data

JIT Talent IdentificationThere are people in the HR/recruiting industry who believe that searching databases, the Internet, and social networking sites to source talent is relatively easy and that it can be automated through the use of technology.

While those people are actually right (to an extent), I am happy to say that unfortunately for them, it’s not that simple.

While anyone can manually write or automate basic searches and find some people, those searches only return a small percentage of the available talent that can be found and they also exclude qualified people. Moreover, there are actually many different levels of searching human capital data in the form of resumes, social media profiles, etc., most of which cannot be replicated or automated by software solutions available today.

In this post, I’m going to share my original slide deck from my SourceCon presentation on the 5 levels of talent mining that I delivered in DC at the Spy Museum (what an awesome venue for a sourcing conference!) and then I’ll dive deep into each distinct level, including examples. Continue reading

Talent42 Keynote: Building Talent Pipelines

 

Glen Cathey - Talent42In theory, building a talent “pipeline” sounds like an ideal strategy, ensuring that you always have a steady supply of the talent you’re looking for.

In reality, there are many issues with building talent pipelines, and they all “leak” extensively.

I recently delivered the closing keynote at the always excellent Talent42 technical recruiting conference where I explored the core issues associated with building talent pipelines, proposed that talent acquisition is essentially responsible for managing a company’s human capital supply chain, and challenged the audience to see that the “war for talent” is really a supply chain management competition.

If you have a difficult time seeing the parallels between talent acquisition and supply chain management, take a look at the definition of supply chain management according to the CSCMP (Council of Supply Chain Management Professionals): “Supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management…It also includes the crucial components of coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers.”

Talent acquisition certainly involves the planning and management of all activities involved in sourcing, procuring/converting candidates and all associated logistics – as such, I believe HR/recruiting organizations need to leverage proven production and supply chain management principles (e.g., Lean, kanban, Just-In-Time, etc.) in their recruiting processes and strategies to gain competitive advantages.

Unfortunately, many companies seem to be very late to the game in this regard. As the ultimate owners of talent acquisition, HR/recruiting should be the experts in human capital supply chain management and processes, leading innovation in this space. However, I have found several examples of global I.T. professionals innovatively leveraging Lean principles to recruit people for their own teams and to manage recruiting processes that should serve as a serious wake-up call to HR/recruiting organizations.

If you’re curious about the core problems associated with proactively building talent pipelines and would like to learn about the many benefits of applying lean principles to the recruiting process, including reducing the “7 deadly wastes,” employing kanban and enabling Just-In-Time delivery, take some time to navigate through the Slideshare below.

My live presentation deck was comprised mostly of images, so I’ve published a modified version that can be consumed without the benefit of hearing me speak to the concepts.

Enjoy, and please do share your thoughts.

Talent Sourcing: Man vs. AI/Black Box Semantic Search

Back in March 2010, I had the distinct honor of delivering the keynote presentation at SourceCon on the topic of resume search and match solutions claiming to use artificial intelligence in comparison with people using their natural intelligence for talent discovery and identification.

Now that nearly 2 years has passed, and given that in that time I’ve had even more hands-on experience with a number of the top AI/semantic search applications available (I won’t be naming names, sorry), I decided it was time to revisit the topic which I am very passionate about.

If you’ve ever been curious about semantic search applications that “do the work for you” when it comes to finding potential candidates, you’re in the right place, because I’ve updated the slide deck and published it to Slideshare. Here’s what you’ll find in the 86 slide presentation:

  • A deep dive into the deceptively simple challenge of sourcing talent via human capital data (resumes, social network profiles, etc.)
  • How resume and LinkedIn profile sourcing and matching solutions claiming to use artificial intelligence, semantic search, and NLP actually work and achieve their claims
  • The pros, cons, and limitations of automated/black box matching solutions
  • An insightful (and funny!) video of Dr. Michio Kaku and his thoughts on the limitations of artificial intelligence
  • Examples of what sourcers and recruiters can do that even the most advanced automated search and match algorithms can’t do
  • The concept of Human Capital Data Information Retrieval and Analysis (HCDIR & A)
  • Boolean and extended Boolean
  • Semantic search
  • Dynamic inference
  • Dark Matter resumes and social network profiles
  • What I believe to be the ideal resume search and matching solution
Enjoy, and let me know your thoughts.

Human Capital Data Analysts – Sourcing Samurai

What’s The Sexiest Job in Recruiting?

I recently read this excellent post on the Google blog written by Jonathan Rosenberg, SVP, Product Management at Google, and I was especially excited to read this:

“Hal Varian likes to say that the sexy job in the next ten years will be statisticians. After all, who would have guessed that computer engineers would be the cool job of the 90s? When every business has free and ubiquitous data, the ability to understand it and extract value from it becomes the complimentary scarce factor. It leads to intelligence, and the intelligent business is the successful business, regardless of its size. Data is the sword of the 21st century, those who wield it well, the Samurai.”

Hal Varian gets it.

Google gets it.

So Why Don’t People in Recruiting and HR?

What am I talking about? That the ability to understand and extract value from data (human capital data in recruiting) is the scarce factor and it leads to intelligence and success in business.

***Note***

This post was originally published in March 2009 – when pretty much no one read my blog. now that I have a few more readers, I’ve decided to modify and update the original post, which you can read here.