Tag Archives: talent discovery

Is Finding and Recruiting Top Talent Really Your #1 Priority?

Do these quotes sound familiar?

  • “People are our greatest asset.”
  • “The only real sustainable competitive advantage of any company is the recruitment and retention of great people.”
  • “Talent is our #1 priority as a company.”
  • “Your technologies, products and structures can be copied by competitors, but your people can’t be.”
  • “No matter what kind of business you are in, having the right people determines your company’s success or failure.”
  • “The ability to find and hire the right people can make or break your business. It is as plain as that. No matter where you are in the life cycle of your business, bringing in great talent should always be a top priority.” – Michael Dell

How many times have you read or heard something similar?

The ubiquitous “people are our greatest asset” sentiment sounds good, and no doubt feels good to say, but whenever I hear or read it, the first question that comes to my mind is “What are you doing to ensure that you are identifying and acquiring the right people?”

If you believe that finding and acquiring top talent is your #1 priority, then I have a few questions for you.

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Talent Mining and the Future of Sourcing and Recruiting

Many people equate sourcing candidates with simply creating and running Boolean search strings.

In my opinion and experience, Boolean search neither adequately describes nor gives proper credit to what sourcers and recruiters are really doing when they leverage the Internet, resume databases, ATS/CRM applications and social networking sites such as LinkedIn to find candidates, and to what some very talented and highly skilled professionals are able to accomplish with human capital data.

I had the distinct honor of delivering the keynote presentation at SourceCon 2010 which was held at the International Spy Museum in Washington, DC. I spoke about a specialized form of information retrieval and text/data mining which I call talent mining, defined as querying and analyzing human capital data for talent discovery, identification, and ultimately acquisition.

At the strategic level, talent mining is the process of transforming human capital data into an informational and competitive advantage – much more than simply writing Boolean search strings. Continue reading

Why Do So Many ATS Vendors Offer Poor Search Capability?

JIT Talent IdentificationThis question has been burning in my mind for quite some time – why is it that so many ATS/recruiting CRM vendors offer poor or limited candidate search functionality? I’m not talking about ATS vendors you’ve never heard of – I’m talking about some of the biggest names in Applicant Tracking/Candidate Relationship Management applications.

I’m well aware that ATS’s serve many critical functions beyond searching for the candidates contained within them, but let’s pull no punches here – you can’t hire someone, or begin to automate candidate relationship management with someone you haven’t FOUND in the first place. And just because a candidate is buried somewhere in your database, it doesn’t mean you’ve actually found them (or can find them when you want or need to).

The bottom line is that data is of little to no value if you can’t retrieve the information you want, when you need it. What is the point of storing human capital data if you can’t precisely retrieve exactly what you want, when you want it? Continue reading