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KBACE iRecruitment Webinar
- 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.
- 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.
- 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.
- 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.
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- 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.