Nobody has time for fake trends, especially recruiters. Jonathan Kestenbuam, Managing Director of Talent Tech Labs, is here to separate myth from reality.

1. THE TRUTH ABOUT CATS & DOGS
What You MUST Know
About Talent Acquisition
Today

3. Customer Goals
© 2019 OutMatch. All rights reserved.
3
Our products touch nearly 15%
of the U.S. workforce annually
OutMatch is the leader in predictive talent analytics

4. From First Look To First Day
Jobvite is the first recruiting platform that
spans the entire candidate journey.

6. April 23, 2019
New York
TRENDS IN TALENT ACQUISITION TECHNOLOGY
SEPARATE HYPE FROM REALITY

7. REALITY

8. JONATHAN KESTENBAUM
MANAGING DIRECTOR | TALENT TECH LABS
Lawyer
Entrepreneur
Investor
Professor
THIS IS ME
8

9. AS THE FOREMOST THOUGHT LEADER IN THE EMERGING TALENT ACQUISITION
TECHNOLOGY SPACE, OUR MISSION IS TO FOSTER INNOVATION, AND THOROUGH
COLLABORATION TO ACCELERATE TECHNOLOGIES TO ADOPTION TO IMPROVE
THE STATE OF THE ART IN RECRUITMENT
9
THIS IS TALENT TECH LABS

10. 10
WE TRACK THOUSANDS OF COMPANIES

11. 11
BUYERS SCORE COMPANIES

12. 12
THIS ALLOWS US TO IDENTIFY TRENDS

13. 13
THE ECOSYSTEM

14. HYPE

15. 1

16. THE TALENT ACQUISITION
ENGAGEMENT MODEL HAS
EVOLVED

17. 17
INSIGHT: WE ARE GOING THROUGH A TRANSFORMATION
REQS PEOPLE

18. CAREER SITES
CANDIDATE
RE-ENGAGEMENT
CRM
18
ILLUSTRATIVE EXAMPLES ENGAGEMENT

19. 19
2
3
4
5
1 Unaware
Reactive
Proactive
Active
Steady State
YOU ARE ON AN INNOVATION CYCLE

20. BE AHEAD OF THE CURVE

21. 21
TAKE ACTION
❖ Why: A 22% increase in utilization of CRMs at the enterprise level. 44% of all
companies reported use of a CRM, with the majority of growth coming from
large enterprises.
❖ When: Now
❖ How: Look at Career Sites, CRM, Candidate Re-engagement

22. 2

23. MATCHING TECHNOLOGY IS
GETTING BETTER DUE TO
ADVANCES IN ARTIFICIAL
INTELLIGENCE

24. 22%
5%
YES
NO
NOT NOW
73%
24
WHAT DOES THE DATA SAY

25. Machine
Learning
Natural Language
Processing
Deep
Learning
Leveraging Neural
Networks 25
ASPECTS OF AI IN USE TODAY

26. Matching
Recommendation Engine
Predictive Analytics
Contextual Language Recognition
Facial Recognition
Voice Recognition
Writing Recognition
26
SERVICES AI IS DELIVERING

27. MATCHING
SYSTEMS
27
ILLUSTRATIVE EXAMPLES MATCHING

28. BE AHEAD OF THE CURVE

29. 29
TAKE ACTION
❖ Why: We see Matching Systems have the greatest room for growth with a
current foothold of only 12%. For recruiters who are overwhelmed with too
many resumes to review, and for those who can’t find candidates buried deep
within their ATS, matching systems promise tremendous relief.
❖ When: After you have an ATS and CRM
❖ How: Look at Matching Systems

30. 3

31. BOTS ARE NOT DOING A GOOD
JOB AT ARTICULATING VALUE

32. CHAT
VOICE
VIDEO
32
ILLUSTRATIVE EXAMPLES BOTS

33. BE AHEAD OF THE CURVE

34. 34
TAKE ACTION
❖ Why: TTL predicts massive growth in the adoption of Bots. Today just 8% of
companies report deploying bots and adoption was recorded mostly at large
and medium-sized businesses.
❖ When: After you have a CRM
❖ How: Look at Bots

35. 4

36. ASSESSMENTS ARE BEING
ADOPTED FOR ENTRY LEVEL
ROLES

37. SKILL BASED
ASSESSMENT
BEHAVIORAL BASED
ASSESSMENT
SIMULATION BASED
ASSESSMENT
37
ILLUSTRATIVE EXAMPLES ASSESSMENT TOOLS

38. BE AHEAD OF THE CURVE

39. 39
TAKE ACTION
❖ Why: Assessment tools are being more widely adopted in recent years.
Adoption of skill and behavioral assessments have each penetrated about
50% of the market.
❖ When: After you have an ATS and CRM
❖ How: Look at Simulation-based Assessments, Skill Assessments, Behavioral
Assessments

40. 5

41. FREELANCE PLATFORMS HAVE
EMERGED TO SERVICE A NEW
CATEGORY OF TALENT

42. 42
THE TECHNOLOGY INVOLVED
YOUR COMPANY
FREELANCE
MANAGEMENT SYSTEM
VENDOR
MANAGEMENT
SYSTEM
FREELANCER#1 FREELANCER#5
FREELANCER#3 FREELANCER#6
FREELANCER#2 FREELANCER#17
FREELANCER#8 FREELANCER#4
STAFFINGFIRM #1 STAFFINGFIRM #5
STAFFINGFIRM #3 STAFFINGFIRM #6
STAFFINGFIRM #2
STAFFINGFIRM
#17
STAFFINGFIRM #8 STAFFINGFIRM #4
TEMPORARYLABOR
MARKETPLACE

43. FREELANCE
MANAGEMENT SYSTEMS
43
ILLUSTRATIVE EXAMPLES FREELANCE

44. BE AHEAD OF THE CURVE

45. 45
TAKE ACTION
❖ Why: In the right scenarios, TTL see’s massive growth coming for Freelance
Platforms, as they only penetrate 5% of the market currently.
❖ When: After you master full-time hiring
❖ How: Look at Freelance Management Systems

46. TAKEAWAYS

47. 47
TAKEAWAYS
PEOPLE: The process is tech AND touch, people need to engage and
technology compute.
PROCESS: Depending on where you are on the innovation cycle you
need to focus on leveraging certain technology first.
TECHNOLOGY: Focus on solving your business problem and don’t
get distracted by features and functionality.

48. LET’S COLLABORATE

49. PROCUREMENT
STAGE
PLANNING SELECTING NEGOTIATING IMPLEMENTING
CAPABILITY
GUIDE
BUSINESS VALUE
CALCULATIONS
49
WE CREATE RESEARCH REPORTS

50. 50
WE DELIVER WISDOM
WISDOM
KNOWLEDGE
INFORMATION
DATA
Analyst Time
Research Reports
Free Content
Blog Posts

51. TACTICAL SUPPORT
Assessment - Assessment of current
technology stack with benchmarking from similar
buyers.
Trend Update - Executive briefing on talent
acquisition technology trends. Ideally meant for the
full Talent Acquisition team.
Executive Briefing - Executive briefing on any
talent acquisition technology topic.
Vendor Bake off - Deep dive into a particular
business problem with live demos from vendors.
Research Purchase - Purchase a report
focused on a specific area of TA tech.
ONGOING STRATEGIC SUPPORT
Continuing Education - Our online research portal that
houses 5 years worth of research to provide guidance and
depth to TA teams to keep their knowledge relevant of the
space.
Decision Support
● Advisory Hours - Subject Matter Experts available to
help across the decision-making process from discovery
to buying
● Provider Snapshots - Saving time but narrowing
your focus to the solution providers that address your
challenge
Collaboration - Having a diverse group, makes all of us
smarter. Twice a year gather to share/gain insights from each
other and discuss what’s t come. Shape future innovation to
your needs.
WE OFFER ADVISORY SERVICES

52. QUESTIONS

53. 307 West 38th Street #1301
New York, New York 10018
Address
J@talenttechlabs.com
(516) 567-5665
www.talenttechlabs.com
Phone & Email
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Social Media
CONTACT DETAILS