Next Generation Methodologies in Talent Acquisition

© 2007 – 2014 Spire Technologies & Solutions Pvt Ltd
Next Generation Tools & Trends in
Talent Acquisition

© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd.
This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.

Themes and signals visible in the wider
ecosystem
Diasporas : communities formed around
common interests are the new , emerging Talent
Networks that companies need to nurture to
attract people
Social Sourcing : tools to mine candidates’ social
footprint to create a 360 degree profile & assess
“ job fitment” based on social data
Visibility of an authentic ,relevant, end to end
Talent Brand …so you attract just the right people
A meaningful candidate experience of the brand
: ease of reach to recruiters, deep engagement,
swift turnaround time, pleasant and fair hiring
process .

How the Enterprise Talent Acquisition
System is changing
• Role transformation of recruiters to
Sourcing Specialists / Consultants
 Predictive Analytics in HR : intelligent
roadmap of Talent requirements based on
forecasted business needs. Real time
analytics aiding Hire: Train decisions &
future readiness
 Pre-hire assessment tools aiding job &
culture fit appraisal
 Selection of Staffing Outsourcing firms
based more on ability to deliver results &
value, adoption & use of innovative
approach and processes.

COST
QUALITY
TIMELINESS
RESULTS
….and innovating for continuous efficiency gains

BIGData&Analytics
Profiling the
Target
Segment
Channel
Matching &
Ranking
Demand : Supply
*Analytics to zero in
on relevant Talent
networks,
communities
*Reaching beyond
Job Boards to
Passive candidates
*Comprehensive
profile definition
aided by intelligent
analytics
*Defining sourcing
strategy basis
intelligent
segmentation
analysis
*Candidate Search :
Intelligent systems to
search thru the
universe of
unstructured data
* Match & Rank tools
for zeroing in on right
fit candidates
TA Process
Analytics
Hiring
Process
*Data Dashboards
for process control
: Cost, Schedule,
Quality.
*Data Analytics for
continuous
improvement of TA
function output
Recruitment Process Tooling
*On-line , secure
assessment tests
*Technology
aided i/v process
: webcam vs
audio
*Candidate
experience

ERP System
Applicant Tracking System
Spire TalentSHIP®
Accuracy in Demand-Supply Mapping >95%
Cycle Time Reduction Up to 40%
Cost Reduction Up to 50%
Panel Effort Reduction Up to 60%
Recruiter Effort Reduction Up to 60%
Vendor-based Sourcing <5%
Interview-to-Select Conversion Ratio >30%
Bench Reduction 5% of Warm Pool
Contextual Talent Availability & Cost Analytics
a

RoI Summary for an Australian Energy and Resources Consulting Company
Interview-To-Select Conversion
Ratio
8%  73%
Recruiter Effort Reduction
84%
Panel Effort Reduction
96%
Cost Reduction
60%
Cycle Time Reduction
40%
Instant Big Data Analytics and Contextual Enterprise
Search Platform Based Bi-directional Mapping
Highly Contextual Call/Email Based
Secondary Filtering

Spire Is A Big Data Technology Company
Unstructured and Structured Big Data
Contextual Search Platform
Contextual Demand-Supply Mapping
Current Focus on Talent Solutions
CRM, Market & Risk Intelligence Solutions in the Pipeline

1. Context Cloud™ – A tag-based framework
with tree and mesh structures intertwined
to define, store and evolve limitless
vertical and/or horizontal relationships
between entities and their attributes.
2. ContextMatch® – A self-learning rule-
based algorithm to perform multi-stage
match between multiple streams of Big
Data and complex Business Contexts to
derive relevant analytics & Context
Intelligence.
3. Snapshot™ - An application-level
information warehousing technique for
real-time audit and projection of trends
due to changes in Contexts against which
Big Data is analyzed
This document includes Highly Confidential Information of Spire Technologies & Solutions Pvt. Ltd.

DEVELOPED
BY HR
DELIVERED BY
TECHNOLOGY

Thank You
Learn more about Spire
www.spire2grow.com
engage@spire2grow.com
Spire2grow
#spire2grow& #spirian

Comparison Criteria Spire ContextMatch® & Search Other ERP/ATS Search
Search Using Tag-Tree & Mesh Framework™ Keyword-based
Match Context-based Keyword-based
Context Definition Limitless Vertical or Horizontal Parameters
(*Dynamic Run-Time User-defined Structures*)
Limited Fixed Parameters Dependent on Data
Table
Result Precision Results Match Context May Be Unrelated
Result Ranking & Sorting Relevance-based and User Defined Rule-based
Scoring
Primitive Ranking Based on Limited Fixed
Parameters
Search Speed High Speed Due to Context-based Indexing Depends on # of Keywords and Automatic
Indexing
Resume File Type Dependency All Resumes are Normalized Before Profiling Search engine works best on Docs, has issues
with PDFs
Search Tracking & Statistics Yes No
This document includes Highly Confidential Information of Spire Technologies & Solutions Pvt. Ltd.

Next Generation Methodologies in Talent Acquisition

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