The lowdown on talent acquisition

You don’t need to spend time in a management position or HR role to know that the right hire can make or break your team and impact your business; positively or negatively. Cost to the company and potential internal conflict are significant casualties if you have a big staff turnover. This is where a refined TA (talent acquisition) strategy and streamlined ATS (applicant tracking system) play key roles in your hiring pipeline.

At its core, talent acquisition is a long-term strategic process for an employer or HR team to analyze their specific employee needs in the context of their business goals. Sourcing quality, targeted candidates is complex and nuanced, which makes partnering or collaborating with a Talent Acquisition partner a proactive step to hiring the best. 

Talent Acquisition is an essential part of any successful business, ensuring that the right people are hired for the right positions at the right time. 

The greatest asset of a company is its people.” -Jorge Paulo Lemann (Co-founder, Banco Garantia)

3 Reasons to consider a talent acquisition strategy:

#1 Finding the right hire:

The right candidate is out there. Finding them – from a diverse and growing passive candidate pool – isn’t so easy. Talent acquisition is a longer-term human resource strategy, not just recruiting a candidate for now. A forward-thinking TA approach considers a potential candidate’s future career path within the organization. It is about growing people and growing your business. 

#2 Creating a positive culture:

A talent acquisition strategy promotes a culture of innovation and collaboration in an organization. The logic is simple: hiring the best talent (‘star players’) out there will foster ownership, passion and creativity which will automatically build into a company’s overall success and ROI (return on investment). 

#3 Fostering employee engagement and satisfaction:

An optimized talent acquisition strategy must align across departments to successfully focus on identifying, targeting and attracting the most qualified candidates for identified roles. 

When the best employees are hired for the right positions, they feel they have been chosen for their skill set and experience which immediately makes them feel more engaged and positively impacts their job satisfaction. This increases employee retention, productivity and morale. 

“Pleasure in the job puts perfection in the work.” –Aristotle 

(Clearly, the relationship between talent acquisition, job satisfaction and employee happiness is not such a novel idea). 

The success of your business depends on the talent acquisition process which involves multiple complex steps, including lead generation, attracting, interviewing and assessing top candidates, evaluating references, shortlisting the best candidates as well as hiring and onboarding. 

A specialist TA partner invests in human expertise and AI tools to develop your employer branding, company culture and key competitive differentiators and communicates that to prospective hires. By leveraging this partnership and resource, your HR team will have access to the best talent which is seamlessly integrated into your adaptive ATS pipeline. 

Empower your HR team and future-proof your business by streamlining and refining your ATS strategy with the right Talent Acquisition partner.