HRO Today December 2017 - 60

Talent Acquisition
for data collection, which can detrimentally affect
decision-making. Data extracted from applicant tracking
systems (ATSs) is a good place to start. " This data has
been integral in the ability to create actionable plans
in order to avoid risk, reduce time-to-fill, increase the
effectiveness of direct sourcing efforts, and improve
hiring manager satisfaction, " says Richardson.
One
in five
employees report career
advancement opportunities
as a reason for leaving
their current role.
Source: SHRM
When used effectively, data can be applied to solve
a full range of hiring and succession challenges.
" Comprehensive hiring data enables the RPO [provider]
to strengthen the value added to the organization by
guiding forecast accuracy and objective prioritization for
optimizing performance of workforce management, "
explains Senior Human Resources Operations Manager of
the Children's Hospital of Philadelphia, Karen Feeney.
The best data in the world is useless unless presented in
relevant and actionable methods, explains Richardson. A
dashboard should provide TA teams with a customized
view of positions based on data and report trends
tracked over time.
Richardson shares that organizations should strive
to automate as much of the data collection process
as possible to ensure the integrity of the data. Vital
data points can be lost when using manual processes
[60]
HRO TODAY MAGAZINE
| DECEMBER 2017
Data should also be used for forecasting future
vacancies. " By framing the picture of what organizational
performance versus demand really looks like across the
organization/market, based on a data-driven, behavioralbased
forecast, the RPO [provider] helps operational
leaders see immediate solutions as well as envision a
more strategic long-term plan for attracting, retaining,
and productively leveraging labor resources, " explains
Feeney.
Effectively planning for talent gaps allows organizations
to be dynamic and ready for change, paving the way for
easy transitions. " Carefully tracking employment levels by
position, geography, and tenure means that turnover can
be anticipated, giving leadership the chance to mitigate
the impact, " says Richardson. " If turnover is inevitable,
having data around what recruiting strategies work best
means you are able to get ahead of turnover, maintain
talent pipelines, and restore employment levels as quickly
as possible. "
Communication is also a vital component to effectively
leveraging data. " Collaboration of cross-functional
leaders is critical in the development, delivery, and review
of RPO data, planning and performance for progressive
and celebrated results, " says Feeney.
Predictive analytics and machine learning, which
can provide key information around candidate and
employee behavior, is continuing to play a larger role
in the succession and hiring landscape. " Ranking and
scoring candidates against predetermined, weighted job
requirements (to determine the quality of the candidate)
is just the beginning. Today, HR leaders are able to
use job-response optimization to create effective job
postings and leverage macroeconomic data to improve
candidate quality, talent pipeline planning, and resource
allocation, " says Richardson.
" Good data is the first step in creating processes that
work, " says Richardson. With the right data, metrics, and
planning in tow, organizations can ensure an effective
succession and hiring strategy with the best results.

HRO Today December 2017

Table of Contents for the Digital Edition of HRO Today December 2017

HRO Today December 2017 - 1
HRO Today December 2017 - 2
HRO Today December 2017 - 3
HRO Today December 2017 - 4
HRO Today December 2017 - 5
HRO Today December 2017 - 6
HRO Today December 2017 - 7
HRO Today December 2017 - 8
HRO Today December 2017 - 9
HRO Today December 2017 - 10
HRO Today December 2017 - 11
HRO Today December 2017 - 12
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HRO Today December 2017 - 15
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HRO Today December 2017 - 17
HRO Today December 2017 - 18
HRO Today December 2017 - 19
HRO Today December 2017 - 20
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HRO Today December 2017 - 37
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