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Hiring future tech talent is no easy task. Such recruitment requires careful analysis of skills, knowledge and ethics, and although all these factors can be tested.
One of the biggest problems in the sector is having the right people available at the right time.
With the growth of the technology industry, talent shortage is becoming a serious problem mapping the talent landscape an essential practice for all companies in the sector. Let's take a closer look at some effective strategies, a proactive talent pipeline, and a few tips for mapping it.
What is talent mapping?
In short, talent mapping is a strategy used to circumvent the talent pool in an industry or geographic area. It's a great business tool that aligns human resources with an organization's roles, skill requirements, and potential talent shortages.
Talent mapping is also a great competitive tool that can give you a competitive edge, providing useful insights into how to make your objectives unique, which individuals competitors hire the most and the types of workplace bonuses they offer.
The most effective talent mapping strategies
Josh Bersin found that the companies with mature, established talent management programs experienced 26% more turnover per employee and 40% less voluntary turnover among their top performers than their peer companies. If recruiters want to build a quality talent map, they need to follow some key strategies:
Marketing research
Before collecting data or reaching out to potential candidates, the first and most important step is to research all niches. From internal company research to vacancies outside the market, and analyzing all trends and data about the labor market.
Database analysis
Data is a very powerful tool in business. By collecting and purchasing a number of databases, you can get a clear picture of your competitors, which is very useful if you want to reach the same candidates.
Data mining
Gather data about your existing candidates, what trends they are showing, how they respond to different influences, and identify which recruitment strategies have led to successful long-term hires in the past.
Networking
It may seem like an old-fashioned strategy, but it can be approached in a more modern way. For example, making connections and friends on social media and at various online conferences.
A proactive pipeline for talent mapping
Only 11% of the 500 executives worldwide believe that their organization's talent development programs are effective. While this metric is very poor, the process is quite simple if you have a proactive pipeline. Here are a few key steps that will help you stay at the forefront of talent acquisition:
- Identify critical talent roles. Map your company's missing talent roles. These can directly impact your customer satisfaction, product development and overall business efficiency.
- Reviews the talent pool. You need to review your current workforce, what skills work best in your business and what new qualifications you need.
- Develop relationships. Connect to your talent map and build relationships. This ensures that candidates are familiar with your brand and can step in to fill key positions as soon as a vacancy arises.
- Keep database up to date. Make sure all your talent position data is current and accurate so you can quickly find questions when a vacancy arises.
How to improve your technology talent landscape
The competition for top tech talent is heating up and the need for the best talent is at its peak. A big tip in the tech sector is to use artificial intelligence to identify talents and score the most gifted employees.
The use of artificial intelligence in recruitment is increasing, with 67% of recruitment professionals using AI-based tools for screening and shortlisting candidates. This method not only saves time for the recruiter, but also provides much more valuable insights during the process.
Conclusion
A good talent pool, with good mapping, requires tedious work. However, its major effects can significantly grow your technology business. Fortunately, today there are many tools and technologies powered by artificial intelligence that can manage the team easier, faster and more efficiently.