How Does Talent Acquisition Impact Your Organization?

Top Tips for Hiring

Talent acquisition is here to stay

“Human potential is the only asset that has never been deprecated throughout history” says a quote from Thomas Gouttmans  Mindbook. How true those words are. No machines, however complex they are, can completely replace humans and human expertise. Therefore organizations would need talent acquisition even in to the future. Your acquisition of talent will surely have a tremendous impact on your organization, either for good or bad. The impact is determined by the choices you make.

Converts organizations from being railway platforms to real organizations

Some organizations are like railway stations. The momentum of the candidate’s walk-in is equally proportional to the candidates who walk-out.  It might seem difficult to keep the candidates satisfied and happy to work with your organization.  One thing that needs to be realized is that for the ending to be good, the starting should be good. That is where talent acquisition comes to play.

Talent acquisition communicates the roles and responsibilities and hopes and expectations clearly to the candidates. Being transparent in such matters will fetch you candidates who are not surprised or overwhelmed with the deadline driven work ethics at your organization. It helps the candidates to make an informed decision. And such candidates tend to stick on for a longer time and are loyal to your organization.

Builds your brand name by burning down the thorny fence

Thorny fence might seem to ward off predators. But in the process it might drive away those insects that benefit a great deal. Some organizations might have a reputation like that of a repelling thorny fence. Talent acquisition will help your organization with building the organization’s brand name. They can plan campaigns to attract the right candidates. They could post attractive job offers and incentives revealing the serenity of working with your organization. They will help you to burn down the thorny fence like image and replace it with attractive information that would fetch you candidates who would want to work and stay in the organization.

It will help the organization to stay ahead of the competition

In the rowing race, each member of the crew needs to row the boat skillfully for the boat to stay ahead in the competition. The same goes with the organization. For the organization to have a competitive edge, each of the employees should pitch in with all his expertise. This is where the right fit of the candidate comes in.

What makes the difference in acquiring the right talent? There is a difference between filling the position and finding the candidate who fits the position. Talent acquisition will help the organization find and keep the desired employees. Thereby the organization is given an edge over all its competitors.

Wise investment is a great saving

There are two types of cost risks, one is unfilled roles and the second is unfit roles. Unfilled roles would mean a loss of productivity. Loss of productivity directly translates into a loss of profit.  Talent acquisition fills in those roles without time delay.

Secondly, talent acquisition acquires built up talent, not trainees. Having a team full of employees who do not require training, who can go to work right from day one is a surely a saving on revenue. Therefore acquiring the right fit candidate and hiring them quickly increases productivity and contributes to the financial health of the organization.

The impact of talent acquisition cannot be underestimated. Surely it has a great impact on the overall working of the organization and its brand name.

Written by Pankaj Jha

Executive Recruiting Leader, Talent Sourcing Specialist, Talent Identification Adviser, Vendor Management Specialist -Talent Acquisition, Recruitment Consultant, Senior Talent Acquisition Professional, Head Hunting Professional