by
Sailesh Hota, Varun Malik, Shikhar Agrawal, Varisha Jain
The volatile business environment in the post-pandemic landscape has affected organizational abilities for talent acquisition planning and decision-making processes. A fluctuating talent market has increased layoffs in some organizations, while many others struggle to find workers for niche and skilled roles. Amid this turmoil, HR and talent acquisition leaders have been forced to rethink their Talent Acquisition (TA) and workforce management practices, and redesign their strategies to attract, source, engage, and retain candidates. The talent landscape offers a unique interplay of challenges and opportunities, including the chance to streamline TA processes by adopting the emerging trends and themes in the TA market.
Everest Group and Sevenstep collaborated to conduct a research focusing on the smart trends and themes that are impacting talent and business leaders in this volatile environment. They are presenting the findings over a series of two viewpoints that discuss three broad smart trends:
Innovations in talent analytics
Agile TA practices for volatile conditions
Removing barriers to the contingent workforce
The first report in the series delves into the innovations in talent analytics and provides HR and TA leaders with approaches to incorporate these practices within their organizations. The research leverages IP and data from a survey of more than 150 senior HR and TA leaders across locations, industries, and organization sizes.