The world of talent acquisition is changing. A quick look at how:

 

 

  • In the last few years, clients are much more strategic when choosing talent partners. Most now have some version of internal talent acquisition or talent management expertise.
  • Finding and attracting top talent is changing. The days of a search professional being great because of his/her rolodex is out of date.
  • Organizations are getting better at recognizing what “good”  looks like, understand the power of behavioral interviews, and hiring leaders are engaged participants with human resources.
  • Companies are investing capital in internal talent functions including human capital and talent tools and examining ROI
  • The business model for retained search firms, contingent firms, and RPO’s is changing-  those who can adapt and do things differently will succeed.
  • LinkedIn is similar to Monster 15 years ago. It is one of many new tools to address a new level of expectation from candidates and clients. Those tools are only as good as the end users.
  • Those talent partners who can change, acknowledge the need for change, and become client driven execution firms vs. sales organizations will be the future of talent acquisition.