Post on 23-Dec-2014
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© 2007 – 2014 Spire Technologies & Solutions Pvt Ltd
Next Generation Tools & Trends in Talent Acquisition
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
Themes and signals visible in the wider ecosystem Diasporas : communities formed around common interests are the new , emerging Talent Networks that companies need to nurture to attract people Social Sourcing : tools to mine candidates’ social footprint to create a 360 degree profile & assess “ job fitment” based on social data Visibility of an authentic ,relevant, end to end Talent Brand …so you attract just the right people A meaningful candidate experience of the brand : ease of reach to recruiters, deep engagement, swift turnaround time, pleasant and fair hiring process .
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
How the Enterprise Talent Acquisition System is changing • Role transformation of recruiters to
Sourcing Specialists / Consultants Predictive Analytics in HR : intelligent
roadmap of Talent requirements based on forecasted business needs. Real time analytics aiding Hire: Train decisions & future readiness
Pre-hire assessment tools aiding job &
culture fit appraisal Selection of Staffing Outsourcing firms
based more on ability to deliver results & value, adoption & use of innovative approach and processes.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
COST
QUALITY
TIMELINESS
RESULTS
….and innovating for continuous efficiency gains
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
BIG
Dat
a &
An
alyt
ics
Profiling the Target
Segment
Channel
Matching & Ranking
Demand : Supply
*Analytics to zero in on relevant Talent networks, communities *Reaching beyond Job Boards to Passive candidates
*Comprehensive profile definition aided by intelligent analytics *Defining sourcing strategy basis intelligent segmentation analysis
*Candidate Search : Intelligent systems to search thru the universe of unstructured data * Match & Rank tools for zeroing in on right fit candidates
TA Process Analytics
Hiring Process
*Data Dashboards for process control : Cost, Schedule, Quality. *Data Analytics for continuous improvement of TA function output
Recruitment Process Tooling
*On-line , secure assessment tests *Technology aided i/v process : webcam vs audio *Candidate experience
ABOUT SPIRE IP & ADVANTAGE
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
ERP System
Applicant Tracking System
Spire TalentSHIP® Accuracy in Demand-Supply Mapping >95%
Cycle Time Reduction Up to 40%
Cost Reduction Up to 50%
Panel Effort Reduction Up to 60%
Recruiter Effort Reduction Up to 60%
Vendor-based Sourcing <5%
Interview-to-Select Conversion Ratio >30%
Bench Reduction 5% of Warm Pool
Contextual Talent Availability & Cost Analytics a
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
RoI Summary for an Australian Energy and Resources Consulting Company
Interview-To-Select Conversion Ratio
8% 73%
Recruiter Effort Reduction
84%
Panel Effort Reduction
96%
Cost Reduction
60%
Cycle Time Reduction
40%
Instant Big Data Analytics and Contextual Enterprise Search Platform Based Bi-directional Mapping
Highly Contextual Call/Email Based Secondary Filtering
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
Spire Is A Big Data Technology Company
Unstructured and Structured Big Data
Contextual Search Platform
Contextual Demand-Supply Mapping
Current Focus on Talent Solutions
CRM, Market & Risk Intelligence Solutions in the Pipeline
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
1. Context Cloud™ – A tag-based framework with tree and mesh structures intertwined to define, store and evolve limitless vertical and/or horizontal relationships between entities and their attributes.
2. ContextMatch® – A self-learning rule-based algorithm to perform multi-stage match between multiple streams of Big Data and complex Business Contexts to derive relevant analytics & Context Intelligence.
3. Snapshot™ - An application-level information warehousing technique for real-time audit and projection of trends due to changes in Contexts against which Big Data is analyzed
This document includes Highly Confidential Information of Spire Technologies & Solutions Pvt. Ltd.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
DEVELOPED BY HR
DELIVERED BY TECHNOLOGY
Thank You Learn more about Spire
www.spire2grow.com
engage@spire2grow.com
Spire2grow
#spire2grow& #spirian
APPENDIX
© 2007 – 2014 Spire Technologies & Solutions Pvt. Ltd. This document includes Proprietary Information of Spire Technologies & Solutions Pvt. Ltd.
Comparison Criteria Spire ContextMatch® & Search Other ERP/ATS Search
Search Using Tag-Tree & Mesh Framework™ Keyword-based
Match Context-based Keyword-based
Context Definition Limitless Vertical or Horizontal Parameters (*Dynamic Run-Time User-defined Structures*)
Limited Fixed Parameters Dependent on Data Table
Result Precision Results Match Context May Be Unrelated
Result Ranking & Sorting Relevance-based and User Defined Rule-based Scoring
Primitive Ranking Based on Limited Fixed Parameters
Search Speed High Speed Due to Context-based Indexing Depends on # of Keywords and Automatic Indexing
Resume File Type Dependency All Resumes are Normalized Before Profiling Search engine works best on Docs, has issues with PDFs
Search Tracking & Statistics Yes No
This document includes Highly Confidential Information of Spire Technologies & Solutions Pvt. Ltd.