Next Generation Methodologies in Talent Acquisition

© 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.


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 .


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.


COST

QUALITY

TIMELINESS

RESULTS

….and innovating for continuous efficiency gains


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



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


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


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



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.



DEVELOPED BY HR

DELIVERED BY TECHNOLOGY

Thank You Learn more about Spire

www.spire2grow.com

[email protected]

Spire2grow

#spire2grow& #spirian

http://www.spire2grow.com/

APPENDIX


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.

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