Five Reasons Why Machine Learning Needs To Make Resumes Obsolete
Hiring companies nationwide miss out on 50% or more of qualified candidates and tech firms incorrectly classify up 80% of candidates due to inaccuracies and shortcomings of existing Applicant Tracking Systems (ATS), illustrating how faulty these systems are for enabling hiring. It takes on average 42 days to fill a position, and up to 60 […]
How To Close The Talent Gap With Machine Learning
80% of the positions open in the U.S. alone were due to attrition. On an average, it costs $5,000 to fill an open position and takes on average of 2 months to find a new employee. Reducing attrition removes a major impediment to any company’s productivity. The average employee’s tenure at a cloud-based enterprise software […]
Applications Integration — Core HR And Talent Management
There is a tremendous need for deep and robust integration between the traditional HRMS processes,
being built organically, on top of a common architecture and object model. The heyday for standalone talent management suites is over.
Why I’m Against Succession Planning at Startups
I have to admit I’m not a fan of succession planning in general, at startups in particular, and especially when the successee is involved in the process. Why? Because the process quickly ends up presumptuous and political. In my experience, the successee is more concerned with being a “good guy” on the way out than […]
An HR business model for Millennials
Innovation requires rethinking how we do business. Here is a proposed approach for HR to re-examine how it serves the needs of Millennial workers.
Where did the ‘Human’ in Human Resources go?
Twice in my career, I’ve hired Connie Laughlin. She’s a great HR and Resource Management executive. Interestingly, her last employer has had to downsize and now she’s on the other side of the fence. Instead of hiring others, she’s the one looking for a job. And, she’s noticed something I’ve heard a lot about lately: […]
The Bell Tolls for Old HR and Recruiting Processes
Identified was bought by Workday and Monster acquired Gozaik and TalentBin. Smart market watchers should be asking “Why” these deals were done and what these deals could do to recruiting/HR vendors, competition and the companies that would benefit from re-imagined HR processes.
Time is the Enemy of HR (and its Employers)
HR Processes Are Stuck in First Gear – Still Most HR functions have been automated. Tedious, labor-intensive activities such as payroll calculations and benefits administration were automated years ago through combinations of tools such as ERP technology, IVR, standalone HR solutions, etc. For the most part, most HR solutions in use today are still at […]
Future of Talent Management – The Economy, Workers, etc. Have Changed Things
This Fall, Ann Blakely (of Baker Tilly Consulting) and I interviewed a number of HR executives. We had a half dozen or so HR hypotheses we wanted to examine in this changing economy. For example, was a resurging economy creating more emboldened and mobile workers and how were firms dealing with this? New Joint Report […]
PUREs (Previously Undetected Recruiting Errors) & how to stop them
Preventing Recruiting Mistakes in the First Place PUREs (Previously Undetected Recruiting Errors) have bedeviled employers forever. I’ve hired some and yet I’m one of the most inquisitive and discerning employers you’d ever have the opportunity to meet. I really want to know a candidate, at a deep level, as I abhor negative surprises at a […]
