State of Talent Acquisition: A Crisis of Missed Opportunities
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Hiring organizations, lacking top talent to drive business growth, often blame their misfortune on a talent shortage. But our research shows that, while a talent shortage may acerbate the problem, organizations are engulfed in a crisis of missed opportunities. They largely operate without a talent acquisition strategy, and ignore – or under-utilize – leading practices and emerging technologies that can attract high-quality talent that possess the business acumen and innovation that can fuel explosive growth.
Our research shows that only 10% of the organizations surveyed have a clear talent acquisition strategy that aligns with business goals and integrates with talent management strategies. Three-quarters (75%) are either in the developmental (46%) or casual (29%) stages of their talent acquisition practice. Consequently strategies and metrics are not robust, and at times ad hoc.
Critical Calls to Action
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