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Winning the War for Talent
with Holistic Talent Management
Tim Kelleher
KBACE Technologies
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© 2007 KBACE Technologies, Inc.
Agenda
• Introduction
• The War for Talent
• Point Solution Viability
• Strategies for Winning the War for Talent
• How do I get budget approval? (ROI)
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The Perfect Storm
for Holistic Talent Management
Impending
Talent Shortage
Point Solution
Viability
Comprehensive
eBusiness Suite Offering
3
 Leadership
How to Fill the Talent Gap

By DOUGLAS A. READY and JAY A. CONGER
September 15, 2007; Page R1
 It's no secret that global companies are finding it harder to fill critical jobs
these days. They're struggling to land top recruits in emerging markets, for
instance, and haven't prepared people in their own ranks to step seamlessly
into management slots.
 Companies are racing to find solutions, but most of them are making a crucial
error: They're treating these problems as separate issues. At most
multinationals, a host of problems in recruiting and developing talent are
converging to create a perfect storm -- a crisis that could derail the
company's growth strategies.
 To meet the challenge, companies must rethink how they hire, train and
reward their employees, placing those tasks at the heart of their business
plans. In doing so, they have an opportunity to address all these separate
problems with a unified plan, rather than waste time and resources attacking
each of the issues individually.
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The Impending Talent Shortage
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Everyone is concerned about talent.
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Baby Boomers retiring…
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Higher Education Flat Lining
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Equal Shortage of Skilled Workers
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Point Solution Viability
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Point Solution Viability
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Recruitmax (now Vurv) buys CCH KnowledgePoint
Workstream buys PeopleView
Authoria buys Advanced Information Management
Resumix acquired by Yahoo and now no longer supported.
iSearch out of business
Restrac became Web Hire. Web Hire was acquired by Kenexa
Personic went out of business and became Xperius
Xperius was later acquired by UniCru
UniCru was then aquired by Kronos
Hire.com was acquired by Authoria
BrassRing was acquired by Kenexa
…….and it continues
On July 1st, 2008 Taleo acquires Vurv
As the economy continues to struggle who will be the
next point solution to be bought or just close its doors forever?
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Comprehensive eBusiness Suite Offering
13
Gartner: What To Expect From Your System
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Compensation
Solutions
Learning
Management
Succession
Planning
Career
Planning
Performance
Management
iRecruitment
HR Intelligence/DBI
Collaboration Suite
Portal, HR Intelligence, Web-based Self-Service Applications
User Productivity Kit
Business Process Modeler
Oracle EBS Talent Management Suite
A Comprehensive Talent Management System
Competency/Profile Management
Integration – Single Sign On, Workflow, Warehouse
Core HRMS
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Strategies for Winning the War for
Talent
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In the War of Talent…..
Retention is your best Weapon
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Strategies for Winning
Give employees the tools they need to tell you what they know.
-
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Track Skills/ Competencies
Track Education and Qualifications
Tool to create a “Working Resume”
Search Agents to proactively notify of new Openings
Give Managers the tools they need to tell employees what is necessary.
-
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Performance Appraisals
Skills/Gap Analysis
Learning Paths
Compensation Workbench
Tracking Skills
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Tracking Skills
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Tracking Education & Qualifications
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Create a working resume
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Search Agents = Proactive Notification
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Give Recruiters the tools they need to find who is the best fit.
-
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Suitability Matching
Candidate Pool that includes BOTH Internal and External sources.
Assessments
Blended search of Structured and Keyword
Search Agents to proactively notify of new Candidates
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Find Candidates
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Internal & External Candidates
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How do I get budget approved for…..?
 Recruiting
 Performance Reviews
 Employee Training
 Reporting
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Recruiting - iRecruitment
Before
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After
Why Recruiting?
• Time to fill – reduced by 50 – 63%
• Agency fees – reduced by 45%
• Offer Letter time – 1 hour manually – 11
minutes electronically
• Offer Letter cost - $50 per offer to $3.00
per offer
• Improve time required to process a job
requisition by up to 25%
• Improve time required to apply for a job by
up to 50%
Sources: Aberdeen
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Performance Reviews
Before
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After
Why Performance?
Companies who use an automated solution…
• Improve Employee satisfaction up to 22%
• Increase Performance up to 21%
• Improve Retention up to 21%
• 50% Less likely to report a drop in revenue
in the last 12 months
• 44% Less likely to experience a decline in
Profit.
• 3 X’s as likely to be “Very Satisfied” with
their Performance Management solution
Source: Aberdeen
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Employee Training –
Learning Management
Before
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After
Why Learning?
• 45% of companies rank talent
development as a Top Two business priority
• 30% of companies identify an “employee
learning and development system” as a Top
Two technology investment
• Talent management and acquisition rated
first in senior leadership’s
list of the most important short-term issues.
•CIO’s rank attracting, developing, and
retaining talent as their No. 1 concern.
Sources: Aberdeen 2007/2007, Information Week -2007
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Reporting
Before
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After
Why Reporting?
• Information available real or near real
time online, anytime.
• Subscription services to “push”
reports to users e-mail at the time,
frequency and format of their choice.
• Dashboard with summary information
allows for drilling to transactional level
data.
• Report across Workforce, Recruiting,
Learning, Performance, Benefits and
Payroll seamlessly.
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Summary
 Business conditions and labor markets require a focus on talent
management via a comprehensive and well-executed HCM strategy
 HCM technology plays a key role to deliver an integrated talent
management strategy
•
Single, enterprise-wide system with a
competency foundation
•
Integrated programs and business processes
•
Business intelligence
 Development and execution of Talent Management is accomplished
in multiple phases, and every firm is at a different point
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Thank You!
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