Randstad Sourceright Reveals Best Practices for Integrated Talent Management
Monday, June 13th, 2016
Randstad Sourceright, a global talent leader, announced the release of its "Integrated Talent Playbook: A practical guide to integrated talent management," to help companies enhance their total talent management strategies. As employers face growing challenges around finding talent with the right skills and retaining both permanent and contingent workers, Randstad Sourceright's "Integrated Talent Playbook" provides a timely look at how employers can enhance their talent strategy through a more holistic approach.
"Many companies still rely on siloed talent acquisition processes that can limit their visibility and prevent them from filling critical gaps with the right skills at the right time," said Rebecca Henderson, chairman, Global Leadership Team of Randstad Sourceright and group president. "An integrated method can help them anticipate workforce requirements long before they are needed and consider how all types of workers can drive business goals and bring about competitive advantage. Our latest playbook is designed to educate the market on the benefits of an integrated talent management strategy and present our clients with the best practices for hiring and deploying talent with their current and future talent needs in mind."
Although still in its early stages, the movement toward integrated talent management is growing as more employers seek to transform the way they deploy talent across their organizations. By eliminating the silos separating their permanent and contingent workforces, organizations can consider talent in the broadest sense and ensure the most appropriate and efficient type of talent is deployed for the task at hand. In summary, employers can develop their talent acquisition and management strategy more proactively, choosing the type of worker not based on existing headcounts or employment models, but rather on data and consultation with hiring managers. This leads to greater hiring efficiency and a more consistent and accountable method of talent acquisition.
As more businesses increase their use of contingent workers, recent research shows that non-employee workers make up 16 percent of responding companies' total workforces, and the need for a new approach to talent management is clear. With its Integrated Talent Playbook, Randstad Sourceright provides a comprehensive view of holistic workforce planning and talent acquisition, while helping businesses recognize the shortcomings of a siloed strategy. Highlights from the playbook include:
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How integrated talent management works: The right strategy breaks down the walls of how any type of worker, including permanent, temp-to-hire, staffing, freelancers and contractors, statement of work consultants, part-timers, payrollees and seasonal workers, can be used to fill key gaps.
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Overcoming talent scarcity: As economies around the world improve, organizations feel the effects of a rapidly evolving workforce, including rising competition, growing skills and experience scarcity, and a shift in business imperatives.
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Workforce transparency: Large companies can employ thousands of contingent workers, who are not always visible to HR, leaving talent leaders in the dark about what the organization spends on them, how their deliverables are tracked and where they are located. An integrated approach to talent management can provide transparency, while helping the company maintain compliance.