eQuest's Big Data for HR division develops accurate sourcing strategies for clients with the help of the right technologies and the right people.

1. ad v e r t i s i n g s u pp l e m e n t
Talent Management
Pa rt ner C ase s t udy
Leveraging Big Data in Talent Acquisition
eQuest develops accurate sourcing strategies for clients with the help of the
right technologies–and the right people.
A
s the global leader in job-posting delivery and How has talent sourcing changed with
the arrival of big data?
job board management services, eQuest
With the arrival of big data, HR is faced with an unprecedented
posts jobs to posting destinations all over the opportunity to become more data-driven, analytical and strategic in
world, reaching over 180 countries and territories. the way that it acquires
talent. Powerful new
eQuest is one of the most recognized and admired
technologies make it
brands in the human resource industry, supporting possible for HR to blend
leading Applicant Tracking Systems including Oracle its internal data with an
extraordinary amount
E-Business Suite, Oracle PeopleSoft, and Oracle of data from external
Taleo Cloud Services. sources to make evidence-
based talent management
eQuest believes that successful talent acquisition is predicated on decisions and to raise
accurate sourcing strategies. David Bernstein, vice president of eQuest’s the department’s profile
Big Data division, discusses how the actionable insights that eQuest as a strategic partner to
provides to clients based on big data analysis fuels those strategies. senior leadership. Big data
can help solidify HR’s David Bernstein, Vice President, eQuest
What challenges do organizations face in acquiring talent? reputation as a strategic
Employers hire for a reason: they have an immediate need for talent business partner that makes analytics-driven, evidenced-based decisions,
that is critical to the execution of their business objectives. Sourcing especially when it comes to talent acquisition. Big data-fueled hiring
talent is an ongoing activity that must be done well to support the timely means getting the right people into the company at the right times,
needs of the business. Prolonged recruiting cycles due to an ineffective the first time. It means improving candidate sourced and selection,
sourcing strategy causes talent constraints. These constraints will lead to speeding up the hiring process and reducing costs, all of which equate
delayed and or missed business opportunities and negatively impact the to significant competitive challenges.
company’s profitability. Done well, talent acquisition will have a positive,
measureable impact on the business. Successful talent acquisition is What is the role of HR employees in implementing
predicated on accurate sourcing strategies. these new technologies?
Despite the relative youth of big data, many companies are already losing
What are the important elements of a sight of something crucial—the human element. This is understandable
talent acquisition strategy? since the technical and technological aspects can pretty easily become
Employers need to leverage a mix of sourcing strategies to build their overwhelming. But the fact is big data is nothing without the right people.
talent pipelines. Savvy employers are careful to allocate their resources— At its core, the real value of big data lies in the answers it can provide, the
time, money and people—to activities that produce optimal outcomes. insights that can be derived and its ability to enable business users to ask
Big data can be leveraged to identify both which sources will be most new kinds of questions that could not previously have been answered.
effective and what the expected volume of candidate flow will be. The Big data only achieves its full potential when this information is analyzed,
forecast for the optimal sources and the anticipated candidate flow can interpreted, reported and put to use by an organization’s people. In this
now be made with greater accuracy and precision. The competitive respect, the promise of big data could easily be squandered if HR doesn’t
advantage and value of knowing in advance which sources will produce help to lead the big data charge, especially where talent acquisition is
the best results is clear—highly accurate talent sourcing forecast capability concerned. With help from the right external partners, HR can jump-start
accelerates the building of talent pipelines, enabling human resources the organizations’ big data efforts, make decisions that are exponentially
(HR) to focus on candidate engagement, smarter recruitment advertising more evidence-based, and build strategic business advantages that will
spend, and ultimately supporting the timely hiring required to meet the empower the entire organization.
company’s business objectives.
eQuest’s consulting service gives customers a significant competitive
edge in candidate sourcing and selection by combining its one billion
plus job performance records with employment data records from a wide
variety of sources. For more information, visit www.equest.com