SlideShare ist ein Scribd-Unternehmen logo
1 von 10
TALENT ACQUISITION STRATEGY
 Using Checkland’s Soft Systems Methodology (SSM)
Stage 1: Define and Understand the
         Problem Situation

            Global Talent Acquisition is a unique challenge, especially for

       a business such as Pump Corporation. The company offers a range

       of highly engineered industrial products that serve a diversified

       customer base in over 50 countries. Without the required human

       capital in place, especially in the emerging markets, Pump

       Corporation could fail to achieve its business objectives.

                  The current Average time-to-Fill is greater than 90 days.
Stage 2: Express the Problem Situation
                                                                 Economy




                                                         Customer Demand




                                                       Business Requirements
   E                                                                                                                                                            E
   c                                                                                                                                                            c
   o                                                                                                                                                            o
   n                                                                                                                                                            n




                                                                                                                            Internal Talent Pool
   o
                                                                                                     Internal Transfers /                                       o
       Business Objectives                                                                           Promotions                                                 m
   m
   y
       1. Budget                                             Workforce Plan                                                                                     y
       2. Criticality / Timing
       3. Geography
       4. Internal Equity
                                                                      Employment / Labor Law
                                                                      Organization Hiring Policies
                                                                      Selection Practices
                                                                                                                                                   Retirement


                                                    Prospective External Candidates


                                           Types of Positions
                                 Knowledge, Skills & Abilities



                                                          External Labor Pool
                                                                                                                                        Attrition




                                                            Economy
Stage 3: Select how to view the situation
           from various perspectives
         Subsystems                                                       Interdependencies

Economic subsystem          Small changes in the global economy can cause tremendous changes in talent supply and demand, which
                            can be greatly exacerbated in certain local markets. This adds to the complexity of the system as the macro
                            economy is an aggregate of several economies that are at varying points of maturity.
Customer Subsystem          There is a constant feedback cycle between the business operations and the ever-changing demands of the
                            customers. As the needs of the customers evolve, the talent needs of the business shift accordingly.
Business Requirements       Through its annual planning cycle, Pump Corporation re-examines its headcount plans, pivotal skillset needs,
                            and plots them against business segments and geographic locations. These human capital plans drive the
                            talent acquisition activity levels of the organization. The primary business constraints such as budget,
                            timing, geography, internal equity of compensation, etc. have to be taken into consideration while
                            formulating the talent acquisition plan for each segment, region, and location of the overall corporation.


Workforce Plan              It is a dynamic process that changes along with the business requirements, the attrition of existing talent
                            and the availability of external talent. The business requirements set the level of the stock, the attrition is
                            the outflow and the promotion of internal talent as well as the addition of external talent is the inflow.

Internal Talent Subsystem   Human capital is less mobile than financial or technical capital, local economic conditions in certain markets
                            can cause unusual imbalances between supply and demand. For example, Pump Corporation may have a
                            greater supply of engineers in a developed market than in an emerging market, but it is often not possible
                            for the engineering talent to relocate to where it is needed. This immobility of talent results in an imbalance
                            in the emerging market and could cause that particular emerging market to become a leverage point on the
                            entire system.
External Labor Pool         The scale of the external labor pool is contingent upon many factors such as the local economic growth, the
Subsystem                   unemployment rate and demographic trends of the populations (including age, educational level, ability to
                            relocate, etc.).
Prospective External        This subsystem is a derivative of the external labor pool. The main criteria to create inflow into this
Candidate Subsystem         subsystem are matching the specific talent needs of a position to the skills of the available candidates. The
                            resulting filtering sometimes produces counterintuitive consequences. For example, a population with a high
                            unemployment rate may still not produce enough candidates to meet demand if the skill levels are not
                            adequate.
Stage 4: Build conceptual models of the
         system requirements
                                                   Business
                                                Requirements /
            Qualified                                                                    Turnover /
                                                Workforce Plan
            External                                                                     Retirement
           Candidates
                            Prospective                                Internal Talent
                           External Talent                                  Pool
                                Pool




                                             External hires to meet
                                             desired staffing levels


                                                Discrepancy




•   The business requirements/workforce plan is the balancing feedback loop.
•   The greater the discrepancy between internal talent and the desired staffing levels, the greater
    the need for the organization to find talent externally.
•   The external talent pool is a renewable stock, but replenishment is not immediate.
Stage 5: Compare the conceptual models
   (stage 4) to the real world expression (stage 2)




                Donella Meadows                                                   Ludwig von Bertalanffy
The concept of buffers: A buffer’s ability to stabilize a system   The concept of feedback and homeostasis: Ideally, the
is important when the stock amount is much higher or lower         system should be at homeostasis when there is an even
than the potential amount of inflows/outflows                      match between supply and demand within the system.
Because the global business environment is very competitive,       However, because the talent acquisition system is highly
the buffer of talent at any given time is quite small. If there    dynamic, with many leverage points and few buffers, there is
is a sudden increase in demand, there is very little excess        rarely a good match between supply and demand and the
talent capacity to absorb the demand. This results in a            system is rarely in homeostasis.
dramatic increase in demand relative to supply. Similarly
when local market conditions turn adverse, there is a
relatively small financial buffer in the system, resulting in an
increase in supply relative to demand, and therefore, the
need to adjust the talent base quickly to meet the
environmental conditions.
Stage 6: Identify feasible and desirable
        changes to improve the situation




1.   Take care of the stocks
2.   Create an increased flow in critical growth markets while ensuring there are no system leakages
3.   Reduce system delays by proactively identifying sourcing channels
4.   Stay tuned to the cloud
5.   Have a dynamic workforce planning process
Stage 7: Develop recommendations for Action
                                                          Provide the right talent on time and where needed
  Strategy




                            Employment                     Targeted Talent                        Selection                   Future Resource
                              Brand                             Pools                            Competency                    Requirements



                         Recognized global             Targeted talent pools and             Talent assessment and         Workforce planning that
Future State




                         Employment brand               recruiting resources that             selection competency,       identifies future resource
   3 Year




                                                      achieve identified workforce            tools & processes that         requirements with
                                                         planning requirements              improve overall quality of   emphasis on critical skills in
                                                                                               hires and time-to-fill        emerging markets



                    •   Develop employment           •   Develop consistent             •      Develop consistent        •   Develop process and
                        message that attracts top        global university                     staffing practices            tools for aligning future
  Key Objectives




                        talent                           relations and recruitment      •      Develop selection             talent needs and gaps
                    •   Establish Flowserve as an        practices                             assessment tools              to meet business
                        employer of choice with                                                which align with              strategy
                        strong employment brand      •   Identify and manage                   competencies              •   Alignment of talent
                        recognition and a positive       sourcing channels which        •      Develop & deliver             acquisition, succession
                        candidate experience             delivers a strong pipeline            interview training to         planning, and internal
                    •   Establish a social media         of talent                             drive strong selection        talent movement
                        roadmap                                                                practices and provide         processes with
                                                                                               strong candidate              workforce forecast
                                                                                               experiences


                    Social Media                     University Relations              Global Talent Acquisition         Talent Acquisition Dashboard
 Focus Areas




                                                                                       Best Practice Processes
                    Career Portals                   Recruitment Events and                                              Workforce Planning
                                                     Sourcing Resources                Selection Assessment Tools
                    Interview Material
                                                     Vendor Selection and              Interviewing Skills Training
                                                     Management
Questions? Comments?

Weitere ähnliche Inhalte

Was ist angesagt?

Sourcing talent as key recruiting differentiator part 1 A
Sourcing talent  as key recruiting differentiator part 1 A   Sourcing talent  as key recruiting differentiator part 1 A
Sourcing talent as key recruiting differentiator part 1 A Alexander CrĂŠpin
 
Creating a Talent Acquisition Roadmap
Creating a Talent Acquisition RoadmapCreating a Talent Acquisition Roadmap
Creating a Talent Acquisition Roadmapcjparker
 
Recruiting Metrics - Strategic and Tactical KPIs for Talent Acquisition
Recruiting Metrics - Strategic and Tactical KPIs for Talent AcquisitionRecruiting Metrics - Strategic and Tactical KPIs for Talent Acquisition
Recruiting Metrics - Strategic and Tactical KPIs for Talent AcquisitionMaia Josebachvili
 
PowerPoint Talent Acquisition
PowerPoint Talent AcquisitionPowerPoint Talent Acquisition
PowerPoint Talent AcquisitionMarco Stevens
 
Talent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTalent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTim Coburn
 
Talent Acquisition Strategy
Talent Acquisition StrategyTalent Acquisition Strategy
Talent Acquisition StrategyMartinmcdermott
 
Integrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyIntegrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyWilliam Chin
 
Talent acquisition
Talent acquisitionTalent acquisition
Talent acquisitionNalin Goel
 
Talent acquisition,definition,sources of recruitment,action steps in recruitm...
Talent acquisition,definition,sources of recruitment,action steps in recruitm...Talent acquisition,definition,sources of recruitment,action steps in recruitm...
Talent acquisition,definition,sources of recruitment,action steps in recruitm...Devika A K
 
Strategic Sourcing & Talent Pipeline - ConnectIn Milano
Strategic Sourcing & Talent Pipeline - ConnectIn MilanoStrategic Sourcing & Talent Pipeline - ConnectIn Milano
Strategic Sourcing & Talent Pipeline - ConnectIn MilanoLinkedIn Italia
 
Recruitment Strategy
Recruitment StrategyRecruitment Strategy
Recruitment StrategySudha Koya
 
Proactive talent sourcing
Proactive talent sourcingProactive talent sourcing
Proactive talent sourcingRoli Saxena
 
Sourcing strategies
Sourcing strategiesSourcing strategies
Sourcing strategiesmafecuca
 
Talent acquisition
Talent acquisitionTalent acquisition
Talent acquisitionthemindshiftjoy
 
Roadmap to become a strategic talent acquisition organization | ConnectIn
Roadmap to become a strategic talent acquisition organization | ConnectIn Roadmap to become a strategic talent acquisition organization | ConnectIn
Roadmap to become a strategic talent acquisition organization | ConnectIn LinkedIn Talent Solutions
 
Talent Acquisition Best Practices & Trends 2014
Talent Acquisition Best Practices & Trends 2014Talent Acquisition Best Practices & Trends 2014
Talent Acquisition Best Practices & Trends 2014The Talent Company
 
Sourcing Strategy Hci Presentation (Paul Hamilton)
Sourcing Strategy   Hci Presentation (Paul Hamilton)Sourcing Strategy   Hci Presentation (Paul Hamilton)
Sourcing Strategy Hci Presentation (Paul Hamilton)phamil
 

Was ist angesagt? (20)

Sourcing talent as key recruiting differentiator part 1 A
Sourcing talent  as key recruiting differentiator part 1 A   Sourcing talent  as key recruiting differentiator part 1 A
Sourcing talent as key recruiting differentiator part 1 A
 
Creating a Talent Acquisition Roadmap
Creating a Talent Acquisition RoadmapCreating a Talent Acquisition Roadmap
Creating a Talent Acquisition Roadmap
 
Recruiting Metrics - Strategic and Tactical KPIs for Talent Acquisition
Recruiting Metrics - Strategic and Tactical KPIs for Talent AcquisitionRecruiting Metrics - Strategic and Tactical KPIs for Talent Acquisition
Recruiting Metrics - Strategic and Tactical KPIs for Talent Acquisition
 
PowerPoint Talent Acquisition
PowerPoint Talent AcquisitionPowerPoint Talent Acquisition
PowerPoint Talent Acquisition
 
Talent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTalent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvement
 
Talent Acquisition Strategy
Talent Acquisition StrategyTalent Acquisition Strategy
Talent Acquisition Strategy
 
Integrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyIntegrated Talent Acquisition Strategy
Integrated Talent Acquisition Strategy
 
Talent acquisition
Talent acquisitionTalent acquisition
Talent acquisition
 
Talent acquisition,definition,sources of recruitment,action steps in recruitm...
Talent acquisition,definition,sources of recruitment,action steps in recruitm...Talent acquisition,definition,sources of recruitment,action steps in recruitm...
Talent acquisition,definition,sources of recruitment,action steps in recruitm...
 
Strategic Sourcing & Talent Pipeline - ConnectIn Milano
Strategic Sourcing & Talent Pipeline - ConnectIn MilanoStrategic Sourcing & Talent Pipeline - ConnectIn Milano
Strategic Sourcing & Talent Pipeline - ConnectIn Milano
 
Recruitment Strategy
Recruitment StrategyRecruitment Strategy
Recruitment Strategy
 
Proactive talent sourcing
Proactive talent sourcingProactive talent sourcing
Proactive talent sourcing
 
Talent Acquisition Guidebook
Talent Acquisition GuidebookTalent Acquisition Guidebook
Talent Acquisition Guidebook
 
Sourcing strategies
Sourcing strategiesSourcing strategies
Sourcing strategies
 
Talent management
Talent managementTalent management
Talent management
 
Talent acquisition
Talent acquisitionTalent acquisition
Talent acquisition
 
Roadmap to become a strategic talent acquisition organization | ConnectIn
Roadmap to become a strategic talent acquisition organization | ConnectIn Roadmap to become a strategic talent acquisition organization | ConnectIn
Roadmap to become a strategic talent acquisition organization | ConnectIn
 
Talent Acquisition Best Practices & Trends 2014
Talent Acquisition Best Practices & Trends 2014Talent Acquisition Best Practices & Trends 2014
Talent Acquisition Best Practices & Trends 2014
 
Recruitment & Selection Process By Big Ideas HR
Recruitment & Selection Process By Big Ideas HRRecruitment & Selection Process By Big Ideas HR
Recruitment & Selection Process By Big Ideas HR
 
Sourcing Strategy Hci Presentation (Paul Hamilton)
Sourcing Strategy   Hci Presentation (Paul Hamilton)Sourcing Strategy   Hci Presentation (Paul Hamilton)
Sourcing Strategy Hci Presentation (Paul Hamilton)
 

Andere mochten auch

Organization assessment by Harry Levinson
Organization assessment by Harry LevinsonOrganization assessment by Harry Levinson
Organization assessment by Harry LevinsonSandhya Johnson
 
Human development the contextualistic world view (part iv)
Human development the contextualistic world view (part iv)Human development the contextualistic world view (part iv)
Human development the contextualistic world view (part iv)Sandhya Johnson
 
Human development the mechanistic overview (part ii)
Human development the mechanistic overview (part ii)Human development the mechanistic overview (part ii)
Human development the mechanistic overview (part ii)Sandhya Johnson
 
Four sociological traditions (Randall Collins) chapters 1 to 4
Four sociological traditions (Randall Collins)   chapters 1 to 4Four sociological traditions (Randall Collins)   chapters 1 to 4
Four sociological traditions (Randall Collins) chapters 1 to 4Sandhya Johnson
 
Black feminist thought
Black feminist thoughtBlack feminist thought
Black feminist thoughtSandhya Johnson
 
The Leadership Capital index by Dave Ulrich
The Leadership Capital index by Dave UlrichThe Leadership Capital index by Dave Ulrich
The Leadership Capital index by Dave UlrichSandhya Johnson
 
Origins of od in us and india
Origins of od in us and indiaOrigins of od in us and india
Origins of od in us and indiaSandhya Johnson
 
The foundations and future of organization development (od)
The foundations and future of organization development (od)The foundations and future of organization development (od)
The foundations and future of organization development (od)Sandhya Johnson
 
Group facilitation: A framework for diagnosing, implementing and evaluating i...
Group facilitation: A framework for diagnosing, implementing and evaluating i...Group facilitation: A framework for diagnosing, implementing and evaluating i...
Group facilitation: A framework for diagnosing, implementing and evaluating i...Sandhya Johnson
 
Typologies Of Organizational Change Strategies
Typologies Of Organizational Change StrategiesTypologies Of Organizational Change Strategies
Typologies Of Organizational Change StrategiesSandhya Johnson
 
The organizational culture perspective (steven ott)
The organizational culture perspective (steven ott)The organizational culture perspective (steven ott)
The organizational culture perspective (steven ott)Sandhya Johnson
 
Whole scale organizational change
Whole scale organizational changeWhole scale organizational change
Whole scale organizational changeSandhya Johnson
 
Human development in perspective dale goldhaer (part i)
Human development in perspective dale goldhaer (part i)Human development in perspective dale goldhaer (part i)
Human development in perspective dale goldhaer (part i)Sandhya Johnson
 
Human development the organismic perspective (part iii)
Human development the organismic perspective (part iii)Human development the organismic perspective (part iii)
Human development the organismic perspective (part iii)Sandhya Johnson
 
Organizational culture change models
Organizational culture change modelsOrganizational culture change models
Organizational culture change modelsSandhya Johnson
 
Organizational Assessment Models
Organizational Assessment ModelsOrganizational Assessment Models
Organizational Assessment ModelsSandhya Johnson
 
Thinking in systems (Donella Meadows) chapters 1 to 3
Thinking in systems (Donella Meadows)   chapters 1 to 3Thinking in systems (Donella Meadows)   chapters 1 to 3
Thinking in systems (Donella Meadows) chapters 1 to 3Sandhya Johnson
 
Toolkit For Organizational Change
Toolkit For Organizational ChangeToolkit For Organizational Change
Toolkit For Organizational ChangeSandhya Johnson
 

Andere mochten auch (20)

Change at work
Change at workChange at work
Change at work
 
Systems thinking
Systems thinkingSystems thinking
Systems thinking
 
Organization assessment by Harry Levinson
Organization assessment by Harry LevinsonOrganization assessment by Harry Levinson
Organization assessment by Harry Levinson
 
Human development the contextualistic world view (part iv)
Human development the contextualistic world view (part iv)Human development the contextualistic world view (part iv)
Human development the contextualistic world view (part iv)
 
Human development the mechanistic overview (part ii)
Human development the mechanistic overview (part ii)Human development the mechanistic overview (part ii)
Human development the mechanistic overview (part ii)
 
Four sociological traditions (Randall Collins) chapters 1 to 4
Four sociological traditions (Randall Collins)   chapters 1 to 4Four sociological traditions (Randall Collins)   chapters 1 to 4
Four sociological traditions (Randall Collins) chapters 1 to 4
 
Black feminist thought
Black feminist thoughtBlack feminist thought
Black feminist thought
 
The Leadership Capital index by Dave Ulrich
The Leadership Capital index by Dave UlrichThe Leadership Capital index by Dave Ulrich
The Leadership Capital index by Dave Ulrich
 
Origins of od in us and india
Origins of od in us and indiaOrigins of od in us and india
Origins of od in us and india
 
The foundations and future of organization development (od)
The foundations and future of organization development (od)The foundations and future of organization development (od)
The foundations and future of organization development (od)
 
Group facilitation: A framework for diagnosing, implementing and evaluating i...
Group facilitation: A framework for diagnosing, implementing and evaluating i...Group facilitation: A framework for diagnosing, implementing and evaluating i...
Group facilitation: A framework for diagnosing, implementing and evaluating i...
 
Typologies Of Organizational Change Strategies
Typologies Of Organizational Change StrategiesTypologies Of Organizational Change Strategies
Typologies Of Organizational Change Strategies
 
The organizational culture perspective (steven ott)
The organizational culture perspective (steven ott)The organizational culture perspective (steven ott)
The organizational culture perspective (steven ott)
 
Whole scale organizational change
Whole scale organizational changeWhole scale organizational change
Whole scale organizational change
 
Human development in perspective dale goldhaer (part i)
Human development in perspective dale goldhaer (part i)Human development in perspective dale goldhaer (part i)
Human development in perspective dale goldhaer (part i)
 
Human development the organismic perspective (part iii)
Human development the organismic perspective (part iii)Human development the organismic perspective (part iii)
Human development the organismic perspective (part iii)
 
Organizational culture change models
Organizational culture change modelsOrganizational culture change models
Organizational culture change models
 
Organizational Assessment Models
Organizational Assessment ModelsOrganizational Assessment Models
Organizational Assessment Models
 
Thinking in systems (Donella Meadows) chapters 1 to 3
Thinking in systems (Donella Meadows)   chapters 1 to 3Thinking in systems (Donella Meadows)   chapters 1 to 3
Thinking in systems (Donella Meadows) chapters 1 to 3
 
Toolkit For Organizational Change
Toolkit For Organizational ChangeToolkit For Organizational Change
Toolkit For Organizational Change
 

Ähnlich wie Talent acquisition strategy

Recruitment Process Outsourcing
Recruitment Process OutsourcingRecruitment Process Outsourcing
Recruitment Process OutsourcingAnujKumar093
 
Aoc revised
Aoc revisedAoc revised
Aoc revisedjim070804
 
Capital iq (2)
Capital iq (2)Capital iq (2)
Capital iq (2)PARUL GUPTA
 
Presentation by piyush jain
Presentation by piyush jainPresentation by piyush jain
Presentation by piyush jainPMI_IREP_TP
 
Recruitment_and_Selection_Complete_note.pptx
Recruitment_and_Selection_Complete_note.pptxRecruitment_and_Selection_Complete_note.pptx
Recruitment_and_Selection_Complete_note.pptxIrelynJasmin
 
Raju
RajuRaju
Rajugrajni
 
Manpower planning ppt
Manpower planning pptManpower planning ppt
Manpower planning pptBabasab Patil
 
Humanresourceplanningppt 130605113259-phpapp01
Humanresourceplanningppt 130605113259-phpapp01Humanresourceplanningppt 130605113259-phpapp01
Humanresourceplanningppt 130605113259-phpapp01shreyansoswal3
 
Human resource planning ppt.
Human resource planning ppt.Human resource planning ppt.
Human resource planning ppt.Bibin Ssb
 
Recruitment process
Recruitment processRecruitment process
Recruitment processConfidential
 
Bench management arunesh chand mankotia
Bench management   arunesh chand mankotiaBench management   arunesh chand mankotia
Bench management arunesh chand mankotiaConsultonmic
 
Recruitment+process
Recruitment+processRecruitment+process
Recruitment+processConfidential
 
Recruitment Challenges for KPO's
Recruitment Challenges for KPO'sRecruitment Challenges for KPO's
Recruitment Challenges for KPO'sAditya Khandekar, CFA
 
HRPRS-II_Presentation_Group5.pptx
HRPRS-II_Presentation_Group5.pptxHRPRS-II_Presentation_Group5.pptx
HRPRS-II_Presentation_Group5.pptxAppyAgrawal
 
Chapter 7 Recruiting in Labor Markets
Chapter 7 Recruiting in Labor MarketsChapter 7 Recruiting in Labor Markets
Chapter 7 Recruiting in Labor MarketsRayman Soe
 
NHRDN Virtual Learning Session on HR Analytics
NHRDN Virtual Learning Session on HR AnalyticsNHRDN Virtual Learning Session on HR Analytics
NHRDN Virtual Learning Session on HR AnalyticsNational HRD Network
 
Training Process Outsourcing for SME/SMB: Why and What - A White Paper
Training Process Outsourcing for SME/SMB:  Why and What - A White PaperTraining Process Outsourcing for SME/SMB:  Why and What - A White Paper
Training Process Outsourcing for SME/SMB: Why and What - A White PaperSimplify MyTraining.com
 
Recruitment Strategy for KPO
Recruitment Strategy for KPORecruitment Strategy for KPO
Recruitment Strategy for KPOSIVA PRIYA
 

Ähnlich wie Talent acquisition strategy (20)

Recruitment Process Outsourcing
Recruitment Process OutsourcingRecruitment Process Outsourcing
Recruitment Process Outsourcing
 
Aoc revised
Aoc revisedAoc revised
Aoc revised
 
Capital iq (2)
Capital iq (2)Capital iq (2)
Capital iq (2)
 
Presentation by piyush jain
Presentation by piyush jainPresentation by piyush jain
Presentation by piyush jain
 
Recruitment_and_Selection_Complete_note.pptx
Recruitment_and_Selection_Complete_note.pptxRecruitment_and_Selection_Complete_note.pptx
Recruitment_and_Selection_Complete_note.pptx
 
Raju
RajuRaju
Raju
 
Manpower planning ppt
Manpower planning pptManpower planning ppt
Manpower planning ppt
 
Human Resource Planning ppt.
Human Resource Planning ppt.Human Resource Planning ppt.
Human Resource Planning ppt.
 
Humanresourceplanningppt 130605113259-phpapp01
Humanresourceplanningppt 130605113259-phpapp01Humanresourceplanningppt 130605113259-phpapp01
Humanresourceplanningppt 130605113259-phpapp01
 
Human resource planning ppt.
Human resource planning ppt.Human resource planning ppt.
Human resource planning ppt.
 
Pay For Learning2
Pay For Learning2Pay For Learning2
Pay For Learning2
 
Recruitment process
Recruitment processRecruitment process
Recruitment process
 
Bench management arunesh chand mankotia
Bench management   arunesh chand mankotiaBench management   arunesh chand mankotia
Bench management arunesh chand mankotia
 
Recruitment+process
Recruitment+processRecruitment+process
Recruitment+process
 
Recruitment Challenges for KPO's
Recruitment Challenges for KPO'sRecruitment Challenges for KPO's
Recruitment Challenges for KPO's
 
HRPRS-II_Presentation_Group5.pptx
HRPRS-II_Presentation_Group5.pptxHRPRS-II_Presentation_Group5.pptx
HRPRS-II_Presentation_Group5.pptx
 
Chapter 7 Recruiting in Labor Markets
Chapter 7 Recruiting in Labor MarketsChapter 7 Recruiting in Labor Markets
Chapter 7 Recruiting in Labor Markets
 
NHRDN Virtual Learning Session on HR Analytics
NHRDN Virtual Learning Session on HR AnalyticsNHRDN Virtual Learning Session on HR Analytics
NHRDN Virtual Learning Session on HR Analytics
 
Training Process Outsourcing for SME/SMB: Why and What - A White Paper
Training Process Outsourcing for SME/SMB:  Why and What - A White PaperTraining Process Outsourcing for SME/SMB:  Why and What - A White Paper
Training Process Outsourcing for SME/SMB: Why and What - A White Paper
 
Recruitment Strategy for KPO
Recruitment Strategy for KPORecruitment Strategy for KPO
Recruitment Strategy for KPO
 

KĂźrzlich hochgeladen

Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...lizamodels9
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture conceptP&CO
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Sheetaleventcompany
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Sheetaleventcompany
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 

KĂźrzlich hochgeladen (20)

Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 

Talent acquisition strategy

  • 1. TALENT ACQUISITION STRATEGY Using Checkland’s Soft Systems Methodology (SSM)
  • 2.
  • 3. Stage 1: Define and Understand the Problem Situation Global Talent Acquisition is a unique challenge, especially for a business such as Pump Corporation. The company offers a range of highly engineered industrial products that serve a diversified customer base in over 50 countries. Without the required human capital in place, especially in the emerging markets, Pump Corporation could fail to achieve its business objectives. The current Average time-to-Fill is greater than 90 days.
  • 4. Stage 2: Express the Problem Situation Economy Customer Demand Business Requirements E E c c o o n n Internal Talent Pool o Internal Transfers / o Business Objectives Promotions m m y 1. Budget Workforce Plan y 2. Criticality / Timing 3. Geography 4. Internal Equity Employment / Labor Law Organization Hiring Policies Selection Practices Retirement Prospective External Candidates Types of Positions Knowledge, Skills & Abilities External Labor Pool Attrition Economy
  • 5. Stage 3: Select how to view the situation from various perspectives Subsystems Interdependencies Economic subsystem Small changes in the global economy can cause tremendous changes in talent supply and demand, which can be greatly exacerbated in certain local markets. This adds to the complexity of the system as the macro economy is an aggregate of several economies that are at varying points of maturity. Customer Subsystem There is a constant feedback cycle between the business operations and the ever-changing demands of the customers. As the needs of the customers evolve, the talent needs of the business shift accordingly. Business Requirements Through its annual planning cycle, Pump Corporation re-examines its headcount plans, pivotal skillset needs, and plots them against business segments and geographic locations. These human capital plans drive the talent acquisition activity levels of the organization. The primary business constraints such as budget, timing, geography, internal equity of compensation, etc. have to be taken into consideration while formulating the talent acquisition plan for each segment, region, and location of the overall corporation. Workforce Plan It is a dynamic process that changes along with the business requirements, the attrition of existing talent and the availability of external talent. The business requirements set the level of the stock, the attrition is the outflow and the promotion of internal talent as well as the addition of external talent is the inflow. Internal Talent Subsystem Human capital is less mobile than financial or technical capital, local economic conditions in certain markets can cause unusual imbalances between supply and demand. For example, Pump Corporation may have a greater supply of engineers in a developed market than in an emerging market, but it is often not possible for the engineering talent to relocate to where it is needed. This immobility of talent results in an imbalance in the emerging market and could cause that particular emerging market to become a leverage point on the entire system. External Labor Pool The scale of the external labor pool is contingent upon many factors such as the local economic growth, the Subsystem unemployment rate and demographic trends of the populations (including age, educational level, ability to relocate, etc.). Prospective External This subsystem is a derivative of the external labor pool. The main criteria to create inflow into this Candidate Subsystem subsystem are matching the specific talent needs of a position to the skills of the available candidates. The resulting filtering sometimes produces counterintuitive consequences. For example, a population with a high unemployment rate may still not produce enough candidates to meet demand if the skill levels are not adequate.
  • 6. Stage 4: Build conceptual models of the system requirements Business Requirements / Qualified Turnover / Workforce Plan External Retirement Candidates Prospective Internal Talent External Talent Pool Pool External hires to meet desired staffing levels Discrepancy • The business requirements/workforce plan is the balancing feedback loop. • The greater the discrepancy between internal talent and the desired staffing levels, the greater the need for the organization to find talent externally. • The external talent pool is a renewable stock, but replenishment is not immediate.
  • 7. Stage 5: Compare the conceptual models (stage 4) to the real world expression (stage 2) Donella Meadows Ludwig von Bertalanffy The concept of buffers: A buffer’s ability to stabilize a system The concept of feedback and homeostasis: Ideally, the is important when the stock amount is much higher or lower system should be at homeostasis when there is an even than the potential amount of inflows/outflows match between supply and demand within the system. Because the global business environment is very competitive, However, because the talent acquisition system is highly the buffer of talent at any given time is quite small. If there dynamic, with many leverage points and few buffers, there is is a sudden increase in demand, there is very little excess rarely a good match between supply and demand and the talent capacity to absorb the demand. This results in a system is rarely in homeostasis. dramatic increase in demand relative to supply. Similarly when local market conditions turn adverse, there is a relatively small financial buffer in the system, resulting in an increase in supply relative to demand, and therefore, the need to adjust the talent base quickly to meet the environmental conditions.
  • 8. Stage 6: Identify feasible and desirable changes to improve the situation 1. Take care of the stocks 2. Create an increased flow in critical growth markets while ensuring there are no system leakages 3. Reduce system delays by proactively identifying sourcing channels 4. Stay tuned to the cloud 5. Have a dynamic workforce planning process
  • 9. Stage 7: Develop recommendations for Action Provide the right talent on time and where needed Strategy Employment Targeted Talent Selection Future Resource Brand Pools Competency Requirements Recognized global Targeted talent pools and Talent assessment and Workforce planning that Future State Employment brand recruiting resources that selection competency, identifies future resource 3 Year achieve identified workforce tools & processes that requirements with planning requirements improve overall quality of emphasis on critical skills in hires and time-to-fill emerging markets • Develop employment • Develop consistent • Develop consistent • Develop process and message that attracts top global university staffing practices tools for aligning future Key Objectives talent relations and recruitment • Develop selection talent needs and gaps • Establish Flowserve as an practices assessment tools to meet business employer of choice with which align with strategy strong employment brand • Identify and manage competencies • Alignment of talent recognition and a positive sourcing channels which • Develop & deliver acquisition, succession candidate experience delivers a strong pipeline interview training to planning, and internal • Establish a social media of talent drive strong selection talent movement roadmap practices and provide processes with strong candidate workforce forecast experiences Social Media University Relations Global Talent Acquisition Talent Acquisition Dashboard Focus Areas Best Practice Processes Career Portals Recruitment Events and Workforce Planning Sourcing Resources Selection Assessment Tools Interview Material Vendor Selection and Interviewing Skills Training Management