With the ever-changing market dynamics, new skills and technologies are coming into play at a much faster pace than ever before. The head-spinning technological advances have rendered an incredibly competitive environment to talent acquisition.
The global IT Industry is going through challenging times when it comes to talent acquisition. The demand for new skills and capabilities are leaving organizations scrambling to find the best workers to fill positions. With the ever-changing market dynamics, new skills and technologies are coming into play at a much faster pace than ever before. The head-spinning technological advances have rendered an incredibly competitive environment to talent acquisition. To adapt ourselves to these market changes quickly, we at Capgemini, have embarked on a transformational journey in Talent Acquisition to stay ahead of the curve.
Focus on Digital and Cloud Technologies
Capgemini has a significant focus on Digital and Cloud technologies. The increasing demand for SMAC technologies is also changing the skill needs of the organization. Today, the niche skills to regular skills ratio has changed significantly. Around two years ago, the niche technology demand was around 15-20%, whereas today, with so many complex technology platforms and architectures, the niche demand is above 50% of the total demand. Hence, the way we acquire talent and the right skillsets has changed. The macro environment and the resulting talent demand environment made us look at a technology-enabled hiring approach in a big way. The millennials were posing additional challenges in the way one needs to look at hiring.
Digital Tools
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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
