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Adopt a Lifecycle View to Talent Management
Adopt a lifecycle view of talent management to uncover your biggest challenges and ultimately the right platform to overcome them. The first two of the ten lifecycle stages identified by Info-Tech that can help you make the decision are:
- Talent Acquisition: Identified as the first lifecycle stage, recruitment functionality is the most important if finding the right talent is an important objective for your organization, and it should be! Older, packaged solutions can be inefficient, costly, and ineffective recruitment capabilities if they don’t align to your streamlined and speedy recruitment process. Keep in mind your timeline to integrate new employees into your organization’s culture, your hiring funnel and workflow requirements, and flexible applicant tracking systems to ensure your organization’s unique needs aren’t overlooked in the recruitment stage.
- Onboarding and Offboarding: Onboarding has become an increasingly important element of an organization’s talent development strategy, as it must be treated as a business initiative and not just an HR process. Effective onboarding processes define how quickly and successfully new and existing employees reach full potential and integrate into your organization’s environment. Ensure your platform allows you the freedom and capability to build a robust, standardized, and business-aligned onboarding and offboarding process by offering capabilities like document, task, and training management, electronic forms, and flexible employee portals.
Investment in talent management software should rely heavily on the specific challenges you are expecting within the talent management lifecycle. Choosing platforms that are specific to industry and enterprise size are only so beneficial. Choosing a solution that is not too specific or broad in its features requires a good understanding of the organization’s talent management strategy and the challenges you are trying to overcome.
Our Take
Treat your talent management lifecycle stages as key features or capabilities offered when choosing viable partnerships. Align business objectives to your talent management strategy and align your strategy to common challenges you want to overcome with vendor unique feature offerings. Stay tuned to find out more about the talent management lifecycle and which features make the cut!
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SoftwareReviews Talent Management