Link: http://www.bersin.com/contactus/qual_of_hire.asp

Bersin and Associates recently raised the point that as the impact of talent management challenges intensifies, organizations are recognizing the need to improve “quality of hire.” For the best companies, it is not enough to fill positions quickly. Finding the right talent is more critical.

One of the chief obstacles to recruiting top talent is the lack of an accurate definition of a “high-quality candidate.” Most companies do not have a systematic approach to identify the sources that produce the highest performers on the job – or even the ability to identify the attributes of those highest performers.

In order to improve hiring quality, companies must reevaluate current recruiting processes. Effective and efficient information sharing and communications between hiring managers and recruiting specialists are often hindered by disconnected and outdated technology. Most companies lack deep data and process integration between the recruiting and performance management systems that are typically managed by two different and siloed functions within HR.

A new breed of HR software has emerged that could potentially change the way companies approach the strategic management of their human resources. At their best, integrated talent management suites aggregate and share talent data across multiple processes – helping companies make better decisions, and plan for the future in ways not previously possible.

Is this happening in your part of the world?