market landscape: talent acquisition · ©2019 aptitude research, all right reserved. market...
TRANSCRIPT
![Page 1: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/1.jpg)
©2019 Aptitude Research, All right reserved.
MARKET LANDSCAPE: TALENT ACQUISITION
![Page 2: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/2.jpg)
©2019 Aptitude Research, All rights reserved.
A Closer LookCurrent State Evaluation Providers
AGENDA
01 02 03
![Page 3: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/3.jpg)
©2019 Aptitude Research, All rights reserved.
Surveys
Interviews
Solution Provider Briefings
RESEARCH METHODOLOGY
![Page 4: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/4.jpg)
©2019 Aptitude Research, All rights reserved.
01
CurrentState
![Page 5: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/5.jpg)
©2019 Aptitude Research, All rights reserved.
KEY PLAYERS IN 2009
![Page 6: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/6.jpg)
©2019 Aptitude Research, All rights reserved.
INNOVATIVE SOLUTION PROVIDERS IN 2009
![Page 7: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/7.jpg)
©2019 Aptitude Research, All rights reserved.
Fast Forward10 Years
![Page 8: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/8.jpg)
©2019 Aptitude Research, All rights reserved.
A FEW TRENDS STAND OUT
■ CRMs are the new ATSs
■ RPOs are more strategic
■ The investment has skyrocketed
■ The ATS market is still growing at
a rate of 12%
![Page 9: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/9.jpg)
©2019 Aptitude Research, All rights reserved.
is acquired by
acquiresAcquires
is acquired by
is acquired by
merges with
CONSOLIDATIONS
![Page 10: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/10.jpg)
©2019 Aptitude Research, All rights reserved.
Recruiter’s Spend the Most Time Doing:
■ Scheduling Interviews■ Findings Candidates in their ATS■ Scheduling Calls■ Meeting with Hiring Managers
THE ROLE OF THE RECRUITER
![Page 11: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/11.jpg)
©2019 Aptitude Research, All rights reserved.
02
A CloserLook
![Page 12: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/12.jpg)
©2019 Aptitude Research, All rights reserved.
MARIE KONDO OF TA
■ Simplify■ Tidy Up■ Spark Joy
![Page 13: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/13.jpg)
©2019 Aptitude Research, All rights reserved.
TA Leader
Business Leader
■ Recruiters■ Talent Acquisition Leaders■ Sourcers■ Employer Branding Specialists■ Digital and Social Media Specialists■ Data Scientists■ Business Partners■ Candidate Experience Experts
THE PEOPLE
1
2 3 4
![Page 14: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/14.jpg)
©2019 Aptitude Research, All rights reserved.
Workforce Planning
Recruitment Marketing Source Apply
Assess Interview Screen Offer
PROCESS
![Page 15: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/15.jpg)
©2019 Aptitude Research, All rights reserved.
TALENT ACQUISITION TRIFECTA
Applicant Tracking
Onboarding System
Ecosystem
Employer Branding
Sourcing Interviewing
Assessment
Screening Communication
AnalyticsAI
Experience Layer
Recruitment Marketing
Platform/ CRM
![Page 16: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/16.jpg)
©2019 Aptitude Research, All rights reserved.
WHAT MAKES TECHNOLOGY GREAT?
■Experience■Expertise■Adoption
![Page 17: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/17.jpg)
©2019 Aptitude Research, All rights reserved.
Over 50% of companies have a contract with their ATS for 3+ years
■ 51% of companies use 3+ ATS Systems■ 66% of companies use 3+ sourcing
solutions■ 70% of companies use 3+ general job
boards
TA TECH IS TOO COMPLEX
Source: Aptitude Research Partners. Hire, Engage, Retain Study, 2017. N=470
![Page 18: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/18.jpg)
©2019 Aptitude Research, All rights reserved.
WE NEED MORE EXPERTISE
1 in 4 companies have no plans
Only 32% of companies have
Only 24% have the budget that
![Page 19: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/19.jpg)
©2019 Aptitude Research, All rights reserved.
WE ARE ADOPTION TECHNOLOGY
■ Only 2% of companies using all the functionality of RMP
■ Only 3% of companies using all the functionality of ATS
![Page 20: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/20.jpg)
©2019 Aptitude Research, All rights reserved.
ADDRESSING THE ELEPHANTS
■Workday■IBM BrassRing■CRM■AI
![Page 21: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/21.jpg)
©2019 Aptitude Research, All rights reserved.
03
Evaluating Providers
![Page 22: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/22.jpg)
©2019 Aptitude Research, All rights reserved.
SMB
Comprehensive Solution
Innovation
Word of Mouth
Mid-Market
Disparate Solutions
Efficiency
Word of Mouth
Enterprise
Core Systems and Ecosystem
Integration
Word of Mouth
TALENT ACQUISITION SMB MARKET
![Page 23: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/23.jpg)
©2019 Aptitude Research, All rights reserved.
Key Questions Key Requirements ROI Analysis
THREE STAGES
1 2 3
![Page 24: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/24.jpg)
©2019 Aptitude Research, All rights reserved.
Internal Questions
External Questions
Experience Questions
3 QUESTIONS TO ASK
![Page 25: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/25.jpg)
©2019 Aptitude Research, All rights reserved.
KEY REQUIREMENTS
■Company■Product ■Differentiators
![Page 26: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/26.jpg)
©2019 Aptitude Research, All rights reserved.
Benefits - Costs
Costs
Payback The timeframe for when you start to see the value.
ROI The benefits divided by the costs.
Savings The amount saved during the payback period.
![Page 27: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/27.jpg)
©2019 Aptitude Research, All rights reserved.
Identify your unique requirements
Look for a partner
Simplify the process
Embrace data to drive decisions
Have fun!
KEY RECOMMENDATIONS
![Page 28: MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET LANDSCAPE: TALENT ACQUISITION](https://reader033.vdocuments.net/reader033/viewer/2022041612/5e38411ea97f210b97134f6b/html5/thumbnails/28.jpg)
©2019 Aptitude Research, All rights reserved.
Thank You
AptitudeResearch.com@madtarquin
@aptitudeHCM