In today’s knowledge economy, the most crucial differentiator for any business is its workforce. While all other business resources are replicable, what really sets apart a high performing organization is its human capital.
The traditional recruitment strategy translated into a function of staffing which has now transitioned into an intricate concept of Talent Acquisition. We’re currently experiencing a talent acquisition metamorphosis across the globe and talent has become the primordial asset that enables the success of any corporation.
The dearth of extraordinary talent is obvious to all businesses regardless of industry, size, geography, or financial position. In today’s environment, corporations need to recruit, develop, and retain extraordinary talent to remain competitive.
The most crucial component of talent acquisition is talent recognition and assessment. It is increasingly essential for corporates to know the sources and availability of talent that is most suitable to their organizations. It is also vital to know the variety of talent that is available.