Talent Management & JobFit in the down economy

Monday, August 31, 2009 by Jeff Hallam
I don't know about you, but I'm getting tired of hearing about how bad the economy is doing these days.  But, until it improves a great deal, we all will have to continue to deal with it.  Having read several articles about this, it made me think (scary, I know!). 

All of the experts advise us to do some key things related to talent management with this economy.  Incorporate Lean HR practices wherever possible, focus on talent acquisition to upgrade your staff, etc.  Great ideas, but in a practical sense, how do you do those things?  Especially if you are a small or mid-sized organization?

I'm seeing more companies turn to technology to accomplish these tasks.  Using applicant tracking software and automated onboarding solutions can really help to incorporate those Lean HR principles into most any mid-sized organization.  Likewise, using employee assessments or career personality tests that can be administered online can really augment any talent acquisition process by helping to ensure JobFit is present for both the new hire and the organization.

These human capital management systems are becoming more affordable and can really improve the overall talent management function within most organizations.  More to come, but if you haven't investigated these solutions, I would encourage you to begin. 

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