Competitive Intelligence in Recruitment - Talismatic

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COMPETITIVE INTELLIGENCE IN RECRUITMENT 
2017 Talismatic - All Rights Reserved.
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WHAT IS COMPETITIVE INTELLIGENCE?
TACTICAL
Shorter-term and seeks to provide input into
issues such as capturing market share or
increasing revenues
The process of collecting and analyzing
information about competitors strengths and
weaknesses in a legal and ethical manner to
enhance business decision-making
Competitive Intelligence helps a company learn
and understand itself in regard to its complete
industry by evaluating the entire market, the
specific industry, the competitors and the
consumers with the updated information.
STRATEGIC
Focuses on longer-term issues such as key risks
and opportunities facing the enterprise
2017 Talismatic - All Rights Reserved.
http//www.investopedia.com/terms/c/competitive-in
telligence.aspixzz4m2EZIpo8 https//www.linkedin.
com/pulse/need-competitive-analysis-intelligence-r
ecruitment-abhidi-solution  
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HOW ORGANIZATIONS USE CI FOR HUMAN RESOURCE
FUNCTIONS

• CI skills actually help the HR in tackling
  dissatisfaction and retention of employees by
  studying the consumer and the industry data.

Driving better people management through CI

• It can help detect previously unobserved
  behavioural patterns and combine various data
  sources with machine-learning algorithms

• Competitive Intelligence tools in Recruiting help
  in gathering information quickly and cost
  effectively

Source McKinsey
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CI FACTORS TO ELEVATE RECRUITING PERFORMANCE
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Potential Talent Flow
Talent Flow Analysis is a process for describing
and analyzing the flow of workers into and out of
a targeted set of jobs that are most critical for
the competitiveness of employers and the region
in which they do business.
To accurately Assess the Talent Inventory
Determine the necessary skills and competencies
for best performance in a role
Benefits of Talent flow analysis
Formulate Sourcing Strategies Geographically
targeted campaigns to reduce cost per hires

• It provides a complete picture of your talent
  landscape

• Will Highlight factors that could influence the
  shift of talent

• Identify large scale trends in the industry

2017 Talismatic - All Rights Reserved.
Source US Chamber of Commerce Foundation
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Competitive Organization Mapping
It is a granular breakdown of your competitors
recruitment strategy
The need

• It is necessary so that a company can achieve
  better positioning in a hypercompetitive
  recruiting environment

• Competitive Organization Mapping provides
  insights on what creates value to a particular
  talent pool

2017 Talismatic - All Rights Reserved.
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Strategic Company Targeting
Macro or Cross-industry Analytics can help
companies identify which companies are their true
recruiting competition so they can strategize
accordingly.
The identification selection of potential
companies that an organization competes with
directly.
How does it further the recruiting process?

• In recruiting, it could be to identify and attain
  a specific set of talent that might be employed
  in a competing organizations

• Understanding which companies to target can be
  complicated since at times. A companys
  recruiting competition might be different from
  their business competition.

2017 Talismatic - All Rights Reserved.
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TALISMATIC
The Ultimate Competitive Intelligence tool for
Recruiters
2017 Talismatic - All Rights Reserved.
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DETERMINING THE IDEAL TIME-TO-FILL

• Get a quick analysis of the time-to-fill taken by
  an organization versus its closest competitors.
• Establish better timescales for recruiters and
  hiring managers to adhere to. 

2017 Talismatic - All Rights Reserved.
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COMPANY-WISE OPEN POSITIONS

• Find descriptive information on the locations
  that competitors are currently hiring for

• Ascertain the competitive stance of your
  competitor for a particular region. 
• Shed light on the weight of their workforce for
  that region. 
• Companies can align themselves to mimic or out-do
  their competitors in terms of production, process
  or presence.

2017 Talismatic - All Rights Reserved.
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UTILIZING THE RIGHT KEY-WORDS

• Helps elevate the quality of jobs that a
  recruiter floats on a daily basis. 
• Provides a quick look at the possible competition
  you might face in today's recruiting scenario. 
• Shows a list of keywords that are relevant to a
  recruiters current search. 
• Increases visibility and builds a more effective
  campaign with lesser time, money and efforts.

2017 Talismatic - All Rights Reserved.
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Thank You
For more recruiting intelligence, visit
www.talismatic.com Or email us at
info_at_talismatic.com
2017 Talismatic - All Rights Reserved.