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Market Mapping is a strategic process that evaluates and tracks both active and passive talent in local and global candidate markets. It serves as a valuable tool for companies to address their long and short-term talent sourcing needs and ensures organizational readiness. By conducting market mapping, companies can identify future talent requirements, assess the capabilities of their current staff to meet those needs, proactively identify high-potential candidates in the industry, and develop a strategic plan to address skill and talent gaps.
In today's recruitment landscape, the traditional approach of "post and pray" is no longer effective. Talent mapping has emerged as a proactive strategy to stay ahead of the competition. Through talent mapping, we gain insights into competitor employees within specific organizations or functional groups, understand their connections within their teams, and make informed decisions based on this information.
Research studies have demonstrated that mapping significantly improves candidate quality and expedites the hiring process. By initiating mapping activities before the actual recruitment process begins, we can identify top talent in the industry and establish early engagement. This proactive approach replaces reactive hiring practices and allows us to leverage the information readily available to us. Engaging with the right-fit candidates from the start accelerates the hiring process, resulting in cost savings for the organization.
Furthermore, the talent map can serve as a visual representation to showcase the talent landscape within the industry, providing hiring leaders with a comprehensive understanding of the talent pool available.
Attracting Top Talent – Screening
At Mediated Pro Systems, our applicant tracking system houses over 400,000 resumes of experienced IT professionals. We meticulously maintain detailed profiles for every candidate we engage with, including assessments of their technical and intangible skills, references, technical test results, interview notes from clients, and observations from our own interactions with the candidate.
Our recruitment organization is structured into specialized teams based on skill sets, enabling us to conduct more effective technical screenings. We have a pool of exceptionally talented developers, engineers, and analysts who are prepared to seamlessly integrate into your team and contribute to your success.
We attract candidates through referrals and networking, leveraging our "Mediated Pro Systems BLUE AMBASSADOR" program for industry professionals. Our team possesses the expertise to distinguish top-tier performers from average resources.
We will guide you through the entire decision-making process, ensuring a smooth transition from candidate selection to hiring.
Mediated Pro Systems offers staff augmentation, team services (T&M and SOW), and permanent placement models to help you quickly expand your team and achieve your organizational and business objectives.
Understanding Future Needs
The value of talent mapping lies in its ability to project your future human resources requirements. For instance, an engineering firm may need to enhance its capabilities in specific technologies, while a software company might seek programmers proficient in particular languages. To embark on the talent mapping process, start by defining your growth trajectory and then work backward to identify the skills, expertise, and education your team needs to thrive in the evolving business environment.
Assessing Current Performance
Talent mapping employs a specific formula to evaluate the readiness and performance of your existing workforce in light of future changes. The aim is to identify high-potential employees whose development aligns with your strategic priorities. For example, if your organization requires the development of mid-level sales managers for field offices, talent mapping helps identify employees who possess the fundamental skills and interest to pursue such a career path. During the talent mapping exercise, you seek a combination of current performance and future growth potential that indicates a long-term match.
Developing a Plan to Fill Gaps
Once you have defined your staffing objectives and assessed your current team, it is crucial to formulate a plan for future recruitment. Talent planning may result in the creation of ideal team member descriptions to guide future hiring processes. It may also involve developing training paths and leadership development programs to mold your current staff into the employees you will require tomorrow. Additionally, talent mapping can include using research and business intelligence to identify key candidates from your competitors who could fill essential positions. The goal is to establish a well-defined recruitment strategy to secure the staff needed to achieve your business objectives before facing challenges in attracting the best candidates.
Overall, talent mapping empowers businesses to create a roadmap for succession planning, future recruitment, and employee development initiatives. By understanding the talent necessary for future business growth, you can invest in the right activities today to turn your vision into reality tomorrow.
If you have any queries related to consulting services, we are readily available to assist you.
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info@mediatedprosystems.com
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