Talent acquisition is to a company, what the winding mechanism is to a clock. Successful companies are built on sourcing & acquiring the right kind of talent to ensure optimal service delivery, business continuity and the building of future-ready solutions. Onboarding the right people today goes beyond matching job requirements to professional qualifications. Microsoft Dynamics 365 leverages the power of Office, LinkedIn and other talent platforms by mapping skill sets and core competencies to help employees realize their full career potential, thus creating a win-win situation for everyone.
Talent acquisition and management are the backbone of an organization. These critical aspects that define employee engagement is often mired in a pool of challenges. From inadequate employee engagement, critical skillsets mismatch, increased attrition, employee dissatisfaction to mismanagement of roles, there are several reasons for shortage of skilled hands. Talent Now’s 2018 Talent Acquisition Data highlights that almost 42% employers aren’t sure of finding the right kind of talents for their business needs. Even currently, 72.8% global clients are struggling to fill up their existing requirements.
In today’s changing business scenario, the need for good talent transcends matching professional requirements with an individual’s experience. Current ERP solutions that cover manifold HR functions don’t suffice, given the dynamism and real-time task of talent hiring. While they do manage employee data storage and payroll management, their purpose is one-sided and close ended.
Human Capital Management or HCM is the key differentiating factor that goes beyond talent acquisition to also include specific comprehensive practices that optimize HR. On an average, an employee’s human capital costs are almost 70% of a company’s operating costs according to The Olson Group. Yet despite this, 40% companies never give this aspect adequate attention. Microsoft Dynamics 365 for Talent – a rich, browser-based UI – is the answer to a company’s HCM strategy, reducing total cost of ownership, thereby reducing by almost 26% the total amount spent on HR related services. With a fully integrated HR module and native HCM, the solution offers unlimited talent management capabilities.
Making the first move – Hiring skilled, empowered employees at the start, enables organizations to begin on the right note. The best candidates are constantly engaged, connect deeper with their profile requirements and Dynamics 365 makes this an immersive experience. From scheduling times, to conducting efficient interviews and gathering feedback, all touchpoints are smoothly covered.
LinkedIn Integration – HR staff spend almost 58% of their time on administrative tasks that mainly includes typing out reports and sourcing information from LinkedIn. Dynamics 365 is integrated with LinkedIn’s recruiter services, which HRs can automatically match against existing role requirements – including recruitment, onboarding and retention.
Constant Employee Interface – Employees who know their roles, business goals and aware of all business insights are more empowered and informed. By aligning their deliverables to business goals, they are able to monitor real-time results on a single console and use analytics to facilitate agile and engaged work processes.
Microsoft Dynamics 365 for Talent
With people being the backbone of an organization, companies have to consider moving from an HR mindset to an HCM one to ensure optimal use of resources, constant growth and better profits. Dynamics 365 provides an intelligent, integrated platform that brings employees and employers together to better define responsibilities, and align them with the company’s goals.
To know more about how Microsoft Dynamics 365 for Talent can be used in your organization as a smart, intelligent solution for talent acquisition and HR resources, please reach out to us at firstname.lastname@example.org