What Semantic Cloud Means for Staffing Organizations
By: John Rossheim
Adapted from Talent Management that Taps the Semantic Cloud
Staffing organizations have complex, rapidly evolving placement needs requiring integrated talent management systems to support long-term success.
Unfortunately, a solution has been easy to imagine but nearly impossible to realize — until now.
Today’s staffing companies mine multiple talent pools in multiple locations and in varying formats, making it almost impossible to compare search results. In contrast, semantic search evaluates the multifaceted skills and experiences within a resume and provides instant candidate matching analysis against job requirements.
Until recently, incorporating semantic search into a talent management system has been prohibitively expensive.
Enter the Semantic Cloud
Semantic cloud talent management fulfills the promise of integrated strategic planning by combining data from multiple internal and external sources.
“The world doesn’t need another talent-management system,” says Javid Muhammedali, Sr. Product Director for Monster’s SeeMoreTM, Monster’s entry in the nascent cloud-talent management space. “What the world needs is a cloud-based platform to take existing systems, integrate them and make them semantic-aware.”
“With SeeMore, staffing organizations can search resumes from all their talent databases, no matter where they’re located – from Monster, other resources, social networks, referrals, or ATS systems,” states Matthew O’Connor, Sr. Vice President, Monster. “This cloud-based platform incorporates Monster’s patented 6Sense® semantic search technology so the resulting matches are sorted and ranked with top candidates – a huge time saver for recruiters looking to place candidates fast.”
The results of a recent Monster survey of SeeMore customers found tremendous efficiencies using this cloud-based system: 70% felt that SeeMore reduced the time to search for resumes, and more than 65% found candidates they could not find before. Data for the study was collected in hands-on testing in July, 2011 of SeeMore by 100 recruiters, managers and executives from 21 enterprise clients nationwide.
“Many ATS systems are just not equipped for precision search, putting pressure on staffing organizations to sort through hundreds of resumes to find the proverbial needle in a haystack which best meets a placement requirement,” O’Connor says. Industry experts agree. “SeeMore makes sense of the thousands of resumes that lurk in every ATS,” wrote John Zappe.
Staying at the Top of their Game
Staffing companies are not alone in their need to quickly find top talent; their clients are beginning to use cloud-based recruiting solutions to find talent themselves.
“We need to be one step ahead of our clients, finding the talent they need faster and better than they can,” states Aaron Green, President, PSG Staffing. Green is a thought leader in staffing, keeping his eye on technologies his clients are using.
The company will be implementing SeeMore shortly. “With SeeMore, we can spend less time searching and more time matching the right candidate to the right job,” Green says. “We want to use innovation to do the heavy database lifting, so we can spend more time on conversations with the right candidates, shortening our time to place.”
Gaining Productivity Yields More Placements
The predictive potential of cloud-based talent management allows companies to note skill gaps in their candidate pools.
“You can look at undersupplied talents, like software programmers with JAVA experience, then address the shortfall with recruitment approaches to gain additional candidates, filling the pipeline to be prepared for future customer requests,” says Muhammedali.
SeeMore’s talent dashboard provides in-depth analysis on the talent in all of a staffing organization’s databases, including skills, experience, or location. Easy to interpret graphs help staffing organizations focus recruitment efforts on gaps in their talent pools while highlighting areas of concentration they should promote to their customers.
“The detailed information helps staffing companies focus their recruitment tactics and customer acquisition strategy,” says O’Connor. “Information is power and speed to place is often the deciding factor in obtaining and fulfilling business.”
Welcome to best practices in today’s talent management arena. Welcome to the cloud.