A new approach that puts greater focus on data, is now being deployed to the field of recruitment. A report submitted by McKinsey in 2018, clearly confirmed that companies that hire more diverse talent, are more likely to outperform their peers, who do not follow such means. As a result, companies are being forced to rethink their talent recruitment strategies. These companies have clearly realized that data arms them with the best tool to manage this realignment. Lack of awareness and limited contacts within one’s specific industry are often ascribed as the key obstacles towards realigning the company’s recruitment strategy. In order to translate this data in to action, one needs to start by improving accessibility. Enhancing awareness has to be the next step. Systems need to be put in place that will boost the overall accountability levels. The Jopwell and PGA of America are two such organizations that were aligned wrongly, but now deploying data- driven business analytics to rectify the situation.

Source:https://hbr.org/2019/12/why-isnt-your-organization-isnt-hiring-diverse-talent?utm_medium=email&utm_source=newsletter_weekly&utm_campaign=weeklyhotlist_activesubs&utm_content=signinnudge&referral=00202&deliveryName=DM59604

Uploaded Date:27 December 2019