Understanding Workforce Solutions, Staffing Acquisition, and Talent Management
Organizations can optimize their human resources when they better understand the subtle differences and similarities between workforce solutions, staffing acquisition, and talent management. The HR process is best streamlined by segmenting the process into separate divisions. When companies attempt to put workforce solutions, staffing acquisition, and talent management under one umbrella, some critical aspects might be overlooked.
Let’s break down what each task involves to differentiate them better.
Workforce Solutions Planning
Workforce solutions planning consists of developing a plan that addresses the company’s staffing needs. This process includes first understanding those needs by carefully reviewing and identifying the employment needs.
Workforce solutions planning does not only determine the company’s current needs and talent lifecycle, but it also forecasts staffing needs in the future. How does this get accomplished? It requires analysis of the current personnel and where they are positioned. Also, this type of planning must take into account those who will be at retiring age in the near future, possible individuals who may “outgrow” their positions, and potential gaps that will arise.
Finally, workforce solutions planning must have a component that consists of watching the market and how it aligns with the business’s products or services. For example, an IT company may experience a decrease in product viability with the development of new technologies. Consequently, this could eliminate some positions but open the way for new ones.
Workforce planning involves looking at the big picture, up close in the current situation, and looking beyond the moment to the future. This step is essential to staying competitive and successful.
Staffing Acquisition
Once workforce planning is achieved, staffing acquisition is crucial. Without the right number and type of staff to keep up with demand, a business will fall short of its long-term objectives. This can be one of the more challenging aspects of human resources. Talent acquisition involves multiple steps, some of which include:
- Searching for employees who can meet the requirements
- Analyzing resumes and narrowing down the list
- Conducting interviews, sometimes multiple interviews
- Onboarding new hires and providing orientation
- Following up with department heads to ensure the candidate was a good fit
Even after all those steps are complete, you may discover that the candidate hired was not the right person. At that point, you have to start all over again. By working with a staffing acquisition company like Advantis Global, you can alleviate the hassles of doing these steps. Advantis Global will streamline the entire process.
Talent Management
Once you acquire the best talent by working with a top staffing acquisition company like Advantis Global, you’ll head to the next HR phase: talent management.
Talent management consists of ensuring your team of employees performs optimally. Talent management identifies employee deficits and implements training to correct those. When employees are equipped with the right training and tools, they can maximize productivity. Not only that, but they will be happier at work, which is a critical factor in talent retention. U.S. companies pay up to $550 billion annually due to unhappy employees.
What Are the Similarities and Differences?
Although these three divisions of human resources are closely related, differences still exist. Workforce solutions planning marks the beginning of the process when the company determines employment needs. Staffing acquisition involves the steps leading up to a new hire, which could spill over to the onboarding process. Once the talent is hired, retention falls under talent management.
Workforce planning deals with researching, reviewing trends, and looking at workforce analytics. On the other hand, talent management puts plans in place to keep employees aligned with their positions and satisfied with the job/company.
Additionally, workforce planning strategizes the company’s employment needs, and talent management strategizes how to keep the employees happy and up to date on their skill sets.
Staffing is the glue that holds everything together. Without a robust staffing plan, a company won’t have the employees necessary to move forward and fulfill its long-term goals and objectives.
Why Advantis Global?
At Advantis Global, we will provide an instrumental part of your company’s human resources by connecting you with top-level candidates who are right for your specific employment needs. We have expertise in the staffing solutions industry, with a proven record of quality results.
If you want solid, quick talent solutions, contact Advantis Global for more information.
