The traditional mechanisms and strategies companies employed for talent recruitment have become obsolete in the increasingly competitive labor market and digital-first economy. This has resulted in the accelerated digitalization of human resources. Nevertheless, companies should be careful not to eclipse the human aspect candidates seek throughout the recruitment process.
Talent scarcity is one of the greatest concerns companies are facing, a deficit that threatens to hinder innovation and curb growth. To minimize these potential risks, companies have turned to technology applications to take over repetitive, manual work so human resources (HR) departments can focus on more pressing aspects of the recruitment process. These resources can include the adoption of chatbots, artificial intelligence and machine learning to take over candidate screening, scheduling interviews and knowledge direction.
To be clear, the digital transformation of HR functions should not be considered a catch-all approach to recruitment processes. Recruitment technologies are usually designed with the needs of the company in mind, not the candidate’s; consequently, companies should be mindful of which aspects of the recruitment process they decide to automate. This is especially important considering that candidates’ desire for direct human interaction intensifies as they advance through the interviewing stage, according to PwC.
For now the overarching objective for human resources HR departments is striking a balance between technology and human interaction. This is a learning curve that should consider tradeoffs and questions regarding diversity, inclusion and the formation of ethical guidelines. Once a clear foundation is laid, future opportunities in this space concern the use of interactive technology to simulate the job experience and or office environment as an effective recruitment strategy.
This topic will be further elaborated upon by industry experts who will expand upon the most pressing trends of talent management at Mexico’s Talent Forum. The event will also cover the long-term opportunities of this sector such as the Rise of the Chief Human Resources Officer, Leadership in The Digital Age and Upskilling and Continuous Learning. During the event, industry leaders will outline how innovation and tech are helping both employees and employers adjust to a new post-pandemic reality.
Mexico Talent Forum, now hosted on Zoom, will break geographical barriers and welcome global industry leaders to discuss the most pressing labor trends, while simultaneously minimizing COVID-19 related risks or possible outbreaks. The event is organized by Mexico Business, which hosts conferences on Mexico’s most important industries and in 2021 welcomed 2,136 industry-shaping companies and 758 speakers to 13 industry-leading conferences.
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