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How to build a talent pipeline during the coronavirus
With a high percentage of people currently working from home and with more availability, now is the time to get a step ahead of your competitors by building a talent pipeline.
With a high percentage of people currently working from home and with more availability, now is the time to get a step ahead of your competitors by building a talent pipeline.
Like almost everything else right now, talent acquisition is feeling the impact of the 2019-20 coronavirus outbreak. Potential candidates are self-isolating, there’s widespread anxiety around travel, companies are hesitant about conducting interviews, and hiring processes are generally being prolonged.
However, the outbreak should not undermine your talent strategy. Quite the opposite, in fact. With a high percentage of people currently working from home and with more availability, now is the time to get a step ahead of your competitors by building a talent pipeline.
By building your pipeline now, you’ll have a coordinated supply of quality candidates in the right locations, with the right skill sets and in the areas where you need them most – ready to join your organisation when hiring hits full motion again.
At 6 Group, our identity hits you square in the face when you enter our website – a sheer, snow-covered mountain face, with a summit that will clearly take some effort and sacrifices to scale. If you want to get up there, you are fully aware of what it takes and you are ready and willing to get cracking. To me, it is this image, more than anything else we can write or say, that sums us up.
This mountain symbolises a clear identity, by which we live every day and which we look to project to our various networks.
Such an identity isn’t that difficult to create, it really just needs to sum up the common denominator of your team members. Once defined, it should be the background to your hiring going forwards – something 6 Group can help with, by the way. However, the nature of it being a common denominator means that it shouldn’t need to be reinforced in any way. If you find that you are constantly reminding most of your team members of the identity they are supposed to project, you’ve either got the wrong identity – or the wrong team for your business.
The report above is a base example of what we would deliver to our clients at the end of a project. However, each pipeline is unique and how candidate data is collated and presented should be treated as such. Different organisations have different drivers for creating a talent pipeline. Some want to build resilience into their human capital, some want to empower gender diversity, and some use it for location feasibility purposes.
At their most basic level, 6 Group’s talent pipelines detail:
Below are three key steps we take in building talent pipelines for our clients.
You need to first understand which talent communities you are seeking to engage with – i.e. demographics, locations, skillsets, and education. Before commencing any talent pipelining project, we first meet with the client organisation’s key stakeholders to build a profile of the ‘ideal candidate’. Perhaps you’re looking to create pipelines for multiple disciplines which, naturally, would mean the creation of multiple profiles. The talent which we frequently get asked to build pipelines for are typically niche, technically skilled professionals as these people are considered hard-to-find and the company is heavily reliant on them for operational purposes.
It’s often a good starting point to identify a cohort of top-performing talent currently in your organisation and within the disciplines you want to build a pipeline for. Their attributes will be that of your ideal candidate. Make clear which technical or functional abilities they hold which makes them excel in their role. Another consideration should be their behavioural traits as this can form part of a later stage assessment for pipelined candidates.
Once you understand the talent markets you’re seeking to explore and engage with, you can begin to consider which approach will work best in building a strong talent pipeline.
How you develop your approach can be split into two segments:
1 | Identification: The more channels you utilise for your approach, the wider your access to the desired talent communities will be. We adopt a multitude of tailored sourcing channels during a talent pipelining project. These include:
2 | Engagement:Â Building an awareness of your target talent markets is just one half of the battle. How you subsequently entice this identified cohort into potentially joining your organisation – whether that’s immediately or at some point in the future – is a test of your attraction capability. Constructing a well-considered and engaging narrative about your organisation to ensure the candidate experience is exceedingly positive is key.Â
As a global executive search & talent intelligence firm, our clients trust us to act on their behalf. We uphold a highly professional approach which is built around the client organisation’s EVP and employer brand. We ensure that the delivery team is well-versed in all aspects of the client’s company and we develop first-class, client-branded marketing materials to distribute to all identified candidates.
Now that you’ve developed an approach into your desired talent market and a means to engage them, you can begin qualifying their suitability for their inclusion in the pipeline.
For each talent pipeline project, we work with the client to build a high-level technical assessment which covers the essential skills required in order to perform well in the specific discipline. We then take all potential candidates through this assessment and capture key details to build individual profiles. The data for each candidate we capture includes:
Ultimately, you’re left with a wide-scale awareness of your desired talent market and a pipeline to support your hiring activities for the foreseeable future.Â
To keep the pipeline both fresh and relevant over the long term, it’s necessary to periodically update it. Members of the pipeline may become unavailable as time goes by. To ensure it maintains longevity and usefulness to the client, we keep the pipeline active over an agreed period of time and continuously supplement it with additional suitable members.
Receive a quick call with one of our senior client partners to learn how we can help your business.