Please see below pre-2016 recent intelligence about talent. Thiis is a synthesis of major recent developments at competitors, business schools, thinktanks, media, commentators, and other key influencers.
- In Winning the talent war: Critical success factors for consulting firms, Sourceforconsulting interviewed more than 100 job-hunting consultants and found that a huge 70% of them rate firms’ culture as one of the most important factors in choosing their next employer. While it’s not surprising that culture is important people want to like their company and their co-workers - Source was a bit surprised by just how much more important culture is relative to everything else. The second-placed factor - a good career path within the firm- was a top concern for only 55% of candidates, and money was primary factor only 54% of the time.
- Consulting’s eternal war for talent has only intensified of late, found Sourceforconsulting, as rapid growth in some large markets and a need to recruit for digital skills has left many firms feeling short staffed.But perhaps the more daunting challenge comes from new sources of talent competition: whereas firms previously competed primarily among themselves and with investment banks to win the brightest recruits, they’re now facing a challenge from tech companies and start-ups, which many job seekers consider more exciting and possibly less brutal places to work.
In The Search for Hidden Talent Treasures, strategy+business warned that organisations looking for outside talent pay an extraordinary amount of attention to resumes. HR pores over job descriptions looking for the right words to craft compelling recruitments ads. Applicants fret as they hone their cover letters to reflect what they think the company wants. Hiring managers scour applicants’ CVs for indicators of the right skills and experience, but, too often, this is all forgotten once the hire is made.