Exploding Digital Myths in Talent Acquisition
AMS Whitepaper
Talent technology is here to stay.
The future is now.
We live in a world driven by technological transformation. New technologies have touched all industries and businesses. The talent landscape too has been propelled into the digital sphere, whether that’s automated CV sifting or conversational AI driven hiring processes.
George Westerman, the pioneering researcher and world recognized thought leader on digital transformation, recently commented: “When digital transformation is done right, it’s like a caterpillar turning into a butterfly but when done wrong, all you have is a really fast caterpillar”.
As the war on talent continues to heat up, it’s that tech-enabled butterfly that will herald the endless summer for organizations looking to future proof their workforces by securing the best talent. Those who fail to embrace a technology enabled approach are increasingly at risk of finding themselves unable to deliver the workforce they need, thereby putting the business goals they strive for at considerable risk.
However, change is a symptom of the brave and the talent technology market is fragmented, often confusing and moving at pace. According to the Boston Consulting Group, more than $12bn in venture capital was poured into the sector in 2021 and thousands of new talent applications have come to market in the last five years. It’s no surprise that industry leaders have found it difficult to embrace and adopt new technologies and ways of working.
Our latest white paper, Exploding Digital Myths in Talent Acquisition, debunks some of the most common myths surrounding talent technology and explores how tech-enabled tools, when implemented and used correctly, can underpin a talent acquisition strategy, and deliver better, faster and more dynamic decisions.
It’s important, however, that we bridge the gap between technology and talent. The fear of being replaced by automation can be a very real concern for employees. A 2020 report by Citrix found that 73% of employers believed that AI and technology would make employees more efficient by 2035. Conversely, only 39% of employees agreed when asked the same question. If left unaddressed, these concerns can lead to poor adoption of costly technology, further slowing the hiring process and demotivating existing employees.
But that need not be the case. It’s a myth that employees and technology cannot co-exist, or that AI will soon automate the entire hiring process. Rather, technology is here to remove mundane administrative tasks from talent professionals, allowing them to focus on candidate experience and strategic insights.
That’s just one of the myths around talent technology that this white paper aims to address.
From how to choose and implement talent technology through to the impact of artificial intelligence and automation on wider business, we’ll explode some of the misconceptions around technology and give tangible advice on how to implement tech tools within your talent acquisition function.
Along the way, we’ll hear from AMS industry experts, academics and thought leaders about their take on how digitization is transforming the world of talent acquisition, as well as examining global reports and studies on the sector. We conclude with a spotlight on AMS solutions, carefully developed, to make a difference to the world of work.
The temperature of the Talent Climate is rising, and talent technology is here to stay. Forget the myths, augment your talent teams by successfully operationalizing the right technology and you’ll revolutionize your workforce.
Talent technology is here to stay.
The future is now.
David Leigh
Chief Executive Officer
AMS
We live in a world driven by technological transformation. New technologies have touched all industries and businesses. The talent landscape too has been propelled into the digital sphere, whether that’s automated CV sifting or conversational AI driven hiring processes.
George Westerman, the pioneering researcher and world recognized thought leader on digital transformation, recently commented: “When digital transformation is done right, it’s like a caterpillar turning into a butterfly but when done wrong, all you have is a really fast caterpillar”.
As the war on talent continues to heat up, it’s that tech-enabled butterfly that will herald the endless summer for organizations looking to future proof their workforces by securing the best talent. Those who fail to embrace a technology enabled approach are increasingly at risk of finding themselves unable to deliver the workforce they need, thereby putting the business goals they strive for at considerable risk.
However, change is a symptom of the brave and the talent technology market is fragmented, often confusing and moving at pace. According to the Boston Consulting Group, more than $12bn in venture capital was poured into the sector in 2021 and thousands of new talent applications have come to market in the last five years. It’s no surprise that industry leaders have found it difficult to embrace and adopt new technologies and ways of working.
Our latest white paper, Exploding Digital Myths in Talent Acquisition, debunks some of the most common myths surrounding talent technology and explores how tech-enabled tools, when implemented and used correctly, can underpin a talent acquisition strategy, and deliver better, faster and more dynamic decisions.
It’s important, however, that we bridge the gap between technology and talent. The fear of being replaced by automation can be a very real concern for employees. A 2020 report by Citrix found that 73% of employers believed that AI and technology would make employees more efficient by 2035. Conversely, only 39% of employees agreed when asked the same question. If left unaddressed, these concerns can lead to poor adoption of costly technology, further slowing the hiring process and demotivating existing employees.
But that need not be the case. It’s a myth that employees and technology cannot co-exist, or that AI will soon automate the entire hiring process. Rather, technology is here to remove mundane administrative tasks from talent professionals, allowing them to focus on candidate experience and strategic insights.
That’s just one of the myths around talent technology that this white paper aims to address.
From how to choose and implement talent technology through to the impact of artificial intelligence and automation on wider business, we’ll explode some of the misconceptions around technology and give tangible advice on how to implement tech tools within your talent acquisition function.
Along the way, we’ll hear from AMS industry experts, academics and thought leaders about their take on how digitization is transforming the world of talent acquisition, as well as examining global reports and studies on the sector. We conclude with a spotlight on AMS solutions, carefully developed, to make a difference to the world of work.
The temperature of the Talent Climate is rising, and talent technology is here to stay. Forget the myths, augment your talent teams by successfully operationalizing the right technology and you’ll revolutionize your workforce.
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