talent transformation using augmented intelligence and analytics in a $7bn enterprise
enterprisethe client
A $7 billion enterprise that undertook talent transformation using augmented intelligence and analytics, framed by entomo as a 'Right Workforce Talent Management' model spanning Right Plan, Right Cost, Right Time, Right People and Right Skill. The engagement is currently being taught as an Analytics case study at IIM Bangalore, on using Artificial Intelligence in Talent Acquisition and Workforce Management.
at a glance
what entomo did
Future Talent Supply Chain: forecasting demand for talent and mapping market supply to build a demand supply index.
Workforce Cost Optimization: improving internal fulfillment of resources.
Talent Staffing: fulfilling external requisitions with internal talent.
Talent Fulfillment: finding the right fit for the role faster and improving conversion during selection.
Talent Transformation: understanding talent skill profile and gaps, aligned to business growth needs.
Curating Intelligent Learning Recommendations to build capability in current role and readiness for next / aspired roles.
Enabling access to external content, MOOCs and internal learning assets.
Curating Intelligent Career Recommendations by forecasting future jobs given business strategy and emergent career maps in the industry.
the results
- Accuracy of over 75% in forecasting of demand for talent
- 90% mapping of market supply to build demand supply index
- 10% Increase in internal fulfillment
- $5 Million equivalent additional availability of resources by improving internal fulfillment
- 33% Improvement in fulfillment of external requisition with internal talent
- Infant attrition at 2% for < 3 month and at 6% for < 1 year
- 40-60% decrease in time to find the right fit for the role
- 60% Higher conversion during selection process
- Over 200% increase in executing to Development & Career Plans
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