PHILADELPHIA, June 26, 2006 -- Today VirtualEdge Corporation (VE), a world-leading provider of Talent Lifecycle Software, released findings from its recent Webinar on "Utilizing Talent CRM technology to create your own talent inventory of relationships, contacts and information."
Underscoring the growing importance of impending baby boomer retirements and a widening skills gap many companies are re-thinking and getting creative about the ways they attract and monitor their talent inventories. The Webinar host was Roger Coker, Vice President Strategic Services for VE who offered over 20 years of recruiting and talent pipeline building expertise to the audience.
"Talent is the core resource for an organization´s overall success. Offering companies an automated Talent CRM solution to proactively build and leverage talent pipelines with key prospects, is paramount to sustaining competitive advantage, said Roger Coker, Vice President Strategic Services of VE. "The Webinar which yielded hundreds of participants brought this conversation of automation out in the open so that the entire community can learn."
Webinar Reveals Five Steps to Building a Talent Rich Organization
The Webinar outlined a series of pipeline building challenges facing today´s companies, and discussed the importance to be able to fill immediate talent needs, yet also take a strategic, long-term view of hiring to maintain the health and growth of their organization.
Following are the 5 Key Steps revealed for Building a Talent Rich Organization from the Webinar:
1. Have or create a clear talent management strategy.
Build talent strategies that identify the talent essential to accomplishing strategic business goals. What talent needs are most critical and at what locations? Do the talent pipelines in your organization reflect the critical trends and challenges your organization is facing? Do you have the talent you need to achieve your vision, strategy and objectives? What talent investments do you need to make and where?
2. Combine recruiting strategies with innovative tools to identify key talent.
Create a combined approach of strategy and tools to ensure that you will have two or three people ready, willing and able to step into each role that opens up because of a business opportunity or the promotion, retirement or resignation of others.
3. Use technology to build and monitor your pipeline enabling information knowledge.
Combine talent-related information into a central repository to provide a macro level view of your organization's talent pools and inventories. Forecast talent accurately, manage opportunities, and allocate resources efficiently.
4. Engage recruiters in the business so they see a relationship between what they do (building the pipeline) and how it can effect the company´s overall business performance.
Offer recruiting a solution that will aid them in being knowledgeable about their business and capable of forecasting ongoing talent needs and proactively developing channels to deliver talent just in time.
5. Stress the development of building Relationships with potential talent.
Build the kind of reputation as a talent rich enterprise that attracts great talent to your organization. Create targeted marketing campaigns that drive leads, build brand, or stimulate interest in your company.
"VirtualEdge´s latest innovation with VE Pilot will become a new pillar for companies interested in proactively building their talent pipeline of top performers and staying ahead of the talent curve," stated Director of Recruiting at Fox Networks. "Proactive recruiting organizations are looking to build talent rich organizations. This is only feasible if there is a solution that enables recruiting functions to source strategically, segment talent needs and tailor value propositions to individual interests and aspirations of their key talent for current and future success."
About VirtualEdge
VirtualEdge Corporation (VE) is a worldwide leader in Talent Lifecycle Software. VE provides the enterprise software foundation enabling companies to optimize the flow of talent throughout the organization, significantly improving productivity and fundamentally impacting the overall capital of the business. VE is the trusted solution partner for approximately one million users at more than 100 enterprises in over 80 countries. Many of the world´s foremost organizations such as Agilent Technologies, Avery Dennison, Campbell Soup Company, Chevron Corporation, CITGO, Delta Airlines, Genworth Financial, Honda of America Manufacturing, Rohm and Haas, sanofi-aventis, The Schwan Food Company, Schneider National Inc., and SunGard utilize VE solutions. To learn more about VirtualEdge, visit www.VirtualEdge.com or in the United States, call (877)485-5454.