Companies know that diversity is important, especially as the markets they serve also continue to become more diverse. For decades, companies have operated under the false assumption that a lack of organizational diversity is a talent pool or pipeline problem. And, with that attitude, companies historically haven’t felt obligated to implement diversity and inclusion recruitment best practices.
The market for talent assessments is hot, and the need for assessment expertise will only grow. Data from Rocket-Hire’s assessment market report reveals that, in just five years (between 2015-2020), the pre-hire talent assessment market has grown by a shocking 98%. With so many companies implementing pre-hire assessments — many for the first time — talent assessment specialists are in demand to provide guidance.
Assessments help you achieve a more effective succession planning process. Here’s what you need to know about talent assessments and succession planning.
Assessments are a vital part of your talent strategy, but most companies fail to use them strategically. Typically, HR teams add assessments to the hiring process as a response to a specific problem, such as high turnover or low productivity.
Marketing hype machines are creating artificial intelligence (AI) FOMO — including in the talent-assessment space, with promises of exponential gains in efficiency and accuracy. With so many vendors and so many claims, things can consequently get murky trying to differentiate between assessment products. Then, too, it’s important to ask yourself: Are you really trying to…