What is a Talent Acquisition Strategy Plan?
A Talent Acquisition Strategy Plan is an organized plan of action that outlines the steps to be taken to achieve the goals of a company's talent acquisition strategy. It serves as a roadmap to help companies identify and recruit the best and most qualified candidates. It defines the objectives and actions required to build and maintain a successful talent acquisition program.
What's included in this Talent Acquisition Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Talent Acquisition Strategy Plan template for?
The Talent Acquisition Strategy Plan template is designed to give HR teams of all sizes and industries the tools to create a plan to acquire and retain talent. It is an essential resource for HR professionals in any organization, helping to ensure that the recruitment process is effective and efficient.
1. Define clear examples of your focus areas
Focus areas are the overarching goals for your talent acquisition strategy. Examples of focus areas include but are not limited to: Talent Acquisition, Employee Engagement, and Training and Development. Your focus areas should be chosen based on the specific goals and objectives of your organization.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved to reach your focus areas. Examples of some objectives for the focus area of Talent Acquisition could be: Increase number of qualified candidates, and Retain top talent.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that are set to help track progress towards achieving objectives. For example, a KPI for the objective of increasing the number of qualified candidates could be “increase the number of applicants” with an initial goal of 50 and a target goal of 100.
4. Implement related projects to achieve the KPIs
Projects (or actions) are the specific steps taken to achieve the KPIs. For example, to increase the number of applicants, a project could include using job boards and social media.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is the leading strategy execution platform, designed to help organizations accelerate their strategy execution and drive business results. Cascade’s simple, yet powerful platform provides the tools to help you quickly develop, track, and manage your talent acquisition strategy plan for faster results.