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.
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
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.
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.
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.
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.
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.
For a more streamlined and dynamic approach to managing your strategic plans, Cascade Strategy Execution Software outpaces traditional spreadsheets by providing centralized collaboration, real-time updates, and automated reporting. This helps your team stay aligned, adapt swiftly, and maintain a clear overview of progress through visual dashboards, unlike spreadsheets which can become cumbersome and prone to errors as strategies evolve. Sign-up for free or book a demo with one of our strategy experts to see how Cascade can transform your strategic execution and help you attract the best talent faster.
