Talent Tech Is Hot … But Without the Right Foundation, It Will Likely Disappoint

There is a revolution currently occurring in talent management and recruiting. Many firms are following Google’s lead and shifting to a data-driven model throughout all of the talent management functions. But an equally hot and exciting area is the development of talent technology, or talent tech for short. New vendors in the talent tech area seem to be popping up each month. But don’t get carried away with excitement because I have found that up to 80 percent of all corporate talent management technology purchases don’t produce a measurable ROI for the corporation within two years.